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Fyn Mobility, an electric vehicle (EV) startup based in Bengaluru, has secured $2.5 million (approximately INR 21 crore) in an unannounced funding round. The investment was spearheaded by several prominent investors, including Vijay Kedia, founder of Kedia Capital; Lloyd Balajadia, promoter of the pharmaceutical company Lloyd Laboratories; and Rahul Bothra from Swiggy. The EV startup intends to utilize the newly acquired capital to expedite the expansion of its vehicle fleet, further develop its technology infrastructure, and broaden its operational reach.
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As Tesla gears up for its India debut, reports suggest the electric vehicle giant, led by Elon Musk, intends to establish an assembly plant in Satara, Maharashtra. This completely knocked down (CKD) facility would involve importing finished vehicle
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Exciting News in the EV Space! Bengaluru-based EV charging solutions startup IPEC has successfully raised $3 million in a funding round led by a venture capital firm co-founded by Zerodha’s Nikhil Kamath and Abhijeet Pai. With this fresh infusion of
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Biryani Blues, a popular biryani restaurant chain, has secured $5 million in a Pre-Series C funding round. The investment was spearheaded by Yugadi Capital, the new fund from Carpediem Capital. The company intends to use this new capital to fuel sign
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Foxconn & Mitsubishi Forge EV Alliance for Oceania Launch in 2026 Foxconn, renowned for assembling Apple’s iPhones, is venturing into electric vehicles (EVs) through its subsidiary, Foxtron Vehicle Technologies. The company has signed a memorandum o
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VinFast, the Vietnamese electric vehicle (EV) manufacturer and a rising rival to Tesla, is moving forward with plans to open its new plant in India by the end of June. The facility is part of VinFast's broader global expansion strategy as it aims t
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Honda Confirms New EV for India by FY2025-26 Honda Cars India has officially confirmed a brand-new electric vehicle (EV) for the Indian market, set to debut by March 2026. Contrary to speculation, this EV will not be based on the Elevate but will be
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India’s EV Ecosystem is Charging Ahead: Key Highlights You Shouldn’t Miss . . From stealthy launches to strategic partnerships and greener infrastructure, India’s EV landscape just had another power-packed week. Here’s a breakdown of the 7 most impo
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