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News on Medial
Mahindra Group's homegrown tractor brand launches new range with MS Dhoni
Livemint
·
1y ago
Medial
Indian tractor manufacturer Swaraj, a division of Mahindra & Mahindra (M&M), has launched a new range of tractors featuring advanced features and technology aimed at improving mechanization in Indian agriculture. The new products, available at Swaraj dealerships across India, come with prices starting at INR 6.9 lakh for the base variant and INR 9.95 lakh for the top-end model, with attractive financing options and a six-year warranty. The range is part of a strategy to strengthen Swaraj's presence in the 40-50 HP tractor segment, which accounts for nearly half of the domestic tractor industry's sales.
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MS Dhoni-backed Garuda Aerospace launches Droni consumer drone
Economic Times
·
1y ago
Medial
Chennai-based company Garuda Aerospace, backed by cricketer MS Dhoni, has launched a consumer drone called "Droni" on Amazon and the social media handles of Dhoni and the Chennai Super Kings cricket team. Priced at Rs 85,000, the drone is designed for convenience and quality, and it strengthens the partnership between Garuda Aerospace and Dhoni. The compact, foldable quadcopter nano drone weighs under 250 grams and has a 48 MP camera with a wide-angle lens. India has over 7 lakh consumer drones, with the majority originating from China.
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Startup news and updates: Daily roundup (October 4, 2024)
YourStory
·
10m ago
Medial
- Turbostart invests $1 million in AI Health Highway as part of its pre-Series A funding round. - Takuro Takeuchi appointed as the new Chief Representative of JICA India. - MS Dhoni continues as the brand ambassador for Garuda Aerospace. - Groww Creditserv receives a stable A/A1 rating from ICRA. - Garuda Aerospace forms international partnerships with Thales, Agrowing, and Spirit Aeronautics.
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MSD backed Garuda Aerospace raises ₹100 cr, hits $250 mn valuation
Inshorts
·
3m ago
Medial
Chennai-based Garuda Aerospace secured ₹100 crore in Series B funding led by Venture Catalysts, boosting its valuation to $250 million. Founded by Agnishwar Jayaprakash, the drone innovator plans to expand IP assets, launch a new design hub, and strengthen indigenous UAV capabilities. With MS Dhoni as brand ambassador, Garuda aims to impact one billion lives through drone technology.
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MS Dhoni Tops Up Bet On Drone Startup Garuda Aerospace
Inc42
·
10m ago
Medial
- MS Dhoni has invested in Chennai-based drone startup Garuda Aerospace - Dhoni is the brand ambassador for Garuda Aerospace - Garuda Aerospace has a vision to make India a global drone hub by 2030 - The startup secured $22 million in Series A funding recently - Garuda Aerospace aims to sell 25,000 drones in the next 18 months - The company plans to export 10,000 drones to about 100 countries
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Thala approved: MS Dhoni backs House of Biryan to take personalised biryani global
YourStory
·
10h ago
Medial
MS Dhoni has invested in House of Biryan (HOB), a cloud kitchen brand offering customizable biryani through its "Meri Wali Biryani" concept. Founded in 2022, HOB operates over 20 kitchens in Mumbai, Delhi, and Dubai. With Dhoni's support, the company aims to expand globally to 120+ kitchens in markets like Australia, Japan, and North America, targeting a revenue of Rs 450-550 crore within three years. HOB was co-founded by Mohammed K. Bhol and Chef Mikhail Shahani.
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Flipkart-owned Cleartrip announces its new captain, onboards MS Dhoni as brand ambassador
IndianStartupNews
·
1y ago
Medial
Cleartrip, the travel ticket booking platform owned by Flipkart, has announced cricketer Mahendra Singh Dhoni as its new brand ambassador. The appointment is aimed at enhancing Cleartrip's brand ethos of transparency and straightforwardness, as well as expanding its customer base. Dhoni's association with Cleartrip is part of the company's 'ClearChoice' campaign, which aims to simplify decision-making in travel. With Dhoni's universal appeal, Cleartrip hopes to become the go-to travel companion for a diverse range of travellers and reinforce its position as a trusted travel partner.
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Garena’s Free Fire poised to return to India with localized features
Entrackr
·
1y ago
Medial
Singapore-based game developer Garena, the digital entertainment arm of Sea Group, is relaunching its popular Free Fire game in India as "Free Fire India." The game was banned in India along with 53 other mobile apps in 2020. The rebranded version will be available for download on September 5 and features local cloud hosting by Yotta, safety features, and content tailored for Indian users. Garena has partnered with cricketer MS Dhoni as a brand ambassador for the game. Garena's move follows Krafton's relaunch of Battlegrounds Mobile India (BGMI) after the PUBG ban.
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MS Dhoni backs electric cycle maker EMotorad
Entrackr
·
1y ago
Medial
Electric cycles maker EMotorad has raised an undisclosed amount in a new round from Indian cricketer Mahendra Singh Dhoni. Post investment, Dhoni will have equity ownership in EMotorad and will also become brand ambassador for the company. Earlier to this round, the startup had raised $20 million in a Series B round led by Panthera Growth Partners in November 2023. Founded in 2020 by Kunal Gupta, Rajib Gangopadhyay, Aditya Oza and Sumedh Battewar, EMotorad operates a network of over 350 dealers across India and over 10 experience centres. The company claims that it is sourcing approximately 70% of the components locally, and has sold over 80,000 electric cycles in the last three years. It further aims to expand to 100,000 electric cycles by FY25 globally. EMotorad competes with TrottleMotors, eLIFE, Motovolt, and Yulu, among several others. MS Dhoni’s investments include Garuda Aerospace, Rigi, Tagda Raho, Khatabook, Cars24.
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Can bring in a hybrid in a ’reasonable’ time frame if market demands: M&M’s Anish Shah | Mint
Livemint
·
1y ago
Medial
Mahindra & Mahindra (M&M) is confident in its ability to bring a hybrid SUV to market in a reasonable timeframe and expects a strong demand for its upcoming electric vehicle range. The company's CEO, Anish Shah, stated that M&M can meet consumer demand for hybrids or other powertrains if needed. Shah's comments come amid a renewed interest in hybrid vehicles in India following a government directive on road-tax waiver. M&M reported a 20% YoY increase in operational profit for Q1, with market share gains and strong volume growth in its SUV, light commercial vehicle, and tractor segments.
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Rezolv, Deciml, six others get funding; Dhoni bats for SILA
VCCircle
·
5m ago
Medial
Rezolv and Deciml are among several startups securing funding to drive growth and innovation. Rezolv, founded by Kissht's co-founders, raised $3.5 million for advancing its AI-powered collections ecosystem. Cricketer MS Dhoni invested in SILA, a real estate platform aiming for an IPO. Deciml received $3 million to expand its round-up investing app. Other startups like DotMe, FluxGen, and NapTapGo also garnered investments to enhance their operations and expand into new markets.
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