Mukesh Ambani-backed EV maker Altigreen is said to weigh raising $85 millionThe company, which counts billionaire Mukesh Ambani among its backers, is seeking a valuation of around $350 million in the new round, said...
29 May, 2023, 05.05 PM IST
Commercial EV startup Altigreen opens first retail experience centre in MysuruThis is the company’s 23rd retail dealership in India, following the launches in major metros like Mumbai, Chennai, Hyderabad and Bengaluru...
12 Mar, 2023, 06.20 PM IST
Altigreen plans to raise up to Rs 1k cr next year to fund next phase of growthIn an interaction with PTI, Saran said the company plans to have a national presence with sales outlets spread across the country, includin...
17 Oct, 2022, 12.34 AM IST
E-commercial vehicle maker Altigreen plans to raise Rs 1,000 crore next yearAltigreen, which raised Rs 300 crore from Reliance Industries and four venture capital funds earlier in February this year, will utilize th...
16 Oct, 2022, 10.51 PM IST
EV startup Altigreen opens first 3-wheeler showroom in Bengaluru, plans 30 more by March endKarnataka’s IT/BT Minister CN Ashwath Narayan opened the showroom, which will also handle servicing, retailing parts, and charging. The Min...
20 Sep, 2022, 07.24 PM IST
Private equity fund Xponentia gets Rs 365 crore in 1st close of second fundThe PE firm, Xponentia Capital Partners is looking to mop up Rs 750 crore towards the final close of the fund.
25 Jul, 2022, 07.51 AM IST
Ecommerce sales tepid; upstarts seek to disrupt Ola, UberEcommerce has generally boomed over the past two years thanks to lockdowns and other pandemic-induced restrictions. But with the wider econ...
25 Jul, 2022, 07.28 AM IST
How Altigreen wants to revolutionise last mile connectivity, the electric wayThere is a Rs 14,000 crore reason for Altigreen to do so. The Indian 3W market is projected to grow to ₹14,000 crores in FY23 with electric...
14 Jun, 2022, 10.27 PM IST
Xponentia Capital looks to raise $100 million for second fundXponentia Opportunities Fund-2 is expected first close by April 2022. The fund will have investors including Indian family offices, domesti...
01 Mar, 2022, 10.04 AM IST
Altigreen raises Rs 300 cr funding led by Sixth Sense Ventures, Reliance New Energy, othersReliance Industries on Thursday had announced the acquisition of a stake in Altigreen Propulsion Labs Pvt Ltd for Rs 50.16 crore through it...
11 Feb, 2022, 03.11 PM IST
Shots fired in BharatPe saga; Flipkart goes liveBharatPe’s controller Madhuri Jain, who is also cofounder Ashneer Grover’s wife, has sent a letter to A&M saying she is considering legal a...
11 Feb, 2022, 01.30 PM IST
RIL drives into electric CV maker Altigreen with 4 VCsReliance Industries and four venture capital funds are investing ₹300 crore in electric commercial vehicle maker Altigreen, which will help...
11 Feb, 2022, 06.01 AM IST
Altigreen raises Rs 300 crore in funding led by Sixth Sense Ventures, othersThe company will utilise the resources to boost manufacturing capacity, launch new products including light commercial vehicles and strengt...
10 Feb, 2022, 11.23 PM IST