Business, market and commerce intelligence for India
D2C, B2B, marketplace, retail, growth and EV — tracked daily, explained simply.
POWERGRID invites bids for 1 GWh BESS projects under ISTS
Summary of the latest grid-scale battery storage tender from POWERGRID, including timeline, eligibility and what it means for battery suppliers.
Latest
Why Marketplace Revenue Can Grow While Profit Falls
The margin leak every marketplace seller faces — fees, RTO, returns and ads — and how to see true contribution margin.
Marketplace Inventory Management for Indian Sellers
The inventory race between Amazon, Flipkart and Meesho — and how a Commerce OS prevents overselling and stockouts across channels.
How to Manage Amazon, Flipkart and Meesho From One System
A modeled case study: the multi-marketplace seller problem, and how one Commerce OS centralizes listings, inventory, orders and reconciliation.
From Amazon Seller to Omnichannel Brand: What Changes at ₹5 Cr GMV
A modeled case study of the marketplace-first to omnichannel transition — the moment a seller should add D2C and what a Commerce OS must handle.
Case Study: A ₹5 Cr Multi-Marketplace Seller With 2,000 SKUs
A modeled case study of a 2,000-SKU multi-marketplace seller at ₹5 Cr GMV — the operational sprawl and how Mera would centralize it.
From WhatsApp + Excel to B2B Commerce: The Migration Path
A modeled migration path for a B2B business running on WhatsApp and Excel — how to move to a Commerce OS without disrupting dealers.
Why B2B Commerce Needs Pricing, Credit and Workflow — Not Just a Website
B2B isn't D2C with bigger orders. The three systems that actually make B2B commerce work: pricing, credit and approval workflows.
B2B Commerce OS for Indian Distributors
A modeled case study: how an industrial/FMCG distributor moves from WhatsApp + Excel to a B2B commerce operating system.
How AI Agents Could Automate B2B Sales Follow-Up
The B2B sales problem nobody automates: systematic follow-up. How Mera AI agents could chase reorders, quotes and collections automatically.
Case Study: 500 Dealers, 10,000 SKUs and WhatsApp Orders
A modeled case study of a mid-size distributor at the operational ceiling — and how Mera would turn WhatsApp chaos into a B2B portal.
How Mera Commerce OS Could Run a Modern Indian Skincare Brand
A modeled case study mapping a content-led skincare brand (Minimalist-style) onto Mera: catalog, subscriptions, marketplaces, CRM and AI retention.
How a ₹10 Cr D2C Brand Can Replace 10+ Commerce Tools
A modeled case study: the fragmented stack a growing Indian D2C brand runs today, and how Mera Commerce OS would centralize store, orders, inventory, CRM and growth.
Why Growing D2C Brands Outgrow Shopify + Spreadsheets
The operational ceiling of storefront-plus-spreadsheet D2C, and the five signals that say it's time for a commerce operating system.
The Commerce Stack of an Indian D2C Brand in 2026
A realistic map of the 10+ tools an Indian D2C brand runs in 2026 — and the gaps that a Commerce OS closes.
D2C Inventory Management: From Shopify + Spreadsheets to a Commerce OS
The inventory problem every growing D2C brand hits, and how a Commerce OS fixes overselling, deadstock and multi-channel sync.
Energy Vault Announces Strategic Agreement to Deploy 1.25 GW of Integrated Power Infrastructure for Hyperscaler AI Data Center
Energy Vault, whose offerings include proprietary battery, gravity and green hydrogen energy storage technologies supporting a variety of customer use cases, has announced a major deal. It announced the execution of a strategic commercial agreement under
MNRE Expands Renewable Energy Skilling Training For BESS, Manufacturing & Transmission
The Ministry of New and Renewable Energy (MNRE) has now approved the continuation of its Human Resource Development (HRD) Programme for the renewable energy sector for FY2026-27 to FY2030-31, with a total financial outlay of ₹258.83 crore. The approved outlay
GUVNL Awards 450 MW/900 MWh BESS Tender To Sun Drops Energia & NLC India Renewables
Gujarat Urja Vikas Nigam (GUVNL) has recently awarded a 450 MW/900 MWh standalone BESS tender to NLC India Renewables (NIRL) at ₹2,31,989/MW/month for a 275 MW project and to KPI Green subsidiary Sun Drops Energia Ltd. at ₹2,31,990/MW/month for a 410 MW projec
Amara Raja Plans ₹250–300 Cr BESS Investment, Targets 5 GWh Utilisation Within Six Months
Amara Raja Batteries Limited's Q1 FY27 earnings conference call provided a broader outline of the company's plan to achieve at least around 5 GWh of utilisation within six months of the factory's completion. In its latest investor call, the management spoke ab
Petronas arm Gentari puts India EV charging business up for sale
Petronas subsidiary Gentari has begun exploring a sale of its Indian green mobility unit, Gentari Green Mobility India, which operates about 3,000 EV charging points across 11 states. The process comes after an earlier attempt to divest a significant minority
Ola Electric secures 5-year PLI window, to get upto Rs 7,240cr in incentives
A filing disclosed that the disbursements will be made quarterly, starting from next quarter.
