AppsForBharat, owner of the devotion platform Sri Mandir, has raised $18 million in Series B funding led by Fundamentum, to scale its India and international operations, onboard new temples, and launch new services. The app has garnered 30 million downloads and aims to expand its offerings to spiritual tourism and prasad delivery.
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Epic Energy Limited announced a significant development in line with the growing electric vehicle (EV) market in India. EPIC has entered into a Joint Venture Agreement (JV Agreement) with Fenfeo Automotive Private Limited, Coimbatore. This partnership aims to establish a dedicated manufacturing unit for Electric Vehicle Chargers in Coimbatore, India.
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Government is keen on a gas-based economy and wants car and commercial vehicle makers to increasingly adopt technologies that are based on alternative fuels, Road Transport Minister Nitin Gadkari said, made a strong case for use of greener fuels in India. Addressing the automotive industry at SIAM's annual convention, Minister Gadkari said by building technology in alternate fuels.
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