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Opportunity India Desk Jan 13 2025 - 2 min readDespite the presence of numerous public and private banks across India, Micro, Small, and Medium Enterprises (MSMEs) continue to face significant hurdles in securing funding, with high interest rates and limited capital availability remaining major obstacles, according to Subhasri Sriram, Managing Director of Shriram Group. Sriram made these remarks during the Chennai ...
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Opportunity India Desk Jan 13 2025 - 2 min readLICO Materials, a battery recycling and repurposing company, intends to increase its sales to over 100 crore by FY26, driven by India's burgeoning EV and energy storage sectors, according to CEO Gaurav Dolwani. "This year, we're expecting about ₹30 crore. In a commodity upswing, doing the same business, we could probably ...
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Opportunity India Desk Jan 11 2025 - 2 min readThe Department for Promotion of Industry and Internal Trade (DPIIT) recently convened a meeting with 75 Alternate Investment Funds (AIFs) supported by the government’s Fund of Funds Scheme (FFS). The discussion centered on capital mobilization for startups and fostering a robust startup ecosystem in every district of India by 2025. Since the launch ...
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Opportunity India Desk Jan 11 2025 - 1 min readJSW MG Motor India has partnered with Kotak Mahindra Prime Limited (KMPL) to introduce a revolutionary Battery-As-A-Service (BaaS) ownership program for electric vehicle (EV) customers, making KMPL one of the first auto financiers to support this innovative concept. The collaboration marks a significant step in reducing the upfront cost of electric vehicles, potentially ...
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Opportunity India Desk Jan 11 2025 - 2 min readMahindra & Mahindra, which achieved record-breaking sales of 528,460 SUVs in CY2024, marking a 22% YoY growth, has made a bold entry into the electric vehicle market by launching two new electric SUVs – BE 6 and XUV 9e. These zero-emission vehicles are built on the innovative MAIA (Mahindra Artificial Intelligence Architecture), a ...
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Opportunity India Desk Jan 10 2025 - 2 min readOdysse Electric, a prominent Indian two-wheeler electric vehicle (EV) manufacturer, has successfully delivered over 1,500 electric scooters to Zypp Electric, a leading fleet operator specialising in last-mile delivery services. This delivery is part of a larger order comprising 40,000 electric vehicles, scheduled to be fulfilled over the next three years.