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VECMOCON TECHNOLOGIES
ETtech Deals Digest: Indian startups raise $160 million this week, up 75% on-yearDespite the higher value, the number of deals during the week was down at 16 transactions, compared to 34 in the corresponding week last ye...- Cred’s down round; Blinkit’s food safety woesHappy Tuesday! Cred has raised fresh funding at a steep cut in valuation. This and more in today’s ETtech Morning Dispatch.
- Deep tech startup Vecmocon Tech raises $18 million in round led by Ecosystem Integrity FundVecmocon Technologies, a deep-tech EV startup, raised over $18 million in Series A funding led by EIF, with Aavishkaar Capital, BII, and Bl...
- Accelerating towards tomorrow: India’s electric vehicle revolutionGovernment initiatives, including the FAME and Production Linked Incentive (PLI) schemes, have bolstered local manufacturing and competitiv...
- UK’s BII to invest $33.5 million in India’s EV sectorBritish International Investment (BII) is investing $33.5 million in India's electric vehicle sector, divided among fleet operator Everest ...
- EV parts maker Vecmocon raises $10 million in round led by Ecosystem Integrity FundBritish International Investment and existing investor Blume Ventures also participated in the round. The IIT Delhi-incubated startup will ...
- PE funds in electric vehicles may cross $1 billion in 2022Investors pumped in $904 million through 26 deals in the nine months to the end of September, including in battery manufacturing and batter...
- Consumer internet firms seek clarity on telecom bill; exclusive interview with Wipro CEOThey are seeking a clearer definition of “communication” and “over-the-top” service providers in the new rules, the sources said.
- MG Motor India shortlists 12 startups in auto-tech spaceAs part of its 'MG Innovation Grand Challenge' programme, MG Motor India said it had received 71 applications from across the country.
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