Articles for Allied Sectors

What Happens When A Car Enters The Metaverse?

Present-day customers, especially GenZ, seek a powerful, best-of-industry virtual experience throughout the buying journey and across all touch points. Metaverse brings a new and immersive way of car promotion and sales.

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Mahindra Logistics To Acquire Rivigo’s B2B Express Business

Under the terms of the agreement, MLL will acquire the express business through a Business Transfer Agreement (BTA), including the customers, team and assets of RPSL’s B2B express business, RSPL’s technology platform and the Rivigo brand.

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Renon Launches A Swappable Battery Pack For Low & Medium Speed E2W

Groot, the new pack has a nominal voltage of 57.6 V and rated energy of 2.04 kWh. It is also water and dust-resistant, with an IP-67 rating.

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Hero Lectro Introduces Three New E-Cycle Variants; Price Starts At Rs. 32,999

As electric cycles become more mainstream in India, Hero Lectro’s commuter series introduces high-power removable batteries that offer the convenience of charging anywhere in under 4 hours.

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EV Startup Esmito Raises Rs. 10 Crore In Seed Round

The company says that the funds raised will primarily be used for the expansion of swapping solutions and further strengthening the technology team to bring out new products.

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Altigreen Open Its First Retail Dealership In Bengaluru

With the launch of this retail dealership, Altigreen is focussing on providing its consumers an enhanced and never-seen-before experience with world-class and modern infrastructure.

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Automotive Parts Manufacturer Mahle Appoints New CEO & CFO

Arnd Franz to be CEO and Chairman of the Management Board of the MAHLE Group with effect from November 1, 2022. Markus Kapaun to be a Member of the Group Management Board responsible for Finance (CFO) with effect from November 1, 2022. Kapaun succeeds Michael Frick.

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Parking Solution Start-up ParkMate Raises Undisclosed Funding

The company plans to exhaust funds in expanding its team and acquiring talent under different profiles. It also intends to use a part of the fresh investment in strengthening the technology backbone of the solution.

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