Raptee Raises $3 Million in Pre-Series, Round Leb by Bluehill Capital

The round also saw participation from HNIs, including Mr. Eugene Mayne, Founder and CEO of Tristar Global (UAE), Ramesh Kannan, Managing Director, Kaynes Technology & Mr Lakshmi Narayanan, former CEO Cognizant Funds will be utilised for augmenting the manufacturing facility, acquiring machinery, tooling for the upcoming vehicle, as well as bolstering the team. Raptee to…

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Modulus Alternatives infuses INR 105 crore in Shivam Autotech, commits total investment of INR 150 crore, ET Auto

Shivam Autotech, a Hero Group company, is Modulus Alternatives’ 16th investment, thus taking the total invested capital to INR 1,895 crore in the private credit platform, it said. Private credit platform Modulus Alternatives Investment Managers Ltd on Wednesday said it has infused INR 105 crore in transmission gear and shafts maker Shivam Autotech as part…

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EKA Mobility partners with Pune Municipal Corporation to deploy electric garbage collection vehicles in the city, ET Auto

EKA Mobility’s electric garbage collection vans had successfully completed trials for several months with PMC before handing over the current fleet, the company said. EKA Mobility, a Pune-based leading electric commercial vehicles and technology company, has taken a significant step towards bolstering urban sustainability by handing over 10 state-of-the-art 1.5-tonne electric garbage tipper vehicles to…

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