Artha Venture Fund partially exits Everest Fleet with 19x return
Mumbai-based early-stage microVC, Artha Venture Fund (AVF)-I, has recently announced a partial exit from Everest Fleet, a fleet management company,
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fleet operations
EV-as-a-service: Understanding the business model and its relevance
Founded in 2017, Zypp Electric is a leading EV-as-a-Service platform helping deliver groceries, medicines, food, and e-commerce packages from point
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ZEVO secures funding to expand sustainable supply chain solutions
ZEVO, an integrated electric supply chain and warehousing platform, has received funding from Agility Ventures, an Angel Fund in India.
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Ashok Leyland to house all future E-MaaS business under OHM | To invest INR 300 Cr as equity
Ashok Leyland, the Indian flagship of the Hinduja Group, has approved the acquisition of 100% of Ohm Global Mobility Private Ltd
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EV fleet as a service provider Bluwheelz secures USD 500K in seed funding led by FAAD Network
Bluwheelz, an Indian electric vehicle (EV) fleet-as-a-service company, has secured USD 500,000 in seed round funding led by FAAD Network,
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Amazon and Eicher collaborate to deploy 1,000 electric trucks over 5 years in India
Eicher Trucks and Buses, a division of VE Commercial Vehicles Limited (VECV), has announced a partnership with Amazon to accelerate
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MOVIN introduces electric cargo 4Ws for last-mile deliveries in Delhi NCR
An express logistics start-Up, MOVIN formed as a JV between UPS and InterGlobe Enterprises in May 2022, has announced the
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Everest Fleet raises $20M led by Uber to expand ridesharing operations
Everest Fleet has raised $20 million in a round led by the ridesharing company Uber. Everest provides CNG and Electric
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BluSmart hits 200 million electric km
On the occasion of World Environment Day, 5th June 2023, EV ride-hailing service and EV charging superhub infrastructure operator, BluSmart
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Log9 and Quantum Energy Launch India’s Fastest-Charging Electric 2-Wheeler for Last-Mile Logistics
Log9 Materials, in collaboration with Quantum Energy, has launched an electric 2-wheeler called Bzinesslite InstaCharged by Log9. This cargo e-2W
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Uber Launches EV program Uber Green in India| Unveils Partnerships
Uber has announced the launch of Uber Green in India, its global flagship electric vehicle (EV) program. Starting from June
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EV Logistics firm Zyngo raises $5M in pre-series A funding led by Delta Corp Holdings
Zyngo EV Mobility Pvt. Ltd, a Gurugram-based tech-enabled third-party logistics service provider, has raised $5 Million in Pre-Series A funding
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OREDA invites bids to provide 300 EVs for fleet services
Odisha Renewable Energy Development Agency (OREDA) has issued an RFP for EV Fleet as a Service (EVFaaS) for 300 EVs
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EV charging software provider Kazam raises $3.6M
Kazam, a software platform for Charge Point Operators, Fleet Operators and Electricity Grids, has raised $3.6 million in a round
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PFC approves 633 crores loan for 5000 passenger EVs and 1000 cargo EVs
Power Finance Corporation Ltd (PFC), a Maharatna company and the leading NBFC in Indian power sector, has sanctioned a loan
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Magenta Mobility secures USD 22M investment commitment from bp ventures and Morgan Stanley India Infrastructure
bp ventures has invested $11 million in Magenta Mobility, an e-mobility company in India which specialises in the electrification of
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EVIFY raises $200,000 in a seed funding round led by We Founder Circle
EVIFY, an tech braced EV logistics startup, raised $200,000 in a Seed funding round led by We Founder Circle. The
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Last mile connectivity in India and Mahindra LMM’s investment plans
In this exclusive interaction with EVreporter, Suman Mishra – CEO of Mahindra Last Mile Mobility (LMM), shares her perspective on India’s
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Light commercial vehicles goods carrier market in India| Upcoming e-LCVs and TCO comparison
As per CareEdge, LCV goods segment has observed a 55% Y-o-Y growth in the H1 of FY 23. LCV sales
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Evera EV cab service provider raises $7 Mn USD in pre-series A round
Evera- an EV Cab service provider, has marked the final closure of its pre-Series A funding round at $7 million. The company
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