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India's EV transition needs a China-style ecosystem push; scale, policy, charging infra boost: NomuraIndia's transition to electric vehicles (EVs) will depend critically on how quickly it can build out a robust charging ecosystem, with infr...- Oben Electric eyes Rs 300 crore fundraise for expansionOben Electric is preparing to raise Rs 300 crore. This funding will boost its product range and expand its sales network. The company sees ...
- Irdai keeps FY27 cession rate at 4%, backs GIC Re roleIrdai has maintained the mandatory 4% cession rate for FY27, directing general insurers to place this share with GIC Re. This decision aims...
- Oben Electric raises Rs 50 crore; total Series A funding hits Rs 100 croreThis latest capital infusion will help the company in continuing with growth and accelerate expansion of distribution network to over 150 s...
- Oben to foray into 100-cc motorcycle segmentOben Electric is set to enter the 100-cc motorcycle segment with its new O100 platform, targeting the mass commuter base with sub-Rs 1 lakh...
- GoDigit promoters get Irdai nod for first pvt reinsurerValueattics Reinsurance Ltd, backed by Kamesh Goyal and Fairfax, becomes the first private reinsurer to gain regulatory approval in India. ...
- Oben Electric to launch affordable electric bike for mass market this yearOben Electric, based in Bengaluru, is preparing to launch a mass-market 100cc-equivalent electric motorcycle in 2025. The company aims to e...
- Oben Electric secures Rs 50 crore in Series A funding to drive pan-India expansionFunding round saw participation from Ambis Holding US, Kuberan Ventures, Karimjee Group from Africa, Mission Vertical-US Based VC, Sanjeev ...
- Oben Electric offering electric motorcycle in Delhi with huge Rs 40,000 discount. Check DetailsOben Electric opens its first showroom in Delhi, introducing the Oben Rorr electric motorcycle. The EV maker, as an introductory offer, is ...
- Go Digit IPO commands healthy GMP as Street awaits one of the most sought after issues this yearIn the unlisted market, the company's shares are commanding a healthy premium of Rs 50 in the unlisted market. The company has priced the I...
- Electric motorbikes on course to take charge of EV spaceMany startups and traditional players are set to launch vehicles that match ICE models in terms of performance, range and price. Until now,...
- EV startup Oben Electric raises $4.9 million in fundingThe funding will help Oben Electric increase production capacity to 1,00,000 units per year at its 3.5-acre manufacturing facility in Benga...
- EV startup Oben raises Rs 40 crore in extended pre-Series A roundThe capital infusion will help the company in scaling up its production capacity at the Bengaluru facility to 100,000 units per year as wel...
- EV sector witnessing significant employment growth, says reportElectric vehicle players have hired 2,236 employees in the last six months and women established their presence in almost all sectors in th...
- 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...
- Oben Electric brings e-motorcycle Rorr to India at Rs 99,999The battery can be fully charged in 2 hours, the company claims.
- Oben Electric secures additional $1 million in seed round from GVK Power, othersOben Electric received $1.5 million in December 2021 led by We Founders Circle (WFC). The startup has now been oversubscribed 3x times maki...
- Fairfax needs to sell 25% stake in ICICI Lombard to get a new permitRegulator asks Canadian company to comply with rules before it takes up Oben General's case for second-stage approvals.
- Fairfax will need to sell 25% in ICICI Lombard for second licenceFairfax has applied for a second licence to form a fresh joint venture in general insurance with Kamesh Goyal, a former executive at German...
- IndusInd Bank plans to launch general insurance armMany private and public sector banks are looking to open up their own distribution networks to sell products of multiple insurance companie...
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