Opportunity India Desk

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 ...

PURE EV has launched an Electric Vehicle (EV) Exchange Program, aimed at promoting the adoption of electric vehicles (EVs) across the nation. The initiative, designed to promote the transition from traditional internal combustion engine (ICE) two-wheelers to electric alternatives, has garnered substantial attention, drawing participation from over a thousand individuals. The ...

Omega Seiki has recently announced a strategic collaboration with ReadyAssist to roll out a comprehensive roadside assistance program for Omega Seiki's three-wheelers. In the inaugural phase, ReadyAssist's Roadside Assistance (RSA) initiative is set to cover all currently deployed Omega Seiki Mobility (OSM) vehicles. As the partnership progresses into its second year, a retail subscription plan ...

A month subsequent to the Reserve Bank of India's (RBI) announcement of stricter regulations governing credit to non-banking financial companies (NBFCs), the borrowing costs for these entities have surged significantly. Simultaneously, banks are also experiencing heightened expenses for funds amid tight liquidity conditions within the banking system. Data from the Clearing ...

Bengaluru-based energy-tech startup, Exponent Energy, has raised USD 26.4 million in its recent Series B funding round, headed by Eight Roads Ventures. This financing effort also saw a contribution from TDK Ventures, alongside continued support from existing investors such as Lightspeed, YourNest VC, 3one4 Capital, AdvantEdge VC, and the family office of Dr ...

Google is set to make a strategic investment in digital payments, aiming to strengthen the micro, small, and medium enterprise (MSME) market in India, according to Sanjay Gupta, the country head and Vice President of Google India. Beyond payments, Google aims to enhance India's MSME potential through initiatives focused on financial ...