Insights

BLive Offers RunR Mobility EVs Through Multibrand Stores

Opportunity India Desk Sep 28, 2023 - 2 min read

BLive, a multi-brand EV platform on Thursday joined hands with RunR Mobility to introduce its revolutionary range of EVs to BLive EV stores across India, the company said in a press release. Gujarat-based RunR Mobility manufactures indigenous smart-electric scooters with swappable batteries. The company boasts a massive, cutting-edge 4.2-acre plant ...

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BMW Shifts To EV, Launches All new iX1 xDrive30 SUV

Opportunity India Desk Sep 28, 2023 - 2 min read

BMW on Thursday launched its much-awaited iX1 xDrive30 SUV to the Indian market which will be bought in India via Completely Built-up Unit (CBU). It will cost around INR 66.9 lakh (ex-showroom). The SUV is based on the popular BMW X1, which was not just the bestselling luxury SUV for the ...

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IDP Education, SBI Partner To Facilitate International Student Education Loans

Opportunity India Desk Sep 28, 2023 - 2 min read

IDP Education, the leader in international education services has signed an agreement with the State Bank of India (SBI) to assist students seeking education loans for their overseas studies. According to the partnership, two industry leaders combine their expertise and simplify the financing journey for aspiring students pursuing education abroad.

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Musashi, Delta Electronics, Toyota Tsusho Form JV For Electric Drive Unit For Two-Wheelers

Opportunity India Desk Sep 28, 2023 - 2 min read

Musashi Auto Parts India, a wholly-owned subsidiary of Musashi Seimitsu Industries, and a leading manufacturer of two and four-wheeler transmission components in India has joined hands with Delta Electronics and Toyota Tsusho Corporation to sell electric vehicles drive units for two-wheelers in the country. According this joint venture, the companies will ...

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Govt widens Angel Tax Ambit, Includes Foreign Investments In Startups

Opportunity India Desk Sep 27, 2023 - 3 min read

The Finance Ministry has issued the final rules pertaining to the valuation of the shares issued by unlisted startups to resident and non-resident investors under the new angel tax mechanism introduced in the Finance Act, 2023. The Central Board of Direct Taxes (CBDT) stated that the valuation of compulsorily convertible preference ...

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Franchise India Holdings Organises India EV Awards, Felicitates EV Contributors

Opportunity India Desk Sep 27, 2023 - 3 min read

Franchise India Holdings on Tuesday organised the India EV Awards at Pullman Hotel in New Delhi to felicitate emerging and well established companies which are into manufacturing of electric vehicles or its parts. The show was attended by various people from the entire ecosystem of the electric vehicles including, PorVent, Greenfuel ...

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Euler Motors Expands Retail Footprint; Eyes 25 Per Cent Market Share By 2024

Opportunity India Desk Sep 27, 2023 - 2 min read

Euler Motors, an electric vehicle company on Wednesday announced the opening of its first dealership, EcoEdge Enterprises in the Delhi-National Capital Region (NCR), bringing its total showrooms in the region to five. With this new addition, Euler Motors continues to cater to the growing demand for commercial EVs among the retail customers.

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What Is New National Policy And Scheme On R&D And Innovation For Pharma-Medtech Sector?

Opportunity India Desk Sep 27, 2023 - 4 min read

The Central Government has rolled out the national policy on research and development and innovation in the country’s pharma-medtech sector. An INR 5,000-crore Promotion of Research and Innovation in Pharma-MedTech sector (PRIP) scheme has also been introduced for the promotion of research and innovation in the sector. The scheme aims towards transforming India ...

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Raptee Raises USD 3 million To Increase The Manufacturing Facility

Opportunity India Desk Sep 27, 2023 - 3 min read

Raptee—a Chennai-based electric vehicle start-up has raised USD 3 million (Rs 25 crore) in Pre-Series A round led by deep-tech VC fund Bluehill Capital to increase the manufacturing facility, acquiring machinery, tooling for the soon-to-be-launched motorcycle, and scaling up the team. The start-up is planning to expand its team to 150 ...

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Youth Progress Lies In Optimism & Opportunities: PM

Opportunity India Desk Sep 27, 2023 - 3 min read

Prime Minister Narendra Modi on Tuesday said students should think big and that youth progress where there is optimism, opportunities and openness, at Bharat Mandapam in New Delhi. He was addressing a gathering at G20 University Connect Finale programme. Modi said, “There is no achievement that is beyond you or the ...

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