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FUNDING ROUND FOR EVERA
BluSmart fleet on the block, HCL-Foxconn semicon JVLenders and lessors are planning to sell EVs on the BluSmart fleet to recover their dues. This and more in today’s ETtech Morning Dispatch.
Electric cab startup Evera begins absorbing BluSmart’s repossessed EVs; eyes Delhi airport dominanceThe Delhi-based all-electric cab service company has onboarded 220 vehicles till now, with plans to add the rest in the coming days. Eventu...
BharatPe hits Ashneer Grover with fresh case; Tesla ready to invest in India, but conditions applyBharatPe cofounder Ashneer Grover finds himself in trouble yet again, this time for sharing the company’s confidential information on socia...
Startups vs IAMAI, redux; Mojocare investors mull legal action against foundersStartups are once again at odds with the Internet and Mobile Association of India (IAMAI) over the latter’s stance on the digital competiti...
Uber leads new $20 million funding round in Mumbai-based Everest FleetThe funding is Uber’s first inorganic investment in India, and comes in the backdrop of the US-based urban mobility company’s expansion int...
EV cab company Evera raises $7 million in funding led by IEG InvestmentNimish Trivedi, the company’s cofounder, told ET Evera will use the money for technology development and marketing and promotion of the bra...
Bike taxi ban delivers a blow to Delhi ecommerce; IT employees should return to offices: Wipro chairman Rishad PremjiEcommerce deliveries are facing significant disruptions in India’s capital, executives at online platforms and impacted brands said, statin...