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EV investment 2021: Indian EV industry records INR 25,045 crore investments in last seven months

EV investment 2021: Indian EV industry records INR 25,045 crore investments in last seven months
indiatimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiatimes.com Daily Mail and Mail on Sunday newspapers.

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Cardiologist Kiran Patel Funds Magenta EV With $15M Series A Round

Indian American serial entrepreneur, philanthropist and cardiologist Dr. Kiran C. Patel has committed over $15 million to Mumbai-based electrical vehicle charging solutions company Magenta EV Solutions as the company announced ....

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Magenta EV announces Rs 110 crore investment, to develop EV charging solutions

Magenta EV announces Rs 110 crore investment, to develop EV charging solutions
Magenta EV announces Rs 110 crore investment, to develop EV charging solutions
The latest round of Series-A funding will be used by Magenta to develop more EV charging solutions and grow an international footprint.
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UPDATED: May 22, 2021 16:20 IST
Magenta recently launched its streetlamp integrated EV charger, ChargeGrid FLARE, alongside ChargeGrid PRISMA, a residential EV charging solution for high-rises.
HIGHLIGHTS
This latest round of Series-A funding will be used to develop more EV charging solutions and grow an international footprint.
The company recently launched its streetlamp integrated EV charger, ChargeGrid FLARE, alongside ChargeGrid PRISMA, a residential EV charging solution for high-rises. ....

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Covid crushes e-commerce

In today s ETtech Morning Dispatch: E-commerce firms, including Flipkart and Amazon, feel the effects of Covid-19 second wave, as do mental health professionals. And is Bitcoin, the world s largest cryptocurrency, in a bear market now? ....

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HPCL & Shell-backed Magenta EV Solutions closes Series A round from Florida-based billionaire Kiran C Patel

HPCL & Shell-backed Magenta EV Solutions closes Series A round from Florida-based billionaire Kiran C Patel
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HPCL & Shell-backed Magenta EV Solutions closes Series A round from Florida-based billionaire Kiran C PatelET Bureau
Last Updated: May 21, 2021, 10:37 AM IST
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Synopsis
Seed funded by HPCL & incubated by Shell, ChargeGrid is also backed by the Microsoft Startup Program to further boost its advanced technology platform. Currently operating in 10+ cities, ChargeGrid has signed multiple high-value customer contracts and continues to rapidly expand with many new contracts signed in just the last 3 months.
Reuters
Magenta aims to smart-charge 30% of all Indian EVs amounting to 3000 GW.hr of power annually by 2030. ....

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