Mobility

Oyo has reportedly been gearing up to file documents for a mega IPO of USD 1–1.2 billion by next week, targeting a valuation of USD 12-14 billion.

EV unit was expected to use funds for auto development and working capital.

Ride hailer claims plant is world’s largest staffed entirely by women.

Uneven policies leave drivers wary as COP26 turns spotlight on green transport.

Heavyweight investors including SoftBank, Falcon Edge, and Tiger Global have pumped hundreds of millions of dollars into India’s used car segment since the start of this year.

Used car marketplaces need to create additional value for buyers looking to purchase second-hand vehicles, instead of burning cash to acquire new users, expert say.

The company is developing medium-duty trucks and robotaxis for broader enterprise and consumer usage.

REVOS is present across India, China, Vietnam, Nepal, and Egypt and is planning to enter Europe and other parts of Southeast Asia.