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Wardwizard and Ampvolts to develop EV charging Infrastructure globally

Ampvolts will also extend its Battery as a Service (BaaS) offerings to Wardwizard’s B2B clients, delivering innovative and comprehensive solutions to enhance business operations.Read more

Gulf Oil and Piaggio India renew lubricant partnership for commercial vehicles

The partnership will cover the full spectrum of lubricants, including advanced BS VI oils and new EV fluids, developed to meet the evolving needs of Piaggio India’s growing customer base.Read more

India’s EV charging infra demands for over $30 billion: IESA

The summit also received a demand from industry experts to accelerate EV adoption by increasing public and private sector funding in India’s rapidly growing fast charging ecosystem.Read more

NowPurchase completes first-ever ESOP buyback

The company recently secured $6 million in funding, raising its total funding to over $10 million. Read more

Bharat FIH shuts R&D and supply chain subsidiary amid revenue decline

In 2021, Bharat FIH had established two subsidiaries—Bharat Taiwan Corporation and Rising Stars Hi-Tech—to enhance research, product development, and engineering capabilities. Read more

Balu Forge and Swan Energy partner for railways, defence, and aerospace ventures

According to an exchange filing, BFIL will hold a 40% stake in the SPV, with SEL taking the remaining 60%. Read more

PG Electroplast enters electric vehicle manufacturing for Spiro Mobility

Spiro Mobility, which recently opened a Global Technology Office in Pune, India, is planning to develop green mobility solutions for the Indian market.Read more

Mahindra’s Thar ROXX, XUV 3XO, and XUV400 earn 5-Star Bharat-NCAP rating

Thar ROXX has made history by becoming the first body-on-frame SUV to secure a 5-star Bharat-NCAP rating, achieving the highest overall score by any ICE vehicle in Bharat-NCAP testing.Read more

Mushin Labs raises $250K in seed series round led by Inflection Point Ventures

Mushin Innovation Labs, a pioneering SaaS startup, is transforming the automotive manufacturing industry with its advanced digital solutions. Read more

India Resurgence Fund to acquire Anthea Aromatics for $125 million

IndiaRF, which raised its inaugural $629 million fund with contributions from the Canada Pension Plan Investment Board (CPPIB) and World Bank’s IFC, invests across industrial, infrastructure, and consumer sectors, focusing on revitalising companies through recapitalisation and operational reformsRead more

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