Brand

Droom.in, an automobile marketplace led by Sandeep Aggarwal has raised $30 million in Series D, led by Toyota Tsusho Corporation (member Toyota Group) and co-led by Digital Garage of Japan.

The company has also signed MOU with Toyota to expand internationally. They are joined by Ellison Investments, an Asia-based investment manager, as well as many existing investors and a number of prominent institutional investors and family offices from China, Hong Kong and SE Asia in this round.

Exide Industries Ltd, South Asia’s largest lead acid storage battery maker and India’s largest manufacturer of lead acid storage batteries and power storage solutions provider, has now come up with a new range of completely sealed and maintenance free battery for the automotive after-market. Branded as Advanz, this incidentally is India’s first completely sealed and maintenance free battery for the automotive after-market, top company officials said, adding that The battery is currently the only one of its kind in the Indian market that does not require any topping up. 

TVS Motor Company, India’s third largest two wheeler maker by sales on Wednesday launched the race edition of TVS Apache RTR 180 in India to take on rivals such as market leader Hero MotoCorp, Honda Motorcycle and Scooter and Bajaj Auto.

Priced at Rs 83,233 in  Delhi showroom, the TVS Apache RTR 180 Race edition primarily competes with the likes of the Suzuki Gixxer, Honda CB Hornet and Bajaj Pulsar 180.

The motorcycle special edition comes in a single colour, pearl white, and will be offered with front and rear disc brakes as standard.

Luxury hotel Hyatt Regency Pune has unveiled a new events space named EQ:IQ, i.e., emotional quotient: intelligence quotient. With an area of 19,000Sq.ft, it is the largest events space in the city.

Hyatt Regency Pune claimed EQ:IQ is one of its kind concept in the country that creates the perfect balance of work and play. Each room—curiously named Newton, Einstein, Galileo-- is equipped with the latest technology.

Google’s philanthropic arm - Google.org announced additional grants of $3 million to two non profit organisations in India - Central Square Foundation and The Teacher App, with the total commitment of $ 11.4 million.

The Rs 1655 crore Greenply Industries Limited (GIL), India's largest interior infrastructure company, will now rebrand its MDF, wood floors, plywood, veneers and doors as Greenpanel. The EPD division of Greenply Industries was earlier marketing these products under Green Panelmax and Green Floormax brand names. Significantly, Greenply enjoys nearly 26 per cent market share in the organised plywood market in India and 30 per cent market share in domestic MDF market, with a strong retail network, 48 branches across India and presence in over 300 cities across 21 states.

Tata Motor has launched AMT (automated manual transmission) version of its Nexon with a price tag of Rs 9.41 lakh for its petrol variant and Rs 10.3 lakh for the diesel variant, both prices are ex-showroom, Delhi.  The Nexon AMT will be only available with the top-end XZA+ variant on both the petrol and the diesel. Tata Nexon AMT will feature three drive modes - Eco, City and Sport.

Polaris India, a wholly-owned subsidiary of US-based Polaris Industries Inc, on Wednesday expanded its super bike portfolio by introducing its all new iconic flagship motorcycle the ‘Indian' Roadmaster Elite priced at Rs 48 lakh in Mumbai.

Indian Motorcycles is the American oldest brand manufacturing sophisticated and technologically advanced bikes under two categories called cruisers and tourers starting with the engine capacity of 1,000 cc.

A significant part of Microsoft’s $500 million fresh investment will come to the Kolkata R&D centre of the Baltimore-headquartered MachineSense, LLC, artificial intelligence (AI)-driven manufacturer of machine sensor and power analyzer. This will be part of Microsoft Corp’s elite scale-up accelerator programme, initiated in February.