🚀 Medial Secures Investment on Shark Tank India - Fueling the Future of Professional Social Networking. 🔥

Startup Showcase

Premium Content

Try our Valuation Calculator →

News on Medial

PURE ordered to pay ₹1.48 lakh as parked EV catches fire in K'taka

Inshorts · 11m ago

PURE ordered to pay ₹1.48 lakh as parked EV catches fire in K'taka

A Karnataka consumer court ordered PURE EV to pay ₹1.48 lakh for faulty battery to Mangala, whose two-wheeler caught fire while it was parked outside her house. Calling it unfair trade practice, the court said it's a "glaring example of manufacturing defects". Mangala had gotten the two-wheeler's battery replaced twice due to defects, following which her 1.5-year-old vehicle caught fire.

1

Related News

Hyderabad's EV startup PURE EV raises $8M led by BCCL, Hindustan Times, others

IndianStartupNews

IndianStartupNews · 1y ago

Hyderabad's EV startup PURE EV raises $8M led by BCCL, Hindustan Times, others

Hyderabad-based electric vehicle manufacturer PURE EV has secured $8 million in funding led by Bennett Coleman and Company Limited, Hindustan Times Media Ventures, and Ushodaya Enterprises Private Limited. The funding will support the company's expansion and innovation in the electric vehicle sector. PURE EV is also in discussions with potential investors for an additional $15 million in funding. The company plans to double its sales network and has introduced new electric motorcycles and an e-scooter with a range of over 200 kilometers. PURE EV aims to expand into the Middle East and African markets.

Pure EV Aims To Become India’s Second Listed EV Manufacturer, Targets INR 3,000 Cr IPO Next Year

Inc42 · 11m ago

Pure EV Aims To Become India’s Second Listed EV Manufacturer, Targets INR 3,000 Cr IPO Next Year

Pure EV, a Hyderabad-based startup, plans to achieve a turnover growth of 20 times over the next four years. The company is also preparing to introduce solid-state battery technology in fiscal year 2026, in collaboration with UK-based engineering firm PDSL. Pure EV currently holds a 7% market share in the electric vehicle sector at the regional transport office level.

PURE EV partners with BE Energy to launch battery reconditioning technology in India

YourStory

YourStory · 6m ago

PURE EV partners with BE Energy to launch battery reconditioning technology in India

Hyderabad-based electric two-wheeler manufacturer PURE EV has partnered with French climate-tech firm BE Energy to develop advanced lithium-ion battery reconditioning technology in India. This collaboration aims to reduce costs for EV owners and enhance sustainability by lowering the need for new batteries. The initiative supports India's 'Make in India' policy, with the first facility to be established in Hyderabad. The partnership underscores PURE EV's commitment to durability and BE Energy's focus on sustainability in the EV sector.

PURE EV Secures $8 Million In Funding, Nears Completion Of $25 Million Round

OutlookIndia

OutlookIndia · 1y ago

PURE EV Secures $8 Million In Funding, Nears Completion Of $25 Million Round

Indian electric vehicle (EV) manufacturer PURE EV has raised $8m in funding from investors including Bennett Coleman and Company Limited and Hindustan Times Media Ventures. The Hyderabad-based firm is also in talks with potential investors in Dubai, Hong Kong and Singapore for an additional $15m in funding. PURE EV, which produces 2-wheeler EVs and battery packs, plans to expand its sales network in India from 140 to 300 dealers in the next six months. The company has already sold over 70,000 vehicles and is looking to enter Middle Eastern and African markets.

SpiceJet passenger wins Rs 2 lakh damage for airline losing check-in bag containing his wife’s gold jewellery; Know how this husband won - The Economic Times

Economic Times

Economic Times · 1m ago

SpiceJet passenger wins Rs 2 lakh damage for airline losing check-in bag containing his wife’s gold jewellery; Know how this husband won - The Economic Times

The Delhi State Consumer Commission ordered SpiceJet to pay Rs 2 lakh to a passenger for losing his checked bag containing valuables in 2013. The airline's policy to compensate with Rs 3,000 was rejected as SpiceJet failed to prove the passenger was informed about the restriction on carrying valuables in checked baggage. The absence of clear terms led to the ruling in favor of the passenger, highlighting obligations under consumer protection laws.

