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EV Maker Okinawa To Raise INR 60 Cr From Existing Backer

India, June 21 -- EV maker Okinawa Autotech is looking to raise INR 60 Cr (around $7 Mn) from existing investor Dhruv Khush Business Ventures. As per its MCA filings, the EV startup's board passed a ... Read More


Tesla To Open First Showroom In Mumbai Next Month

India, June 20 -- After years of back and forth, EV giant Tesla is all set to make its India debut next month. The Elon Musk-led automaker is reportedly gearing up to open its first showroom in the co... Read More


OYO-Owned Innov8 Sells 3% Stake At INR 1,000 Cr Valuation

India, June 20 -- OYO-owned Innov8 has reportedly sold 3% stake in the company at INR 1,000 Cr valuation to expand its flexible workspace. A PTI report, citing sources, said that Raymond family offic... Read More


ED Questions Harbhajan Singh, Urvashi Rautela Over Ads Promoting Illegal Betting Apps

India, June 17 -- The Enforcement Directorate has reportedly expanded its investigation into illegal online betting platforms, now shifting focus to endorsements made by former cricketers and bollywoo... Read More


HDFC Securities Initiates Coverage On Ather With 'Buy' Rating

India, June 16 -- Brokerage firm HDFC Securities has initiated coverage on recently listed electric two-wheeler maker Ather Energy with 'Buy' rating. HDFC sets the target price for EV startup at INR ... Read More


Meta Appoints Arun Srinivas As India Head

India, June 16 -- Meta has appointed Arun Srinivas as the managing director and head for the company in India, days after its vice president and head of public policy in the country, Shivnath Thukral,... Read More


Gensol Insolvency: NCLT Admits IREDA's Plea On INR 510 Cr Default

India, June 13 -- The National Company Law Tribunal's Ahmedabad bench has reportedly admitted Gensol Engineering Limited into corporate insolvency proceedings on a plea filed by Indian Renewable Devel... Read More


WestBridge Joins Spinny's Captable With $30 Mn Funding

India, June 12 -- Used-car marketplace unicorn Spinny has raised an additional $30 Mn (around INR 256 Cr) from new investor WestBridge Capital in its Series F funding round. With this fundraise, the ... Read More


Spinny Bags $30 Mn From WestBridge, Closes Round At $170 Mn

India, June 12 -- Used-car marketplace unicorn Spinny has raised $30 Mn (around INR 256 Cr) from WestBridge Capital to close its Series F funding round at $170 Mn. Sources told Inc42 that the funding ... Read More


Krutrim Launches Its Agentic AI Assistant Kruti

India, June 12 -- Ola's artificial intelligence venture Krutrim today unveiled its own agentic AI assistant Kruti. Kruti, a Gen 2 multimodal assistant analyses text, voice, image and files and genera... Read More