New Delhi, Jan 14: Electric commercial vehicle startup EVage on Friday said it has raised USD 28 million (over Rs 205 crore) from US-based venture capital firm RedBlue Capital. The funding will allow EVage to complete its factory outside of Delhi in FY 2022-23 and scale up production, the company said. EVage supplies EV trucks to major delivery fleets, such as Amazon India’s delivery service partner. “The money would be essentially used for ironing out and developing the supply chain […]
The ED raided the premises of rebel AAP MLA from Punjab Sukhpal Singh Khaira, his family members in Delhi and some jailed convicts on Tuesday in a money-laundering case linked to the 2015 Fazilka narcotics trafficking case and a fake passport racket, officials said. The MLA, president of the Punjab Ekta Party founded by him in 2019, denied any wrongdoing as he briefly spoke to reporters, who had gathered outside his bungalow number 6 in Chandigarh s sector 5. The central agency searched a dozen locations Khaira s residence, nine places in Punjab and two in Delhi including the house of his son-in-law, Inderveer Singh Johal.