Opportunity India Desk

Internovo Ventures, a collaboration between Interface Ventures and Novostack, has unveiled its cutting-edge fintech platform, Indibook, to streamline record-keeping, accounting, and lending for small businesses. Following the acquisition of Mera Cashier in February 2023, Internovo Ventures has undergone a comprehensive overhaul of the platform's UI/UX, functionality, and features, reintroducing it as Indibook. The ...

U GRO Capital, a DataTech Non-Banking Financial Company (NBFC) specializing in micro, small, and medium enterprises (MSME) lending, has secured USD 30 million (around INR 250 crore) through the issuance of Non-Convertible Debentures (NCDs). The funding came from FMO, the Dutch entrepreneurial development bank, which fully subscribed to the INR-denominated NCDs.

In the upcoming fiscal year, the share of electric buses (e-buses) in new bus sales in India is anticipated to double to approximately 8 per cent, a notable increase from the current 4 per cent, as projected by CRISIL. This surge is attributed to two key factors: the Central Government's efforts to decarbonize ...

Meta, the parent company of Facebook, and Open Network for Digital Commerce (ONDC) have jointly taken up the initiative to empower small businesses in harnessing the potential of digital commerce. The initiative aims to educate and enable small businesses to create seamless conversational experiences for both buyers and sellers on WhatsApp, leveraging a ...

The Ministry of Heavy Industries has granted a subsidy amounting to INR 5,294 crore to electric vehicle manufacturers. The initiative is part of the second phase of the 'Faster Adoption and Manufacturing of (Hybrid &) Electric Vehicles in India' program. According to a statement by Minister of State for Heavy Industries, Krishan Pal ...

GoMechanic has announced its latest initiative, ‘Electric Vehicle Services’, catering to India's key fleet operators in the electric vehicle (EV) sector. As part of its expansive strategy, GoMechanic is broadening its service portfolio from Internal Combustion Engine (ICE) vehicles to Electric Vehicles, collaborating with leading industry fleet leaders. In the upcoming ...