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EV startup Zypp plans to raise $50 million over five yearsBy : Sustainability ..., Apr 13, 2020
Gurugram-based electric vehicle startup Zypp is planning to raise around $50 million over the next five years to expand operations. The company, that currently provides electric scooters on rent to consumers mostly in the NCR, is looking at raising $12 million over the next 6... Read more.. |
Blue Planet raises US$25 million from NomuraBy : Sustainability ..., Mar 26, 2020
Singapore-headquartered Blue Planet Environmental Solutions Pte Ltd (Blue Planet) today announced it has raised US$25 million from Nomura, Asia’s global investment bank. This strategic engagement by Nomura’s Loans and Principal Investments Area in Asia ex-Japan will help Blue... Read more.. |
ZunRoof Bags $3 Mn From Godrej For IoT-Based Solar RooftopsBy : Sustainability ..., Mar 17, 2020
Gurugram-based cleantech startup ZunRoof has raised $3 Mn in its Series A funding round from real estate and consumer goods conglomerate Godrej’s investment arm — Godrej investment office. ZunRoof founder and CEO Pranesh Chaudhary told Inc42 that the funding will be used to... Read more.. |
Hero MotoCorp's Pawan Munjal invests $1 million in Ola Electric MobilityBy : Sustainability ..., Mar 16, 2020
Pawan Munjal, the chairman and managing director of Hero MotoCorp, has invested about $1 million in Ola Electric Mobility through his family trust. Hero MotoCorp, which sells one of every two motorcycles locally, said recently it would spend Rs 10,000 crore on alternative... Read more.. |
IIT-Kgp's ''Deshla'' e-vehicle project gets funding for buildingBy : Sustainability ..., Mar 16, 2020
The IIT Kharagpur''s ''Deshla'' electric vehicle project has secured funding from a leading trusteeship firm for developing aerodynamic body panel design of a next-generation electric three-wheeler. The lightweight structure will enable the electric vehicles to achieve a peak... Read more.. |
Govt invites Germany’s state-run KfW to fund transmission projectsBy : Sustainability ..., Feb 20, 2020
Indian government representatives on Wednesday met representatives of Germany’s state-run bank KfW to discuss the financing of new transmission projects being built across the country for upcoming renewable energy projects. KfW has already promised to loan 500 million euros... Read more.. |
Farm sector booster dose through Kusum scheme for solar pumpsBy : Sustainability ..., Feb 17, 2020
The UP government is likely to lend a budgetary push to the ambitious PM Kisan Urja Suraksha evam Utthan Mahaabhiyan (PM-Kusum) scheme envisaging solarisation of agricultural pumps up to a capacity of 7.5 horse power. Power officials confirmed that the energy department would... Read more.. |
Ather Energy to look beyond 2-wheelers in 5 yearsBy : Sustainability ..., Feb 13, 2020
Bengaluru-based electric scooter manufacturing start-up Ather Energy is considering expanding beyond the two-wheeler space that it currently operates in, in the next 4-5 years, said the company’s co-founder and chief executive officer, Tarun Mehta. It is looking at raising... Read more.. |
Bengaluru-based bike rental start-up Bounce raises over $100 million in fundingBy : Sustainability ..., Jan 24, 2020
Bengaluru-based start-up Bounce, on Thursday, announced that it had raised an additional $105 million (₹746.33 crore) in its Series-D funding round. The funding was co-led by existing investors Eduardo Saverin from B Capital and Accel Partners India, TechCrunch reported. The... Read more.. |
Electric vehicles maker Pi Beam raises bridge funding from GAILBy : Sustainability ..., Dec 11, 2019
Pi Beam Labs Pvt. Ltd, which builds affordable electric utility vehicles, has raised Rs 5 crore ($705,000 at current exchange rate) in a bridge funding round from state-owned natural gas distribution company GAIL (India) Ltd, according to reports. The company, which was... Read more.. |