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Homegrown EV mobility solutions provider Magenta Mobility raises $40 mn

Homegrown EV charging and mobility solutions company Magenta Mobility has raised $40 million in its Series B funding in a mix of equity and debt, the media reported.Backed by Microsoft's global startup programme, the company closed $20 million . ....

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Union Budget 2023 Growth Oriented But Needed More Specifics For the EV Sector: Experts

The Union Budget 2023 came at an important juncture when India has taken a significant step forward in EV adoption and manufacturing ....

Amit Gupta , Arpit Agarwal , Arjun Sinha Roy , Nirmala Sitharaman , Nitin Gadkari , Saurav Goyal , Maxson Lewis , Amitabh Saran , Altigreen Propulsion Lab , Ather Energy , Green Credit Programme , Union Budget , Priority Sector , Viability Gap Funding , Major Boost To The , Priority Sector Lending , Make In India , Production Linked Incentive , Ola Electric , Altigreen Propulsion , Magenta Mobility , Metastable Materials , Battery Waste Management Rules , Union Transport Minister Nitin Gadkari , Economic Survey , Blume Ventures ,

Magenta to invest Rs 250 cr in Tamil Nadu to set up charging infra for EVs

The investment will be mainly for R&D, manufacturing all cutting-edge technologies and a broader set of choices in the e-mobility segment. ....

Tamil Nadu , Maxson Lewis , Microsoft Startup Program , Chief Minister , Tamil Nadu Investment Conclave , Managing Director , Magenta Chargegrid , Magenta Mobility , Microsoft Startup , Mk Stalin , State Government ,