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Fintech platform ProsParity raises funds from BEENEXT, other investors

Fintech platform ProsParity on Thursday said that it raised $2 million in a pre-seed funding round from global institutional investors such as BEENEXT, Sparrow Capital, All In Capital, DeVC, and Huddle Ventures.Other investors such as Dr Ashish .

Startup news and updates: Daily roundup (May 23, 2024)

Prosparity Raises $2 Million Pre-Seed Funding Led By BEENEXT To Revolutionise Electric Vehicle Financing In India

EV Leasing: Prices can t dampen EV sales as it steps on leasing pedal, ET Auto

Leasing is becoming a key driver in electric vehicle (EV) sales in India, especially as the high upfront cost remains a barrier to adoption. Companies like Quiklyz, Ayvens, and Lithium Urban Technologies are witnessing significant growth in the EV leasing business. Fleet operators and logistics companies find leasing more economical than purchasing due to lower total cost of ownership and the ability to channel capital to other parts of their business. Leasing also offers flexibility and technology risk mitigation in the rapidly evolving EV industry.

EV leasing: Prices can t dampen EV sales as it steps on leasing pedal

Leasing is becoming a key driver in electric vehicle (EV) sales in India, especially as the high upfront cost remains a barrier to adoption. Companies like Quiklyz, Ayvens, and Lithium Urban Technologies are witnessing significant growth in the EV leasing business. Fleet operators and logistics companies find leasing more economical than purchasing due to lower total cost of ownership and the ability to channel capital to other parts of their business. Leasing also offers flexibility and technology risk mitigation in the rapidly evolving EV industry.

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