Opportunity India Desk

Zen Mobility, an Electric Vehicle OEM on Thursday announced the commencement of deliveries for its highly anticipated Zen Micro Pod. Scheduled to commence in the fourth week of October 2023, this purpose-built cargo three-wheeler Light Electric Vehicle (LEV) has garnered considerable anticipation within the market. The Zen Micro Pod marks a ...

Quality Care India Limited (QCIL), a hospital platform owned by private equity fund Blackstone, has entered into an agreement to acquire KIMS Health Management (KHML), a prominent hospital chain of Kerala. The deal values KHML at INR 3,300 crore (USD 400 million). QCIL, which operates the CARE Hospitals network, is jointly ...

The Ministry of Housing and Urban Affairs has reported procurement of goods and services worth INR 685 crore on the Government e-Marketplace (GeM) as of October 10 in the current fiscal year. The Ministry of Housing and Urban Affairs serves as the central agency responsible for overseeing national initiatives like the Pradhan Mantri ...

PMI Electro Mobility Solutions Pvt. Ltd on Wednesday announced that it has raised strategic investment of INR 250 cr from Piramal Alternatives, the fund management business of the Piramal Group to bolster its green mobility initiatives. The investment has been made through the Performing Credit Fund (PCF), a sector-agnostic fund of Piramal Alternatives that caters ...

Belagavi-based start-up RIVOT Motors has launched electric two-wheeler vehicles with a range of up to 280 km on a single charge. All models are upgradable to a charging capacity of running the engine to 300 km, the company said. The three variants of the scooters were unveiled at the Karnataka Trade ...

The Asian Development Bank has emphasized providing policy assistance and data support to micro, small, and medium enterprises (MSMEs) to enhance their capacity as drivers of economic growth. In the recently released report, the Asian Small and Medium-sized Enterprise Monitor 2023, the ADB highlighted the significant contribution of the MSME sector in the ...