Hyundai Motor, Tata Motors and Mahindra & Mahindra in race to acquire GM India Talegaon plant With the Indian passenger vehicle market on the path to scale a new peak, three out of the country’s top four car makers – Hyundai Motor India, Tata Motors and Mahindra & Mahindra are engaged in a race to… Continue reading Hyundai Motor, Tata Motors and Mahindra & Mahindra in race to acquire GM India Talegaon plant
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Jaguar Land Rover reducing its production at UK factories until spring
Jaguar Land Rover reducing its production at UK factories until spring Exclusive: Carmaker, which has been hit by computer chip shortage, to scale down shifts at Solihull and Halewood The Land Rover Defender model, built in Slovakia. Photograph: Nick Dimbleby/AP The Land Rover Defender model, built in Slovakia. Photograph: Nick Dimbleby/AP Jaguar Land Rover is… Continue reading Jaguar Land Rover reducing its production at UK factories until spring
HealthKart raises over $65m funding from Temasek, A91 Partners
Indian healthcare platform HealthKart, owned by Tata 1mg, has raised over $65 million in a Series H funding round from Temasek Holdings and A91 Partners, according to a regulatory filing with the Registrar of Companies (RoC). Entrackr first reported the development. The round comes more than three years after HealthKart raised $25 million in a… Continue reading HealthKart raises over $65m funding from Temasek, A91 Partners
Toyota Kirloskar unveils Innova Hycross in India; bookings open
Toyota’s all-new Innova Hycross MPV has finally made its India debut and will go on sale by January next year. It made its global debut earlier this week as the Innova Zenix in Indonesia. The Hycross is a completely new model and is the first Innova to be based on a monocoque construction. It also… Continue reading Toyota Kirloskar unveils Innova Hycross in India; bookings open
Toyota Kirloskar to continue Innova Crysta diesel, post Innova Hycross launch
Having sold over a million Innovas in the country over a 17-year period, Toyota Kirloskar will be unveiling an all-new avatar of its best-selling model today. Sources say that while the new-gen Innova Hycross in its third generation will raise the bar on performance, safety and fuel efficiency with petrol and hybrid versions, Toyota is… Continue reading Toyota Kirloskar to continue Innova Crysta diesel, post Innova Hycross launch
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Car of the Year 2023 shortlist announced
The seven cars on the shortlist for Car of the Year 2023 have been announced ahead of the winner being revealed in January. The shortlisted cars are the Jeep Avenger, Kia Niro, Nissan Ariya, Peugeot 408, Renault Austral, Subaru Solterra/Toyota bZ4X, and Volkswagen ID Buzz. The winner will be named at the Brussels motor show… Continue reading Car of the Year 2023 shortlist announced
Tata Motors and HDFC Bank to offer EV inventory finance to dealers
In a bid to increase EV adoption in the country, Tata Motors has partnered HDFC Bank, India’s largest private sector bank, to offer an electric vehicle dealer financing solution to its authorised passenger EV dealers. Under this scheme, Tata Motors will provide its dealers additional inventory funding over and above their ICE finance limit with… Continue reading Tata Motors and HDFC Bank to offer EV inventory finance to dealers
Tata Motors and HDFC Bank to offer EV inventory finance to dealers
In a bid to increase EV adoption in the country, Tata Motors has partnered HDFC Bank, India’s largest private sector bank, to offer an electric vehicle dealer financing solution to its authorised passenger EV dealers. Under this scheme, Tata Motors will provide its dealers additional inventory funding over and above their ICE finance limit with… Continue reading Tata Motors and HDFC Bank to offer EV inventory finance to dealers
Indian VC firm Kae Capital makes final close of third fund at $94m
Kae Capital, an early-stage venture capital (VC) firm in India, has made the final close of its third fund at Rs 767 crore ($94 million), per an announcement. Some of the international institutional investors who have backed this fund are Old Mutual Wealth, Velo Partners, and Finext, while the Indian ones are HDFC Holdings and… Continue reading Indian VC firm Kae Capital makes final close of third fund at $94m