Pure EV raises $8 million in funding

Economic Times

Economic Times · 1y ago

Pure EV raises $8 million in funding

Indian electric two-wheeler company, Pure EV, has raised $8 million in funding from investors including Bennett Coleman and Company Ltd and Hindustan Times Media Ventures. The company is also in the process of finalizing a Series A1 funding round of $25 million, with ongoing discussions for a Series A2 funding amounting to $15 million with potential investors from Dubai, Hong Kong, and Singapore. Pure EV plans to expand its sales network from 140 to 300 dealers in the next six months.

Gas or electric? Splitting the difference could energize Chinese automakers

Livemint

Livemint · 1y ago

Gas or electric? Splitting the difference could energize Chinese automakers

The growing popularity of plug-in hybrids (PHEVs) could impact companies and investors banking on rising demand for electric vehicle (EV) batteries. PHEV sales have outpaced pure EV sales, especially in China, where PHEVs now account for 42% of new-energy car sales. The appeal of PHEVs lies in their ability to save on fuel costs without range anxiety, as they offer the flexibility of using electricity or gasoline. Chinese automakers are also producing more affordable PHEV models with longer driving ranges, making them appealing in developing countries with inadequate charging infrastructure. However, PHEVs may cannibalize demand for pure EVs and pose potential challenges for battery manufacturers.

Air India ordered to pay ₹2 lakh to four passengers for multiple flight delays

Livemint

Livemint · 1y ago

Air India ordered to pay ₹2 lakh to four passengers for multiple flight delays

The National Consumer Disputes Redressal Commission (NCDRC) has ordered Air India to pay ₹2 lakh in compensation to four passengers whose flights were delayed in 2003. The NCDRC stated that Air India neglected its duty during cancellations or prolonged delays by failing to provide required services like hospitality, food, accommodation, and transport. The commission emphasized the airline's obligation to care for stranded passengers, particularly when they miss connecting flights. Air India was found guilty of deficiency in service and was directed to pay compensation and litigation costs.

Pure EV, three others raise early-stage funding

VCCircle

VCCircle · 1y ago

Pure EV, three others raise early-stage funding

Pure EV, QuiD, Basil, and Beyoung have successfully raised early-stage funding. Pure EV, an electric vehicle maker, received $8 million in funding, with plans to close its Series A1 round at $25 million. QuiD, a fintech startup, secured $602,443 for technological improvements and client engagement. Basil, a consumer brand, raised $433,758 to expand its product portfolio and reach. Lastly, Beyoung, a fashion brand, received undisclosed funding to expand its offline and online presence globally, with support from the Royal Office of Sheikh Tahnoon Bin Saeed Bin Tahnoon Al Nahyan.

Fire breaks out in BharatPe's Malviya Nagar warehouse

Money Control

Money Control · 2y ago

Fire breaks out in BharatPe's Malviya Nagar warehouse

A fire incident occurred at BharatPe's warehouse in Malviya Nagar. The startup, which provides financial services to merchants, experienced the fire outbreak, leading to damage and destruction of goods. The prompt response of the fire department helped in controlling the fire and preventing further damage. The incident highlights the challenges and risks associated with warehouse operations in the startup ecosystem. Swipe machines, soundboxes and other company material worth Rs 50 lakh damaged in fire

Trackers

Active Indian VC’s

OG Capital Email

With a hands-on approach, OG Capital aims to invest in over 20 promising...

Accel Partners Email

Early and growth-stage investments in disruptive technology companies with...

Early-stage venture capital firm investing in technology startups in India. Focus on...

Access All Trackers

Startup Showcase Winners

June 2025

Helping your parents when you are miles away

The Pit Stop Your Cravings Deserve

The next generation E-commerce platform

Enter Ongoing Startup Showcase

Top Users

Trending News on Medial

Download the medial app to read full posts, comements and news.