D2C footwear brand CHUPPS raises capital in pre-Series A round

Kaushiki Chatterjee for VCCircle reports Easy Spirit Enterprises Pvt. Ltd, which operates Chupps, said it has raised $1.5 million in its pre-series A funding round from Green Frontier Capital and other lead investors.

PressGreen Frontier CapitalMay 27, 2022Source: VCCircle, Chupps

CHUPPS raises $1.5 million in Pre-Series A round

Brandwagon Online for Financial Express reports direct-to-consumer, sustainable footwear brand CHUPPS has raised $1.5 million in Pre-Series A round from Green Frontier Capital.

PressGreen Frontier CapitalMay 26, 2022Source: Financial Express, Chupps

Ride-hailing service BluSmart closes Series A1 funding round, raises $25 mn

Business Standard reports BluSmart has closed a Series A1 round raising $25 million, a follow-up to a prior Series A round, bringing the total of its Series A investment to $50.7 million.

EV ride-hailing platform BluSmart raises $25 mn, to add 5K electric cars

IANS Agency for Economic Times reports BluSmart announced it has raised $25 million as part of its extended Series A1 round. In total, the startup has raised $50.7 million as part of its Series A round.

PressGreen Frontier CapitalMay 24, 2022Source: Economic Times, BluSmart

Skincare brand RAS Luxury Oils secures $2 mn pre-Series A funding from Sixth Sense Ventures

The Free Press Journal reports RAS will utilise this fresh infusion of capital to further deepen inroads into the luxury skincare market in India and overseas.

Hero Electric, RevFin Partner To Provide Loans To EV Riders Across India

BW Online Bureau for BW Disrupt report both companies have inked an agreement to jointly finance and lease 250,000 e2Ws over the next three years and collaborate with multiple e-commerce, logistics, and fleet operations companies.

PressGreen Frontier CapitalMay 17, 2022Source: BW Disrupt, Revfin

How to avail up to Rs 7,500 off on your e-cycle purchase in Delhi soon

Amber Banerjee writes: Recently Delhi’s Minister of Transport Kailash Gahlot announced a subsidy of Rs 5,500 each for the first 10,000 buyers of e-cycles in the capital city. An additional subsidy of Rs 2,000 is also being offered to the first 1,000 buyers of such e-cycles.

PressGreen Frontier CapitalApril 18, 2022Source: Times of India, Emotorad

Hero Electric partners with ElectricPe to set up charging points in India

Arushi Rawat for Financial Express reports the charging point network will be spread across offices, malls, residential complexes and other establishments to curb range anxiety issues faced by EV users.

Green Frontier CapitalApril 13, 2022ElectricPe, Source: Financial Express, Caption: Hero Electric

EMotorad pedals into global markets

Geeta Nair notes: Electric vehicle start-up EMotorad has dared to go where others would fear to tread, i.e. selling made-in-India electric bicycles in the extremely quality-conscious Japanese market.

PressGreen Frontier CapitalApril 10, 2022Source: Financial Express, Caption: Emotorad, Emotorad

BluSmart Mobility launches EV intercity rides from Delhi NCR to Chandigarh, Jaipur

The Express web desk reports electric ride-hailing platform BluSmart Mobility on Wednesday launched its first EV intercity rides from Delhi NCR to Chandigarh and Delhi NCR to Jaipur. The company said that it will offer MG ZS EV to its customers for these intercity rides.

E-bikes for a robust last-mile delivery solution

Sumedh Battewar – CBO and Co-Founder, EMotorad writes: Transportation of goods from a distribution hub to the final delivery destination — the door of the customer forms a critical part of any retail supply chain business. In the race to reach consumers, getting the last-mile delivery right is important.

PressGreen Frontier CapitalApril 4, 2022Source: Auto Components India, Emotorad

Battery Smart targets new customers and cities

Sricharan R reports that Battery Smart, a swapping network for electric two and three-wheelers, recently announced that it has completed a milestone of one million paid swaps.

PressGreen Frontier CapitalMarch 23, 2022Source: Autocar Professional, BatterySmart

Quiklyz ties up with BluSmart Mobility for EV leasing

Lijee Philip for Economic Times reports as part of this arrangement, Quiklyz will provide customized leases for up to 500 EVs which will be deployed on BluSmart’s 100% EV fleet.

PressGreen Frontier CapitalMarch 22, 2022Source: Economic Times, Caption: Getty Images, BluSmart

RevFin eyeing up Rs 40,000 crore in loans over the next five years

Sharmistha Mukherjee reports RevFin is projecting loan disbursals of Rs 450 crore in the next fiscal year starting April 1, compared with Rs 120-200 crore this FY. It expects disbursals of Rs 2,200 crore in FY24, Rs 5,500 crore in FY25, Rs 11,500 crore in FY26 and Rs 20,000 crore in FY27.

NoBroker, ElectricPe to install EV charging stations in residential societies

Zee Media Bureau reports the partnership of NoBroker and ElectricPe is working to make charging stations more accessible in the residential neighbourhoods.

PressGreen Frontier CapitalMarch 17, 2022ElectricPe, Source: Zee News

EV financing digital platform Revfin raises Rs 100 cr in debt

EV financing digital platform Revfin has raised Rs 100 crore in debt, which it plans to use to expand into new geographies for financing three-wheelers and make foray into providing loans for two-wheelers in the e-commerce delivery space, according to a top company official.

PressGreen Frontier CapitalMarch 15, 2022Source: Zee Business, Revfin

Tata Power Delhi Distribution partners with Battery Smart

Livemint reports Tata Power Delhi Distribution Ltd announced partnership with Battery Smart to set up swap stations for two-and three-wheelers at locations across North Delhi in 2022.

PressGreen Frontier CapitalMarch 15, 2022Source: Mint, BatterySmart

E-Cycle Brand EMotorad Plans Expansion, Eyes US Market

Express Mobility Desk reports: After raising USD 3 million, EMotorad, the e-cycle brand plans to expand its venture and now eyes the US market. The company is currently present in India, UAE, Japan, and Nepal.

PressGreen Frontier CapitalMarch 1, 2022Source: Financial Express, Emotorad

EMotorad enters EV charging segment with acquisition of Panine

Autocar Pro News Desk reports: EMotorad, an e-bike startup has acquired Delhi-based EV charging company Panine for an undisclosed amount. With this acquisition, EMotorad enters the upcoming EV fast-charging network segment.

PressGreen Frontier CapitalFebruary 17, 2022Source: Autocar Professional, Emotorad

EMotorad concentrating to scale up across massive market in the US

Haider Ali Kahn writes: Emotorad, the e-cycles brand, is expanding and expects a 300% growth in the financial year 2022-23.

PressGreen Frontier CapitalFebruary 7, 2022Source: Mint, Emotorad

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