Pi-Beam Launches Fast Charge Electric Two Wheeler

IIT Madras-incubated start-up Pi Beam on Tuesday launched an electric two-wheeler that can charge faster than a smartphone and comes with a range of 50 km.

Delhivery, the SoftBank Group Corp-backed logistics startup, plans to raise up to $800 million through an initial public offering this year, bankers familiar with the matter said.

Karnataka agriculture minister B C Patil said on Wednesday the government would soon unveil a policy framework on agri startups and operational guidelines.

Phable, a Bengaluru-based healthtech platform focused on chronic disease management, on Wednesday announced the signing of a $12 million Series A investment round. 

LottieFiles, a global platform in motion graphics, on Wednesday announced it has acquired Surat-based design asset marketplace Iconscout for an undisclosed amount.

Real estate tech startup Method & Madness Technology has raised $2 Mn in a seed funding round led by Tinder founder Justin Mateen and other undisclosed Silicon Valley-based investors. The company has claimed a post-money valuation of over $12 Mn. 

TrueScale Capital, a new venture firm founded by Sameer Nath, the co-founder of venture capital firm Iron Pillar, has started its maiden fund to make growth capital investments in Indian startups. All partners of Iron Pillar, including Nath, will manage the investment portfolio of the firm’s first fund—Iron Pillar Fund I. 

AgNext Technologies, a Chandigarh-based agritech startup, won the ‘Most Innovative Agri Startup Award’, with SourceTrace and EF Polymer Pvt Ltd being first and the second runners-up respectively.

Gurugram-based Swajal on Wednesday announced that it has raised its Pre-Series A funding of $1.6 million from Rajasthan Asset Management Company Pvt Ltd (RAMC) through RVCF III – India Growth Fund and a group of investors led by Pramod Agarwal.

Toyota Motor North America said Wednesday it will bring three new electrified vehicles to the U.S. market, as the automaker seeks to win over customers by offering a variety of lower emission and zero-emission cars and SUVs.

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