Rentomojo IPO opens 9 September at INR 384 to 404 a share
The rental platform's offer comprises INR 150 crore of fresh issue and an offer for sale of 27.4 million shares. Proceeds will partly repay borrowings and fund warehouse lease rentals.
eBikeGo plans 50 bicycle retail stores with INR 35 crore investment
eBikeGo, previously operated as an electric two-wheeler rental company has pivoted to retail.
Swiggy delivery partners get discounted Hero bikes and 90 percent financing
Swiggy riders can select a Hero model in the app for discounted dealership pricing, with loans at up to 90 percent of value. Neither company named the lender or the discount.
Omega Seiki Mobility closes INR 100 crore funding across two rounds
The electric three-wheeler maker has raised INR 100 crore in two tranches, with its advisor SKG also investing. Investors, valuation and use of proceeds were not disclosed.
AI Fiesta partners Singapore and Philippines telcos as model-bundling platform expands
The platform, which bundles Claude, ChatGPT, Perplexity and DeepSeek in one interface, has tied up with giga! and Globe Telecom. Commercial terms were not disclosed.
AVPN brings Asia's largest social investment conference to India for the first time
Close to 2,000 funders and investors are meeting at Bharat Mandapam, the first India edition in the conference's 13-year history, with Temasek Foundation and Piramal Group among those attending.
Euler Motors opens ₹100-crore four-wheeler EV line at Palwal
The electric commercial vehicle maker has commissioned a dedicated four-wheeler plant across 40 acres in Haryana. Euler did not disclose what the line is currently producing against its 24,000-unit capacity.