Connect with us

Latest News

Uber Joins Hands With Mahindra To Launch Electric Cars

Published

on

Uber Joins Hands With Mahindra To Launch Electric Cars,Startup Stories,2017 Business News Updates,Uber Business News,Mahindra To Launch Electric Vehicles On Uber Platform,Electric Vehicles In India,Uber Launches New Electric Cars,2017 Electric Cars,Indian Government Electric Vehicles

Uber, the global taxi aggregator, will be tying up with car manufacturer Mahindra and Mahindra to launch electric cabs in Delhi and Hyderabad. The companies have entered a partnership to deploy 100 Electric Vehicles (EV) in the Uber fleet under its pilot project.

Mahindra’s e20 Plus hatchback and the eVerito sedan will be inducted into the Uber fleet and will hit the roads by February 2018. Speaking about the collaboration, Uber’s Chief Business Officer for India and Emerging Markets, Madhu Kannan said, “We see a key role for high efficiency vehicle technologies and therefore, believe that this collaboration with Mahindra, the pioneers in the electric vehicles space, will be truly beneficial not just for Uber, but for our driver partners, riders and the cities we operate in.”

However, both the companies have agreed the partnership is not exclusive as Mahindra has already tied up with Ola to introduce an EV fleet in Nagpur. Mahindra has been at the forefront of manufacturing electric vehicles in the country and launched their electric hatchback e2o in 2013. Speaking about the new partnership with Uber, Mahindra and Mahindra’s Managing Director Dr. Pawan Goenka said, “Our collaboration with Uber is an important step to help accelerate the large scale adoption of electric vehicles on shared mobility platforms and meet the nation’s vision for EVs.

The driver partners on Uber’s platform can avail a package which will include Mahindra electric vehicles at competitive prices, attractive financing and insurance premiums, under this partnership. Private players in the process of setting up a common use charging ecosystem across multiple locations in the cities will also be contacted by the companies. Mahindra is also planning to ramp up the production capacity to 5000 units a month from the current capacity of 500 units. Furthermore, Mahindra and Mahindra will also support driver education and training related to various aspects of electric vehicles including maintenance.

Continue Reading
Advertisement
8 Comments

8 Comments

  1. MM88

    November 5, 2025 at 9:20 pm

    Với giao diện mượt mà và ưu đãi hấp dẫn, MM88 là lựa chọn lý tưởng cho các tín đồ giải trí trực tuyến.

  2. 站群程序

    November 7, 2025 at 3:11 pm

    采用高效谷歌站群策略,快速提升网站在搜索引擎中的可见性与权重。谷歌站群

  3. 站群程序

    November 9, 2025 at 1:56 pm

    搭载智能站群程序,自动化搭建与管理,为SEO项目提供核心驱动力。站群程序

  4. iwin

    November 10, 2025 at 5:02 pm

    iwin – nền tảng game bài đổi thưởng uy tín, nơi bạn có thể thử vận may và tận hưởng nhiều tựa game hấp

  5. 谷歌蜘蛛池

    November 11, 2025 at 3:49 pm

    利用强大的谷歌蜘蛛池技术,大幅提升网站收录效率与页面抓取频率。谷歌蜘蛛池

  6. MM88

    November 14, 2025 at 4:43 am

    Khám phá thế giới giải trí trực tuyến đỉnh cao tại MM88, nơi mang đến những trải nghiệm cá cược thể thao và casino sống động.

  7. J88

    November 21, 2025 at 1:02 pm

    Đến với J88, bạn sẽ được trải nghiệm dịch vụ cá cược chuyên nghiệp cùng hàng ngàn sự kiện khuyến mãi độc quyền.

  8. GO88

    November 23, 2025 at 11:05 am

    Tham gia cộng đồng game thủ tại Go88 để trải nghiệm các trò chơi bài, poker phổ biến nhất hiện nay.

