GetVantage, a revenue-based financing (RBF) and growth platform for founders, has raised $ 5million via its marketplace in the last quarter. Founded in 2019 by Bhavik Vasa and Amit Srivastava, GetVantage continues to focus on the alternative finance (alt-Fi) movement in India. The company has amassed a sizable portfolio of over 400 new-age businesses while… Continue reading GetVantage backs cleantech companies with US$ 5 million non dilutive capital
Author: Autocar_Professional India Online News
Luxury auto retailer Landmark Group debuts on BSE at Rs 471
Landmark Cars, a premium and luxury car pan-India dealership chain made its debut on the bourses on Friday. It was listed on the Bombay Stock Exchange (BSE) at Rs 471.30 per share, a 7% discount to its issue price of Rs 506 per share. The company’s Rs 552-crore IPO was oversubscribed three times over at… Continue reading Luxury auto retailer Landmark Group debuts on BSE at Rs 471
Luxury auto retailer Landmark Group debuts on BSE at Rs 471
Landmark Cars, a premium and luxury car pan-India dealership chain made its debut on the bourses on Friday. It was listed on the Bombay Stock Exchange (BSE) at Rs 471.30 per share, a 7% discount to its issue price of Rs 506 per share. The company’s Rs 552-crore IPO was oversubscribed three times over at… Continue reading Luxury auto retailer Landmark Group debuts on BSE at Rs 471
Stellantis explores acquiring stake in Faurecia Michelin hydrogen JV
Faurecia, a company of the Group FORVIA, Michelin and Stellantis announced starting of exclusive negotiations for Stellantis to acquire a substantial stake in Symbio, a leader in zero-emission hydrogen mobility and a Faurecia and Michelin joint venture. “Symbio’s technical roadmap perfectly matches with Stellantis’ hydrogen rollout plans in Europe and in the U.S.,” said Stellantis CEO… Continue reading Stellantis explores acquiring stake in Faurecia Michelin hydrogen JV
Tata Motors wins Delhi Transport Corp’s order for 1,500 electric buses
Commercial vehicle market leader Tata Motors has signed a definitive agreement with Delhi Transport Corporation (DTC) for operation of 1,500 electric buses in New Delhi city. As part of the agreement, Tata Motors’ subsidiary TML CV Mobility Solutions will supply, operate and maintain 1,500 units of 12-metre low-floor air-conditioned electric Starbus EVs for 12 years. Ms.… Continue reading Tata Motors wins Delhi Transport Corp’s order for 1,500 electric buses
Tata Motors wins Delhi Transport Corp’s order for 1,500 electric buses
Commercial vehicle market leader Tata Motors has signed a definitive agreement with Delhi Transport Corporation (DTC) for operation of 1,500 electric buses in New Delhi city. As part of the agreement, Tata Motors’ subsidiary TML CV Mobility Solutions will supply, operate and maintain 1,500 units of 12-metre low-floor air-conditioned electric Starbus EVs for 12 years. Ms.… Continue reading Tata Motors wins Delhi Transport Corp’s order for 1,500 electric buses
Mercedes-Benz India and MBRDI launch cutting-edge EV course at RV College of Engineering
Mercedes-Benz India and MBRDI launch cutting-edge EV course at RV College of Engineering Mercedes-Benz Research & Development India (MBRDI) has partnered with Mercedes-Benz India to introduce the all-new EV module in its Advanced Diploma Automotive Diploma (ADAM) course offered at the R.V. College of Engineering in Bengaluru. MBRDI has also contributed a high-tech EV lab… Continue reading Mercedes-Benz India and MBRDI launch cutting-edge EV course at RV College of Engineering
Mercedes-Benz India and MBRDI launch cutting-edge EV course at RV College of Engineering
Mercedes-Benz India and MBRDI launch cutting-edge EV course at RV College of Engineering Mercedes-Benz Research & Development India (MBRDI) has partnered with Mercedes-Benz India to introduce the all-new EV module in its Advanced Diploma Automotive Diploma (ADAM) course offered at the R.V. College of Engineering in Bengaluru. MBRDI has also contributed a high-tech EV lab… Continue reading Mercedes-Benz India and MBRDI launch cutting-edge EV course at RV College of Engineering
Continental’s Bengaluru plant rolls out five millionth ECU in less than 6 years
Continental’s Bengaluru plant rolls out five millionth ECU in less than 6 years Continental India’s Bengaluru plant has notched a new production milestone – five million Electronic Control Units (ECUs) – having begun manufacturing operations 71 months ago in February 2017. Sukhdeep Sandhu, Market Head India – Passive Safety and Sensorics (PSS), Vehicle Dynamics (VED),… Continue reading Continental’s Bengaluru plant rolls out five millionth ECU in less than 6 years
In Conversation with BMW Group India’s Vikram Pawah
India’s luxury car market is poised to grow by 40 percent in CY2022 and is likely to see its momentum being sustained next year as well despite weakening economic circumstances in the US and Europe. The key driving force is Covid which has brought a fundamental shift in the psyche of the consumer who is… Continue reading In Conversation with BMW Group India’s Vikram Pawah