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Context is everything.
Detailed stories on technology startups, business and economic current affairs.
Detailed stories on technology startups, business and economic current affairs.
A more than 50% drop in revenue and twofold increase in net loss, combined with a Rs 1,700 crore debt raise, signal deepening troubles for the EV company.
The startup isn’t sure where its future lies—in electric motorcycles or the more recently announced electric scooter? Unsurprisingly, none of the products have amounted to anything so far.
The EV maker is back for fresh capital as its businesses fail to generate enough to sustain themselves.
Outpaced by legacy giants and newer rivals, the Bengaluru-based EV maker is betting on a mass-market scooter to fix its demand problem. Will a new product succeed where its existing lineup hasn’t?
