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FUNDRAISING IN EV SECTOR
VCs pivot to EV infra & energy storage in new $65 million funding waveSeveral Indian battery-tech and energy transition startups are actively seeking to raise approximately $65 million, signaling a potential r...- PSU banks see sharp jump in green deposits FY26; deploy funds for clean transport, renewable energyIndian state-owned banks witnessed a significant rise in green deposits during FY26. This growth reflects growing depositor interest in sus...
- ETMarkets Smart Talk | Defence and electrification are multi-year structural themes for India: Prateek AgrawalGeopolitical shifts and the drive for self-reliance are creating long-term investment opportunities in India's defence and electrification ...
- Where Zepto stands in q-comm; H-1B relief kicks inHappy Wednesday! Zepto's IPO filing reveals where it really stands against Blinkit and Instamart. This and more in today’s ETtech Morning D...
- Exponent Energy raises Rs 200 crore led by 360 ONE Asset, TDK VenturesExponent Energy, an EV charging startup, has secured Rs 200 crore in a funding round co-led by 360 ONE Asset and TDK Ventures. The company ...
- Ola Electric launches QIP to raise funds, sets floor price at Rs 37.74 a shareOla Electric Mobility has launched its qualified institutional placement (QIP) and set a floor price of Rs 37.74 per share. The company may...
- Top-level rejig hits mid-cap ITs; Fintechs wary of RBI wallet rulesHappy Thursday! Mid-sized IT firms are realigning leadership teams as AI-driven changes force a rethink. This and more in today's ETtech Mo...
- Vi shares double investments in 1 year. Here’s what analysts from Macquarie, JPMorgan, other global brokerages sayVodafone Idea shares have surged over 100% in a year. Analysts from Macquarie, JPMorgan, and other global brokerages offer mixed views. Whi...
- Electric Luna maker Kinetic Green raises US$25 mn for aggressive growth in its e2W, e3W bizKinetic Green has received a $25 million investment from Greater Pacific Capital as part of its Series A fundraise. This company aims to sc...
- India well-poised to get to $80-100 billion PE-VC deployment in 5 years: reportPrivate equity and venture capital firms remain cautious due to global macro conditions in 2024. India is expected to benefit from outsized...
- 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...
- EV startups attract investments, talent as others struggleAs sustainability takes center stage, EV companies attract talents and investment for growth
- EV logistics firm Zyngo raises $5 million in round led by Delta Corp HoldingsZyngo intends to deploy over 3,000 EVs across India by the end of FY23. By 2025, the company aims to deploy at least 18,000 EVs throughout ...
- PEs to recharge two-wheeler EVs with $2 billion fundingHero Electric, Ather Energy, Pure EV, Simple Energy, TVS Motor, Oben and Ivoomi are likely to witness private capital inflow, they said, wi...
- IREDA sanctions Rs 267 cr loan to BluSmart MobilityAccording to the statement, the BluSmart Mobility will use the fresh capital to purchase 3,000 all-electric cars to expand its EV fleet.
- Switch Mobility closing in on $200 million fund raise, says Dheeraj HindujaThe fundraise will meet the investment requirement of over $500 million in the next 3-5 years for Hinduja Group EV endeavours. The money wi...
- EV maker Simple Energy gets $21 million fundingThe fresh capital will be utilised to increase manufacturing capacity, accelerate new product development, and expand experience centres, c...
- Mahindra and Mahindra wants to onboard investors to charge up its EV dreamsMahindra is also looking to grow its farm machinery business 10-fold with annual revenue of Rs 5,000 crore by 2027. For this business too, ...
- Tata Motors to invest $2 billion in EVs after fundraise from TPGTPG and ADQ would hold between 11% and 15% in the new EV entity, valuing it at about $9.1 billion, Tata said. The unit will invest in new m...
- Charged up: PEs & VCs pump big money into electric vehiclesInvestment activity in the EV space jumped after Japan’s SoftBank Vision Fund said in 2019 that it would invest $265 million in Ola Electri...
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