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News and Trends

Macquarie Group Drives In USD 1.5 bn EV Fleet Electrification Play

The end-to-end solutions platform will have 6,000-7,000 electric buses and 2,000 electric cars on board.

News and Trends

Lighthouse Canton Launches LC GenInnov Global Innovation Fund

The fund intends to invest in approximately 30–40 companies, classifying investments according to criteria such as innovation, scalability, profitability, market expansion potential, and valuation.

News and Trends

Venture Catalysts Leads USD 1 million Bridge Funding Round for BluWheelz

Operating in 18 cities with a comprehensive fleet solution covering 2-wheelers, 3-wheelers, and 4-wheelers, BluWheelz distinguishes itself from competitors with plans to integrate 6-wheelers, pioneering EV fleet as a service in the country.

News and Trends

Log9 Announces Amphion, A Holistic EV Asset Management Play

Besides the unveiling of Amphion, Log9 also launched its pioneering battery pack designed especially for commercial EVs, NexMile.

News and Trends

Dhruva Space Secures USD 9 Mn Funding from IAN Alpha Fund, Technology Development Board, and Others

The Hyderabad-based platform aims to deploy the raised funds for upcoming spacecraft manufacturing facilities, strategic business acquisitions, and enhancing product offerings.

News and Trends

Bajaj Auto Net Profit Up By 18%

Net profit stood at INR 2,011.43 crore for the fourth quarter of FY2023-24 compared with INR 1,704.74 crore reported during the same period last year