Verax AI Raises $7.6M in Seed Funding

Verax AI, a Dallas, TX- and Tel Aviv, Israel-based provider of enterprise-grade software solutions, raised $7.6M in Seed funding. The round was led by TQ Ventures with participation from Concept Ventures, Cardumen Capital, Seedcamp, InMotion Ventures, and XTX Ventures. The company intends to use the funds to accelerate its go-to-market processes and increase awareness. Founded… Continue reading Verax AI Raises $7.6M in Seed Funding

Its bumper Diwali for carmakers in 2024, amid a slow year

Carmakers’ decision to build up inventory ahead of the festive season is paying off, with passenger vehicle registrations reaching a record 425,000 units as of October 29, according to Vahan data. The record marks a 27% increase from last year’s daily registration rate in October, with the potential to approach 450,000 units by the month’s… Continue reading Its bumper Diwali for carmakers in 2024, amid a slow year

Greaves Retail’s ambitious push to rival automotive parts giants, become ‘Grainger of India’

Greaves Retail, a modest but highly profitable arm of the 165-year-old Greaves Cotton, is steadily making its mark in India’s organized automotive and industrial spare parts chain market. Amidst limited competition, the company harbors ambitions to rival global distribution giants such as Grainger Inc., a NYSE-listed parts supply business leader in the U.S, Japan and UK. As a multi-brand,… Continue reading Greaves Retail’s ambitious push to rival automotive parts giants, become ‘Grainger of India’

Tata Nexon with panoramic sunroof available from Rs Rs 13.60 lakh to Rs 15.60 lakh

Tata Motors has silently introduced a panoramic sunroof-equipped Nexon on more trims, including those powered by the petrol and diesel engines, not too long after it introduced the feature on the CNG model. The petrol and diesel-powered Tata Nexon now get a panoramic sunroof on the top-spec Fearless + PS trim, while the Nexon CNG… Continue reading Tata Nexon with panoramic sunroof available from Rs Rs 13.60 lakh to Rs 15.60 lakh

Maruti eVX production version reveal on November 4

The final production-spec version of Maruti’s highly anticipated eVX will make its global debut in Milan, Italy, on November 4. This underscores the eVX’s importance as a global product for parent company Suzuki, as a significant portion of the made-in-India EV’s production has been marked for export to Europe and Japan. The Maruti eVX will… Continue reading Maruti eVX production version reveal on November 4

Can India overcome the economic challenges of higher generation ethanol?

India’s ambitious push towards ethanol blending has hit a roadblock. The 2G ethanol production programme, once touted as a game-changer, is now facing significant challenges due to high production costs. While the government’s ambitious target of 20% ethanol blending by 2025 remains, the economic viability of 2G ethanol production is increasingly coming under scrutiny. The… Continue reading Can India overcome the economic challenges of higher generation ethanol?

@Tata-JLR: JLR’S HYBRID VEHICLE RETAIL SALES UP 29% IN H1 FY25 AS MORE CLIENTS PREPARE FOR ELECTRIFICATION

*The Advanced Range Rover Sport P550e and P460e electric hybrids are capable of up to 123km (75 miles) of pure‑electric driving, with overall CO2 emissions from 15g/km. **Source ‘Getting the Green Light’, The Resolution Foundation, October 2024 JLR offers plug‑in electric hybrid and mild‑hybrid variants across all its brands (availability is market dependent) including the… Continue reading @Tata-JLR: JLR’S HYBRID VEHICLE RETAIL SALES UP 29% IN H1 FY25 AS MORE CLIENTS PREPARE FOR ELECTRIFICATION

Autocar magazine 30 October: on sale now

In this week’s issue we take a look at the all new Ford Capri, discover Volvo’s latest EV, delve into the secrets of McLaren’s Lego P1 and detail Jaguar’s revival of the E-Type.  News The ES90 from Volvo is the first of five all-new electric vehicles to use new advanced tech, James Attwood tells all… Continue reading Autocar magazine 30 October: on sale now

FMCG, auto companies step up ad spends to revive demand

With pent-up demand diluted, carmakers and dealers are also increasing marketing spends to draw buyers to showrooms this festive season. New Delhi: Nearly a dozen consumer and automobile companies, such as Nestle, Colgate-Palmolive, Godrej Consumer Products, Maruti Suzuki, Volkswagen, Skoda and Tata Motors, have stepped up advertising and marketing spends in September quarter, and some… Continue reading FMCG, auto companies step up ad spends to revive demand