EV & Mobility

In December he sold ₹324 crore of shares specifically to clear a promoter loan and release every pledge. Ten months later the pledge is back.

Three months after a ₹780 crore QIP, and with ₹350 crore of this going to repay debt. The promoter may pledge shares to take up his entitlement.

The round takes disclosed funding to $151 million since August 2025. FY25 revenue was ₹32.3 crore on 547 vehicles, which tells you what is actually being funded.

A Hyderabad company making onboard chargers for two-wheelers, three-wheelers and e-tractors. It wants ₹60 crore of annualised revenue by March 2027 on a $2 million seed.

Khosrowshahi framed the cuts around management layers and coordination roles, not AI efficiency. Fully remote roles drop to about 1 per cent of the workforce.

Electric two-wheeler registrations dropped 16.2 per cent to 1.72 lakh units, a second straight monthly fall. The purchase subsidy was halved this month, and the market noticed.

Magna already owned 51% of Yuma. This round takes its total investment to $87 million, raises its stake further, and dilutes Yulu — which is also Yuma's biggest customer.

Ford Business Solutions will recruit around 500 people next year for AI, data and connected-vehicle roles. Its India centre already employs more than 12,000.

The heavy industries ministry has sanctioned a second straight year of auto PLI money for Ola Electric. Its June-quarter revenue was still 45 per cent below a year earlier.

The 36-year-old already runs JSW Cement and JSW Paints. Automobiles are a harder problem than either, and he is now running three parallel bets on them.

Serbia's Šabac facility is the manufacturing end of a Minth–AgiBot partnership. Stated capacity on full build-out is 20,000 humanoid robots and robot dogs a year.

The battery-swapping startup raised ₹185.5 crore from existing investors at an estimated $430 million, below its mid-2025 mark, as it prepares to file draft IPO papers. Its FY26 revenue rose 44%.

The Bengaluru EV mobility platform has raised $63 million in equity and $30 million in debt as quick-commerce demand lifts its fleet. The round is reported to value it at around $170 million, and its strategic backers sat out.

The Bengaluru startup's first scooter arrives in three variants priced from ₹1,09,999, built around an AI and IoT platform it calls the COMMANDCENTER. Its range and performance figures are company-stated.

The parking-tech firm's board has cleared ₹40 crore in Series A3 preference shares from existing backer IvyCap Ventures. The raise has not yet closed, and the terms leave the company's valuation broadly unchanged from its previous round.

River Mobility has raised $120 million in a Series C led by Elev8 and Claypond Capital, its first major backing from Indian institutional investors

Ather Energy's operating revenue rose 89% year-on-year to ₹1,217 crore in Q1 FY27 and its loss narrowed to ₹51 crore. Expenses were almost flat against the previous quarter.

The electric commercial vehicle maker takes capital from a securities firm, a family office and two individuals. It was reported this month to be seeking ₹125 crore ahead of a listing.

Co-led by India Accelerator and the Haldiram Family Office, the fresh capital injection will fund fleet expansion and proprietary tech stacks, highlighting an investment shift toward localized asset utilization in urban transit.

By delivering a 15-minute full charge using standard lithium-ion cells, the Bengaluru-based startup is aggressively unblocking the core operational bottleneck for commercial fleet operators.

A viral encounter with a corporate tech professional operating a bike taxi highlights how escalating fixed costs are outpacing standard middle-management salary growth in primary technology hubs.

The 56 percent oversubscription of the placement signals strong public market conviction in Bhavish Aggarwal’s vertical integration strategy, particularly the localization of battery cell manufacturing.

The Bengaluru-based electric vehicle startup will use the fresh capital to aggressively ramp up its manufacturing capacity from 3,000 to 15,000 units per month as it sets the stage for a public listing in 2028.

By rejecting a standard corporate package to drive and scale his own fleet of five cars, this entrepreneur highlights a growing shift toward asset-backed micro-businesses in the ride-hailing sector.

By setting up a dedicated insurance entity, the electric two-wheeler manufacturer is looking to capitalize on proprietary fleet telemetry to offer highly customized risk pricing.

Just days before its Q4 disclosures, the EV manufacturer is funneling heavy capital into vertical integration to protect its margins against intensifying competition from legacy auto rivals.

Valued at $3 billion, the mobility platform is executing a broader $730 million financing strategy to dominate fragmented markets and build a supply-led economic engine outside major metros.

The commercial EV startup also secured an additional ₹250 crore in debt financing to expand its product line, boost production to 2,000 units per month, and scale its presence across 100 Indian cities.

The Bengaluru-based deep-tech startup bags Rs 182 crore in an extended round, underscoring strong investor conviction in proprietary hardware that solves the ultimate commercial EV bottleneck: charging downtime.