Stay updated with breaking news from Rohit Vadera. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Pure EV leverages its robust R&D capabilities to produce battery packs and vehicles in-house, boasting of a portfolio of 120+ IP filings. The company offers a diverse range of products in motorcycles and scooters, and has sold over 70,000 vehicles through a network of 140+ outlets, the company said.
Pure Ev: Bennett Coleman and Company Limited, is in the final stages of raising Series A! funding round of USD 25 million from foreign institutional investors, and in discussion to raise Series A2 round of USD 15 million.
The funding was led by Bennett Coleman and Company Ltd, Hindustan Times Media Ventures, alongside Ushodaya Enterprises Pvt Ltd, existing investors and high net-worth individuals, Pure EV said in a statement.
The Hyderabad-based company said it is currently in the final stage of concluding its Series A1 funding round, amounting to USD 25 million with the participation of a foreign institutional investor.
Bandhan Bank’s total business grows by 17% Bandhan Bank announced a 17% growth in total business, reaching Rs. 2.33 lakh crore by December 31, 2023. The bank's retail deposits now constitute 71% of total deposits, demonstrating a strong retail presence. Expansion efforts included the opening of