Lendingkart raises $10 mn via external commercial borrowing from BlueOrchard fund
The company will use the proceeds from the ECBs for onward lending activities for MSMEs, company said in a statement.
Source: moneycontrol.com
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Paytm Payments Bank's Mukund Barsagade joins Lendingkart as group CFO
Barsagade’s exit from PPBL comes almost a week after chief operating officer Surinder Chawla quit citing personal reasons and also to pursue 'better career prospects'
Source: moneycontrol.com
Ola Electric: Ola Electric sees record registrations in March; ends FY24 with 115% growth on year
IPO-bound Ola Electric retains its market leader tag with 328,785 units registered in FY24, the Vahan portal shows. The number has more than doubled from FY23 at 152,741. In the March quarter, the company saw 119,310 registrations, as against 84,133 units in the previous quarter.
Source: indiatimes.com
electric scooter: Ola Electric, TVS, Bajaj expand e-scooter market share amid overall rise in sales
Ola Electric, TVS Motors, and Bajaj expanded their market share in FY24. Ola led with 35% in non-transport electric two-wheelers. The overall sales grew 30% to 9,41,583 registrations.
Source: indiatimes.com
Apple tops in blue-collar jobs; election merchandise now on ecommerce
Apple and its supplier network have become Indias leading blue-collar job creator since the start of the production-linked incentive scheme. This and more in todays ETtech Top 5.
Source: indiatimes.com