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Unicorn club round the corner for Ather as it looks to raise $95M in pre-IPO round

Unicorn club round the corner for Ather as it looks to raise $95M in pre-IPO round
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Zerodha Nikhil Kamath , Sachin Bansal , Ather Energy , Hero Motocorp , Ola Electric , Caladium Investment , Herald Square , Economic Times ,

India's electric two-wheeler sales hit a speed bump

In India’s bustling streets, where two-wheelers are seen as the primary mode of transportation, a powerful shift toward electrification is happening. Electric scooter sales have taken a hit, and the blame falls squarely on the recent reduction of government subsidies. In May, the Indian government revised its incentive scheme called Faster Adoption and Manufacturing of (Hybrid and) Electric Vehicles, commonly called FAME-II, and reduced subsidies to $122 (10,000 Indian rupees) per kWh of battery capacity, with a maximum cap of 15% of the ex-factory vehicle price. ....

Hong Kong , United Arab Emirates , United States , New Delhi , Abhik Mukherjee , Ravneets Phokela , Jagmeet Singh Techcrunch , Kunal Khattar , Kaushik Burman , Arpit Agarwal , Sohinder Gill , Ather Energy , Counterpoint Research Image , Similar To Ather Energy , Society Of Manufacturers Electric Vehicles , Dubai Al Futtaim Group , Ministry Of Heavy Industries , Counterpoint Research , Ather Energy Phokela , Image Credits , Jagmeet Singh , Heavy Industries , Tiger Global , Caladium Investment , Softbank Invested Ola Electric , Al Futtaim Group ,

Indian EV two-wheeler startup River raises $15M led by Dubai's Al Futtaim Group

River, an Indian EV startup that introduced its first two-wheeler in February, has raised $15 million in a funding round led by Dubai’s Al Futtaim Group. With… ....

Dubai Al Futtaim Group , Ather Energy , Edelweiss Backed Ola Electric , Tiger Global , Caladium Investment , Hero Motocorp , Reaking News ,

Aditya Birla Fashion and Retail Ltd - Ratings upgraded and reaffirmed, outlook revised to Stable from Positive

The long-term rating upgrade considers the significant improvement in the scale of operations of Aditya Birla Fashion and Retail Ltd and ICRA s expectation that business and financial risk profiles of ABFRL will continue to further strengthen over the nea ....

Retail Limited , Retail Ltd , Aditya Birla Group , Aditya Birla Fashion , Caladium Investment ,