In an interview with Aggam Walia, Kumar, who is also CEO at Euler, talked about the company's journey thus far, the scope for alternative fuels for cargo carrying vehicles, technologies to improve electric vehicle (EV) battery longevity, and expectations from the government’s FAME subsidy.
Venture capital investments fell by nearly one-third this year as investors chose to keep their powder dry amid tough geopolitical and challenging macroeconomic conditions.
While the ..
Euler Motors Net Loss: The Delhi-based company reported a 250% on-year jump in revenue from operations to Rs 61.53 crore, according to its financial statements filed with the Registrar of Companies.
Euler Motors Investment Round: The round received the commitment from British International Investment (BII), the UK Government’s development finance institution and impact investor. BII is co-investing with Blume Ventures, in support of electric mobility and the green energy transition in India.