In Short : British International Investment is dedicating $25 million to support green projects in India. This commitment reflects a significant investment in environmentally sustainable initiatives, showcasing international support for India’s efforts to address climate change and promote green and sustainable development. In Detail : The fund’s climate finance strategy invests in three critical areas […]
Ratan Tata-Owned Electra EV Raises $25 Mn From GEF Capital – EQ Mag Pro
With this investment, GEF Capital has acquired a minority stake in the startup which provides powertrain solutions for electric vehicles Electra EV will use the fresh funds to expand its product offerings for three-wheelers, four-wheelers, agriculture and other allied segments The startup, promoted by Ratan Tata, plans to further enhance its design, testing, and prototyping, […]
EV ride-hailing platform BluSmart raises $25 mn, to add 5K electric cars – EQ Mag Pro
Electric ride-hailing service BluSmart on Tuesday announced it has raised $25 million as part of its extended Series A1 round. In total, the startup has raised $50.7 million as part of its Series A round. BluSmart said that its EV ride-hailing platform aims to add 5,000 electric cars and scale up its EV Superhubs across […]