Yulu Raises $93M Series C Led by GEF Capital
The round quadruples the electric-mobility platform's runway to build fleet — but a flat valuation and two absent strategic backers tell a more cautious story than the headline number.
Electric Vehicles
River Mobility raises $120 Mn Series C led by Elev8, Claypond
The electric two-wheeler maker's first major cheque from Indian institutional investors arrives four years after it launched with a single scooter model, taking its total capital raised to $188 million.
Ecofy Secures $15 Mn Debt from Mirova to Scale Solar and EV Loans
India's first green-only NBFC has raised debt from one of Europe's most active sustainable investment arms — the fourth such DFI bet on Ecofy in three years, and a sign that global climate capital is flowing with increasing confidence into India's distributed energy market.
Monarch Tractor, Reported Shut Down Last Week, Has Been Acquired by Caterpillar
Praveen Penmetsa built an AI tractor company on a vision born in a Hyderabad village. It raised $240 million, hit a $518 million valuation — and collapsed on April 3, 2026.
Why E-Scooters are the Future of Urban Mobility in India
Rising fuel costs, urban congestion, and supportive EV policies are accelerating the shift toward electric two-wheelers, making them a practical and cost-efficient choice for everyday city commuting in India.
TaskUs launches large-scale EV commute programme for employees in India
EV rollout begins in Gurugram with plans to electrify nearly half of the company’s Indian transportation fleet by end-2026
Tesla Not Keen on Indian Manufacturing, Minister HD Kumaraswamy Says
Tesla has no plans to manufacture cars in India, instead focusing on importing its electric vehicles into the country as the government finalizes its EV policy.
Tesla Sets Sights on India, Begins Hiring and Plans Showrooms in New Delhi and Mumbai
US President Donald Trump has expressed concerns over Tesla's potential plans to build a factory in India, stating that it would be "very unfair" to the US.
Bajaj Chetak Price and Features – Timeless Design, Electric Drive
The Bajaj Chetak price, combined with its low running costs, makes it an excellent choice for those seeking both style and sustainability.
Comedian Kunal Kamra Slams OLA CEO Bhavish Aggarwal Again, Company Faces Government Audit
On October 17, Kamra again took to X to take a jibe at the OLA CEO. On October 10, India's Ministry of Heavy Industries ordered an audit of OLA Electric's service centers.
Mompreneur builds $1.3 Bn school bus startup backed by AI and EV
Zum, a Redwood City, California-based startup valued at $1.3 billion, Founded in 2015 by Ritu Narayan to solve a big problem for working parents.
AutoFlight announces landmark commercial deal with EVFLY for 205 eVTOL aircraft
AutoFlight, Germany-based global eVTOL (electric Vertical Take Off and Landing) pioneer, on Thursday announced its partnership with Singapore-based EVFLY.