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H-1B fee hike risks; PhonePe's losses shrinkThe H-1B visa fee hike threatens education lenders with riskier loans. This and more in today's ETtech Top 5.- Brands may see reruns of the 14-year-old’s eye-popping performance — but will they ‘Tendulkar’?Vaibhav Suryavanshi's success mirrors startups disrupting established markets. Minimalist was acquired by HUL. Mamaearth faces legal issues...
- Refex Industries, Gensol Engineering call off EV deal citing evolving commitmentsThe deal involved Refex taking over 2,997 cars owned by Gensol, along with Rs 315 crore in debt. The deal fell through primarily because of...
- Namma Yatri raises $11 million in funding round led by Blume Ventures, Antler, othersRide-hailing company Namma Yatri has raised Rs 92 crore or $11 million in a pre-Series A funding round. This was led by Blume Ventures and ...
- Uber gets nod to run bus service in DelhiUber has received a licence from the Delhi transport department to run its bus services. This is under the Delhi government's app-based pre...
- Exclusive: EV startup Zypp in talks to raise new funding from Tribe Capital at $300-350 million valuationZypp Electric seeks $40M funding from Tribe Capital for expansion and tech development. Revenue tripled in FY24. Launching $250M India fund...
- Zypp Electric to deploy 500,000 e-scooters in India by FY27We started Zypp Electric to reduce carbon emissions, especially in the last-mile delivery and mobility sectors, through electrification. It...
- How upstarts are challenging the dominance of ride-hailing giants Ola and UberThe new players, including Rapido, Blu Smart, Drife, and Shoffr, are gaining traction by offering attractive packages for drivers, lower pr...
- Ola to roll out premium service Prime Plus to more usersIn May, Ola launched the pilot programme of Prime Plus to select users in Bengaluru. The new premium service offers top cars and drivers an...
- Rapido launches rental services for multi-point trips in six citiesRapido Rental can be booked under selected package duration of one hour, two hours, three hours, four hours and six hours.
- ETtech Morning Dispatch on Feb. 10, 2021: Mutual Fund Mayhem, Deluge of IT ESOPsHere's a look at the top tech news to start your day.
- Rapido launches hourly two-wheeler rentals in major citiesRapido will offer fixed-rate services starting at Rs 99 per hour for up to six hours. This is expected to allow customers to run multiple e...
- Shared mobility companies take a U-turn to stay on the roadOla, Uber, Vogo, Bounce, Rapido, and Yulu are expanding their portfolio and restructuring their category mix as consumer appetite for on-de...
- Coronavirus' impact on India's auto sectorCOVID-19 led to supply chain disruptions and production halt in the latter half of March 2020.
- Uber says EVs will electrify its India fleet in two yearsThe company has already piloted electric autos in Chandigarh with SUN Mobility, where the EV platform offers swappable batteries and interc...
- Two-wheeler rental startup eBikeGO plan pre-series funding to expand fleetThe company's founder believes that economical cost of delivering at 20 paise per kilometer with a loading capacity of 150 kg, offers great...
- The sharing and renting economy sees a bloom amidst the slowdownThe sharing and renting economy appears to be steadily growing among millennials averse to acquiring assets.
- Ride to future: Auto firms are crafting new strategies to stay on trackA great recalibration has begun — through acquisitions, alliances, diversification, and even market exits.
- Mobility startups attract big bucksAnother area seeing investor action is car & bike pooling, where Quick Ride is learned to have got around $15 million from Naspers.
- How car ownership is changing rapidly and irreversibly in IndiaThe tectonic shifts reshaping the global auto industry globally are beginning to be felt in India.
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