Leave a Reply

Your email address will not be published. Required fields are marked *

Latest News

₹290 Crore Boost: Rozana’s Series B Funding Scales Rural Retail Network Nationwide

Published

on

rozana

Rozana, India’s leading rural retail platform, has secured ₹290 crore ($35 million) in a Series B funding round led by Bertelsmann India Investments (BII), with participation from Omidyar Network India, Vivid Capital, and Tana Investment Holding. This Rozana funding brings its total capital to over ₹500 crore, fueling hyperlocal expansion in underserved rural markets. Founded in 2021 by brothers Prashant and Prateek Chauhan, the startup’s phygital model blends micro-stores, app-based ordering, and last-mile delivery to connect 5 million+ users in 12 states with brands like ITC and HUL.

The ₹290 crore investment will supercharge Rozana’s rural omnichannel retail strategy, targeting 5x growth in 18 months. Plans include adding 5,000 micro-stores in Uttar Pradesh, Bihar, and Rajasthan; AI-powered inventory tech; and new categories like groceries and electronics. By empowering 20,000+ rural micro-entrepreneurs, Rozana taps into India’s $700 billion rural retail boom, where smartphone penetration and UPI drive 12% annual growth.

This Rozana Series B milestone positions it as a frontrunner against rivals like Ninjacart, eyeing unicorn status by 2028 amid ONDC tailwinds. CEO Prashant Chauhan emphasized, “We’re building rural prosperity through accessible premium brands.” For more on Rozana funding news and rural retail trends, stay updated on India’s startup ecosystem.

Continue Reading

Latest News

Peak XV New Funds: $1.3B Commitment for India Startup Surge 2026

Published

on

StartupStories

Peak XV Partners has launched three new funds totaling $1.3 billion, targeting India’s booming startup ecosystem. The lineup features the $600M Surge fund (8th edition) for early-stage ventures, a $300M Growth Fund for Series B+ scaling, and a $400M Acceleration Fund for rapid portfolio expansion. This commitment arrives as India’s VC inflows rebound, with AI and fintech leading 2026 trends.

These funds build on Peak XV’s legacy of backing unicorns like Zomato and Pine Labs, offering founders capital plus strategic guidance amid post-winter recovery. Early-stage deals surged 20% last year per Tracxn, positioning Peak XV to fuel the next wave of innovation in SaaS, climate tech, and consumer plays.

For startups eyeing Peak XV new funds or Surge fund 2026 applications, this signals prime opportunities. Investors and marketers should watch for deployment updates India remains a global VC hotspot.

Continue Reading

Latest News

D2C Brand Neeman’s Raises $4 Million for Tier 2/3 Store Expansion & Eco-Friendly Shoes

Published

on

StartupStories

Hyderabad, January 13, 2026 Neeman’s, India’s leading D2C footwear brand famed for sustainable shoes and patented PIXLL® technology, has raised $4 million from existing investors. This funding boosts its cumulative capital past $10 million since 2015, with a post-money valuation nearing $50 million. CEO Vijay Chahoria emphasized offline retail as the “next frontier,” planning 50+ new stores in Tier 2/3 cities like Jaipur and Lucknow to blend eco-friendly innovation with hands-on customer experiences.

In India’s booming D2C ecosystem where footwear sales hit ₹1.2 lakh crore in 2025 Neeman’s targets hybrid retail amid high online CAC and 25-30% returns. Backed by vegan, machine-washable shoes priced ₹2,000-4,000, the brand leverages PIXLL® (5x more breathable than leather) for carbon-neutral comfort. Recent 5x revenue growth to ₹100 crore ARR, 1M+ pairs sold via Myntra and stores, and awards at India D2C Summit 2025 position it ahead of rivals like Paaduks.

Neeman’s offline expansion India eyes the $15B sustainable footwear market by 2028, fueled by PLI schemes, Gen Z’s 70% eco-preference (Nielsen), and Southeast Asia exports. Challenges like real estate costs are offset by data-driven inventory and omnichannel QR tech. Watch for Q1 2026 launches in Hyderabad and Bengaluru redefining D2C success through authentic, “Wear the Change” branding.

Continue Reading
Advertisement

Recent Posts

Advertisement