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EULER MOTORS GIC
Euler Motors doubles FY26 revenue to Rs 402 crore, losses expandEuler Motors, a commercial EV manufacturer, more than doubled its FY26 revenues to Rs 402 crore, driven by rising EV adoption. Despite wide...- Euler Motors net loss jumps five-fold to Rs 175.44 crore in FY23The Delhi-based company reported a 250% on-year jump in revenue from operations to Rs 61.53 crore, according to its financial statements fi...
- Bhavish Aggarwal's Krutrim AI plans; Elevation Capital report on startup outlookOla founder Bhavish Aggarwal on Friday unveiled the large language model (LLM) Krutrim, which he described as ‘India’s own AI’. This and mo...
- Third Wave Coffee lays off employees months after fundraiseThird Wave confirmed the layoffs to ET in a statement, saying that it was a “one-time restructuring exercise to consolidate our teams”.
- EV maker Euler Motors raises Rs 120 crore in down roundThe firm had last raised funding in October 2022, when it received an investment of $60 million at a $200-250 million valuation, per news r...
- Euler Motors raises Rs 120-cr in funding roundEV maker Euler Motors has raised Rs 120 crore in a funding round including British International Investment and Green Frontier Capital. The...
- EV company Exponent eyes $25 million at $100-120 million valuationExponent Energy had last raised $13 million in August 2022 in a Series A led by Lightspeed that valued the Bengaluru-based startup at aroun...
- Electric commercial vehicle maker Euler Motors lays off 250 employeesIndian EV maker Euler Motors, funded by Singapore's sovereign wealth fund GIC, has laid off about 250 staff to attain greater efficiencies,...
- GIC-backed Euler Motors cuts 250 jobsThe severed roles were largely related to sales and R&D, sources said. This is at least the second electric vehicle (EV) startup to cut job...
- Elon Musk is definitely buying Twitter this time. MaybeThis week Elon Musk offered to buy Twitter for $44 billion or $54.20 a share – again. Don’t put the popcorn down just yet. Here’s the TL;DR...
- ETtech Deals Digest: Big-ticket funding for Indian startups far from sightWith large PE and VC funds still placing their bets cautiously amid the volatile macroeconomic environment, the dry spell might continue fo...
- Indian EV maker Euler Motors expects to ramp up monthly production to 1,000 unitsEuler, which counts Walmart Inc-backed e-commerce firm Flipkart and Tata-backed grocery delivery firm BigBasket among its customers, recent...
- Musk offers to buy Twitter at original deal price; PayU-BillDesk flop to roil Indian fintechMusk began showing signs of buyer’s remorse shortly after the deal was announced, alleging that Twitter had misled him about the size of it...
- Women lead the way in EV sector; govt targets ads by foreign betting sitesIndia’s electric vehicle (EV) sector is growing rapidly and much of this growth is being driven – if you’ll excuse the pun – by women, acco...
- GIC leads $60-million funding in EV startup Euler MotorsEuler will use the funds to scale up its manufacturing and supply chain infrastructure, accelerate product development and augment talent a...
- Euler Motor raises $60 million from investors led by GICA new manufacturing site will help the company ramp up its production from about 100 units a month at the present to 1,000 units, helping i...
- ETtech Evening Briefing on Mar. 4, 2021: WhatsApp calling comes to the laptopWhatsApp brings voice and video calls to laptops. Flipkart eyes US listing via an SPAC, but an IPO is more likely. What are third-party coo...
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