EV logistics-tech startup EVIFY raises $1.3 million in pre-Series A funding

EVIFY, a Surat-based electric vehicle logistics startup, has announced that it has raised $1.3 million in funding in a Pre-Series A round led by venture capital firms GVFL and Piper Serica Angel Fund.   Existing investors We Founder Circle and IVY Growth, along with a few angel investors, also participated in the round.  Founded in… Continue reading EV logistics-tech startup EVIFY raises $1.3 million in pre-Series A funding

Stellantis earmarks Rs 2,000 crore fresh investment into Citroen India by 2030

Aditya Jairaj (Right), CEO and MD, Stellantis India along with V Arun Roy, Secretary to Government, Industries, Investment Promotion & Commerce Department, Government of Tamil Nadu at the MoU signing ceremony at the Tamil Nadu Global Investors Meet 2024, held in Chennai on January 7 and 8. Automotive conglomerate Stellantis has reinforced its commitment to… Continue reading Stellantis earmarks Rs 2,000 crore fresh investment into Citroen India by 2030

‘World looks at India as important pillar of stability,’: PM Modi at Vibrant Gujarat Summit

Prime Minister Narendra Modi, while addressing the Vibrant Gujarat Global Summit 2024, said that the world looks at India as an important pillar of stabiility. “The world looks at India as an important pillar of stability. A friend who can be trusted. A partner who believes in people centric development. A voice that believes in… Continue reading ‘World looks at India as important pillar of stability,’: PM Modi at Vibrant Gujarat Summit

Sundram Fasteners signs Rs 1,411 crore MoU with Government of Tamil Nadu

Sundram Fasteners Limited entered into an Memorandum of Understanding (MoU) with the Government of Tamil Nadu for a proposed investment of Rs 1,411 crore during the Tamil Nadu Global Investors Meet 2024, Chennai.  The investment is proposed to be made in Sundram Fasteners Limited factories across Tamil Nadu situated at Padi; Mahindra World City, SEZ;… Continue reading Sundram Fasteners signs Rs 1,411 crore MoU with Government of Tamil Nadu

Sundram Fasteners signs Rs 1,411 crore MoU with Government of Tamil Nadu

Sundram Fasteners Limited entered into an Memorandum of Understanding (MoU) with the Government of Tamil Nadu for a proposed investment of Rs 1,411 crore during the Tamil Nadu Global Investors Meet 2024, Chennai.  The investment is proposed to be made in Sundram Fasteners Limited factories across Tamil Nadu situated at Padi; Mahindra World City, SEZ;… Continue reading Sundram Fasteners signs Rs 1,411 crore MoU with Government of Tamil Nadu

Intel advances ‘AI Everywhere’ initiative at CES 2024

Intel has revealed its strategy to expand its ‘AI Everywhere’ initiative into the automotive sector, marking a significant move to bring artificial intelligence to various aspects of the driving experience. The company has announced plans to acquire Silicon Mobility, a fabless silicon and software company specialising in system-on-chips (SoCs) for intelligent electric vehicle (EV) energy… Continue reading Intel advances ‘AI Everywhere’ initiative at CES 2024

Intel advances ‘AI Everywhere’ initiative at CES 2024

Intel has revealed its strategy to expand its ‘AI Everywhere’ initiative into the automotive sector, marking a significant move to bring artificial intelligence to various aspects of the driving experience. The company has announced plans to acquire Silicon Mobility, a fabless silicon and software company specialising in system-on-chips (SoCs) for intelligent electric vehicle (EV) energy… Continue reading Intel advances ‘AI Everywhere’ initiative at CES 2024

Intel advances ‘AI Everywhere’ initiative at CES 2024

Intel has revealed its strategy to expand its ‘AI Everywhere’ initiative into the automotive sector, marking a significant move to bring artificial intelligence to various aspects of the driving experience. The company has announced plans to acquire Silicon Mobility, a fabless silicon and software company specialising in system-on-chips (SoCs) for intelligent electric vehicle (EV) energy… Continue reading Intel advances ‘AI Everywhere’ initiative at CES 2024