Zoomcar
TMT
VC-backed truck rental startup Porter to merge with Mahindra's SmartShift
Mahindra and Mahindra will merge its on-demand logistics platform connecting cargo owners and transporters, SmartShift, with truck rental startup Porter, ......
TMT
Mahindra to buy 23% stake in smart car solutions startup CarSense
Mahindra & Mahindra Ltd has agreed to buy a 22.9% stake in Carnot Technologies, which owns and operates smart car ......
TMT
Mahindra & Mahindra leads $40 mn Series C round in car rental startup Zoomcar
Automotive major Mahindra & Mahindra Ltd has picked up a 16% stake in self-drive car rental startup Zoomcar for $27.6 ......
TMT
VCC Startups Weekly Wrap: Rivigo to enter unicorn club; Zoomcar to sign $50-mn deal
Unicorns – the newest and oldest – continue to make headlines. The biggest newsmaker of the week was online logistics ......
People
Zoomcar promotes finance controller Tarun Jain to CFO
Self-drive car rental company Zoomcar has promoted its finance controller Tarun Jain to the post of chief financial officer (CFO), ......
Manufacturing
TVS Motor buys into electric two-wheeler startup Ultraviolette
TVS Motor Company Ltd has acquired a 14.78% stake in electric bike maker Ultraviolette Automotive Pvt. Ltd for Rs 5 ......
TMT
Ola to launch bicycle sharing, runs pilot on IIT Kanpur campus
Under its ambitious plan of covering a wide spectrum of transportation services, cab-aggregator Ola plans to launch bicycle sharing, and ......
TMT
Zoomcar in talks with Mahindra, others to raise $50 mn
Bengaluru-based self-drive car rental startup Zoomcar India Pvt. Ltd is in talks with both new and existing investors, including automobile ......
TMT
VCC Startups weekly wrap: Ebix buys Via; Paytm Payments Bank, Zoomcar make key hires
People movement was the highlight of the week gone by, with Paytm Payments Bank and self-drive car rental startup Zoomcar ......
People
Zoomcar appoints former Procter & Gamble exec as COO
Bangalore-based self-driven car rental startup Zoomcar has appointed former Procter & Gamble executive Sudhindra Reddy as its new chief operating ......
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