BusinessStartup

EV Startup Kazam Scores $6.2 Million in Funding to Power India’s Green Revolution

Bengaluru-based EV startup Kazam is charging full speed ahead! Fresh off a new $6.2 million Series B funding round led by the International Finance Corporation (IFC), alongside top investors Vertex Ventures and Avaana Capital, Kazam is gearing up to revolutionize the electric vehicle charging ecosystem in India and beyond. What Is Kazam? The Brain Behind Smarter EV Charging Founded in 2020 by…
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BusinessStartup

This EV Charging Startup Just Scored $3 Million from Nikhil Kamath — What Are They Building That Everyone Wants?

Nikhil Kamath Bets Big on EV Future with $3M Investment in Charging Startup IPEC In a major boost to India’s EV infrastructure game, Bengaluru-based startup IPEC has just landed a $3 million investment from Gruhas, the investment firm co-founded by Nikhil Kamath (of Zerodha fame) and Abhijeet Pai. The deal has sent ripples across the clean tech space — and for good reason. IPEC isn’t your…
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BusinessNews

bp Ventures Invests $9 Million in Zingbus to Accelerate India’s Shift to Electric Intercity Buses

Introduction: Zingbus, an innovative platform for intercity bus travel in India, has secured a significant investment of $9 million in its Series A funding round from bp Ventures, the investment arm of the global energy giant BP. This investment will help Zingbus expand its operations and speed up the transition to electric buses, revolutionizing the way India travels between cities. Founded in…
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BusinessNewsStartup

Ola Electric Delays Car Project to Focus on E-Scooters and Battery Production Amid IPO Plans

Ola Electric, the SoftBank-backed electric vehicle manufacturer, has announced a suspension of its electric car project for at least two years. This strategic shift aims to prioritize the company’s core business of electric scooters and bikes, alongside battery production. Project Suspension: Ola Electric has decided to delay its ambitious electric car project, which was initially set to…
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