August 29th, 2019Last week, Blu Smart Mobility had claimed that it had raised a $2.2 million in an angel round from multiple investors, led by JITO Angel Network.
August 15th, 2018Bengaluru-based automated scooter rental startup Vogo has reportedly secured an amount of around $7 million (Rs 48 crore) in a Series A funding round. The latest round was led by ANI Technologies Pvt Ltd (Ola’s parent company) and Pawan Munjal (Hero MotoCorp chairman).
The other existing investors namely Matrix Partners India,...
April 18th, 2018While the German automotive leader Volkswagen Group has appointed a new CEO last week, rumors catering to the sale of its motorcycle owned brand Ducati are all buzzing around in the automobile market.
The Volkswagen Group which is a part of Porsche Automobil Holding SE has appointed Herbert Diess as its new CEO replacing Mathias...
April 1st, 2018India's largest two-wheeler company Hero MotoCorp has crossed the 75 lakh units sales mark in 2017-18 fiscal year. The automobile company has sold 66.6 lakh bikes and scooters in 2016-17, becoming the first company to achieve such milestone globally.
As per the press release, the automobile maker is now targeting 1 crore unit sales by...
October 27th, 2016Ather Energy, India’s first smart electric scooter startup has raised 205 Cr Series B funding from India's leading Bike Company Hero Motocorp. The startup will use this funding in engineering and production work for the S340 (Ather's first e-scooter model) and on ubiquitous charging infrastructure.
The startup has already raises...
