India Digest: M2P buys Goals101; Erisha E Mobility inks MoU with Uttarakhand for EV ParkErisha plans to instal 100 EV charging hubs across Uttarakhand…

Digital banking infrastructure company M2P Fintech said it had acquired transaction behavioural intelligence firm Goals101. Separately, Erisha E Mobility has signed an MoU with the Uttarakhand government for the establishment of an EV Park.

M2P Fintech buys Goals101

Digital banking infrastructure company M2P Fintech said it had acquired transaction behavioural intelligence firm Goals101. According to media reports, the deal is worth $30 million.

Founded in 2014 by Madhusudanan R, Muthukumar R and Prabhu Rangarajan, and backed by Tiger Global, BEENEXT etc, M2P Fintech offers banking infra-like API platforms to lenders and financial institutions.

This acquisition will act as a catalyst to bring in a high degree of personalisation in its digital banking products to its customers, M2P said in a statement.

Erisha E Mobility inks MoU with Uttarakhand for EV Park

Erisha E Mobility has signed an MoU worth Rs 1,900 crores ($230 million) with the Uttarakhand Government for the establishment of an EV Park.

The MoU, signed on December 8, 2023, outlines a collaborative effort to establish an Electric Vehicle (EV) Park and deploy 100 state-of-the-art EV charging hubs across Uttarakhand, the firm said.

The project aims to establish a robust charging infrastructure with the installation of 100 Electric Vehicle charging hubs strategically located across the state.

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