Page 5 - Rev Startups News Today

The startup will use the funding to expand operations, cater to the growing demand for its solutions, as well as to execute the company's 'go-to-market strategy,' besides the development of the integrated ecosystem to accelerate the adoption of eCVs.

Madhumita Agrawal and with her husband, Dinkar Agrawal, founded EV startup OBEN, which aims to develop a unique made in India electric scooter with innovations focused on improving customer comfort and experience.

After completing her engineering in biotechnology from Biju Patnaik Technological Institute in Odisha, Madhumita Agrawal enrolled for a law programme at IIT-Kharagpur. This changed her entire outlook and took her on the path to entrepreneurship. “The programme was designed for engineers or those with a technical background. It helped us specialise in intellectual property and patents. Also, the IP system was picking up at that time with a lot of push from the government. Technology and innov...

[Funding alert] EV startup Euler Motors raises an additional $2.6M in Series A round Euler Motors has become the first EV company, globally, to raise funds from ADB Ventures, and closed its Series A funding round at $9.5 million. 0 claps Share on Euler Motors, an OEM focused on electric commercial vehicles (EVs), has closed its Series A funding round at $9.5 million, with additional investments of $2.6 million raised from new investor ADB Ventures — the venture investing arm of Asian Develo...

How EV startup Earth Energy is focusing on Made in India products to disrupt the segment Determined to put a dent in Indian’s green mobility landscape, Mumbai-based EV startup Earth Energy is developing smart, affordable, and easily adoptable electric vehicles for consumers and businesses. 0 claps Since childhood, Rushi Shenghani has been passionate about designing and developing vehicles from scratch. Driven by a tremendous zeal towards the EV industry, Rushi began his current venture, E...

This Made in India EV battery maker recorded Rs 50 Cr turnover in 1 year Delhi-based iPower Battery’s energy solutions are popular among EV startups such as Okinawa, Crayon Motors, EbikeGo, Mobycy, Tunwal, Deltic etc as they are swappable, modular, and come with advanced tracking, geo-fencing, remote monitoring, etc. 0 claps When Elon Musk’s Teslaentered India and set up a subsidiary in January 2021, it was like a stamp of approval for the nation’s burgeoning electric vehicle (EV) indust...

Ola Electric today announced that it will deploy ABB robotics as one of its key partners for robotics and automation solutions for its mega-factory in India

[Funding alert] Noida-based EV startup Lohum raises $7M from Baring Private Equity Partners The funds raised by the Noida-based EV company will be utilised in expanding its manufacturing capabilities and overseas operations. 0 claps LohumCleantech Pvt Ltd raised $7 million in a round led by the investment firm, Baring Private Equity Partners India. Other investors who participated in the round include Talbros Automotive Components Ltd and a few others. According to a statement release...