India’s electric vehicle (EV) story has so far been dominated by two-wheelers, e-rickshaws, and four-wheelers. But one Bengaluru-based startup believes the real sweet spot lies somewhere in between. iGoWise Mobility (iGo), an EV startup founded in 2020, has just raised ₹8.2 crore in fresh funding from ISB Angels and other investors to bring its bold vision to life.
And its flagship product—a…
MyPickup, a subscription-based electric mobility startup backed by Inflection Point Ventures (IPV), has announced that it is shutting down operations after three years of trying to redefine urban commuting. The company, which launched in February 2023 with a mission to offer predictable and affordable electric auto-rickshaw services, cited difficulties in achieving product-market fit (PMF) and a…
Bengaluru’s Oben Electric Doubles Down with Rs 50 Crore Funding Boost
Electric motorcycles are speeding into India’s future, and Oben Electric is leading the charge. The Bengaluru-based startup just raised Rs 50 crore in an extended Series A round, doubling its previous haul to Rs 100 crore and bringing total capital raised to a whopping Rs 200 crore.
With big new investors like Helios…