Ola Electric gets revised ACC PLI timeline, eyes Rs 7,240 crore incentive payout through 2031
Ola Electric's subsidiary received revised timelines for the ACC PLI scheme. This approval secures a full five-year incentive window through calendar year 2031. The company expects to unlock cumulative incentives of up to Rs 7,240 crore. Ola Electric is expand
Octillion Opens Third EV Battery Plant in India With 3 GWh Annual Capacity
Octillion Power Systems has opened its third manufacturing facility in India, adding production capacity in Halol, Gujarat, as demand for electric vehicle ( EV ) battery systems grows across passenger, commercial and public transport segments. The facility cov
EV mobility service startup Yulu raises $93M led by GEF Capital
Yulu will use this funding round to increase its fleet capacity to 2 lakh electric vehicles and expand service hubs.
Verdant Energy and Aura Power Merge to Form Solar, Storage IPP in the UK
Listen to this article Solar project developers Verdant Energy and Aura Power Developments have merged to form a solar and battery energy storage system (BESS)
How Sungrow's PowerStack 255CS Aims To Advance C&I Energy Storage Demands?
As India’s commercial and industrial (C&I) sector increasingly embraces clean energy to reduce operational costs and improve energy resilience, battery energy storage systems (BESS) are becoming an essential component of modern power infrastructure.
Coal India weighs acquiring Wealth Minerals unit with Chile lithium assets
Coal India is exploring acquiring a Chilean unit of Wealth Minerals. This move aims to secure vital lithium resources for electric vehicle batteries. The companies jointly applied for a lithium extraction license in Chile. Acquisition decisions will follow the
Bihar Draft Grid Code Proposes Primary Frequency Response for Renewables
The Bihar Electricity Regulatory Commission (BERC) has proposed that wind and solar projects with battery energy storage systems (BESS), with capacities above 10 MW and connected at 33 kV or higher, must be capable of increasing their output to at least 105% o
Energy Storage-Backed Renewable Tenders Dominate Procurement in 1H 2026
Agencies in India issued 44 GW of tenders and auctioned 16 GW of capacity across energy storage, hybrid, large-scale solar, wind, manufacturing, and rooftop solar projects in the first half (1H) of 2026, according to Mercom India’s newly released India R
Zepto Faces Fresh Regulatory Heat As Bengaluru Warehouse Sealed Over Food Safety Violations
Adding to the ongoing regulatory scrutiny, the Food Safety Division of Karnataka’s Food Safety and Drug Administration Department has sealed…
Indofast, GLIDA to set up 100+ battery-swapping stations across India
Indofast Energy and GLIDA will co-locate battery swapping stations at charging sites. They aim to establish fifty sites with over one hundred swapping stations. This collaboration creates integrated EV energy destinations for users. Delivery riders and fleet o
How Nexular is helping EV makers track and manage connected vehicles
Bengaluru startup Nexular builds hardware, software, and AI tools that help EV makers track, manage, and monetise vehicles after sale.
European Energy Secures $78 Million for UK Solar and Battery Project
Listen to this article European Energy, a renewable energy project developer, has secured £58.1 million (~$78.5 million) in construction financing for its Indian Queens hybrid
Blinkit’s Mumbai Facility Licence Suspended After FDA Finds Cockroach Infestation
The Maharashtra Food and Drug Administration (FDA) has suspended the food licence of a Blinkit facility in Mumbai’s Malad West…
NTPC Green Energy Wins 200 MW/ 800 MWh BESS in WBSEDCL’s 500 MW/ 2000 MWh BESS Tender
West Bengal State Electricity Distribution Company Limited (WBSEDCL), after the annulment of the 250 MW/1,000 MWh Battery Energy Storage System (BESS) tender, has awarded a 200 MW/800 MWh BESS tender to NTPC Green. In a regulatory filing, NTPC Green Energy Lim
Daily News Wrap-Up: SECI Announces Winners of 1 GW FDRE-RTC Auction
The Solar Energy Corporation of India (SECI) announced the winners of the auction to supply 1 GW of Firm and Dispatchable Renewable Energy Round-the-Clock (FDRE-RTC) power from interstate transmission system-connected renewable energy projects (FDRE-RTC-Tranch
Ola Electric’s Comeback Quarter Comes With A Caveat
Under deep public scrutiny, Bhavish Aggarwal’s Ola Electric has spent the past year trying to fix a business that had…
How Dynolt is building India’s EV charging electronics around software instead of hardware
The Bengaluru-based company makes power converters for two-wheeler and three-wheeler chargers and battery swapping stations, and claims to have deployed more than 14,000 across India.
Ethanol, EVs must coexist in India's clean mobility transition; E20 mileage impact limited: IFGE
IFGE said India needs a diversified energy strategy comprising ethanol, electric vehicles, hybrids, CNG and hydrogen, particularly as nearly 300 million internal combustion engine (ICE) vehicles remain on the country's roads.
Ather's demand outpaces capacity as monthly pre-orders cross 50,000
Ather Energy's latest earnings call showed a sharp mismatch between demand and supply, with the electric scooter maker's monthly pre-orders crossing 50,000 while its existing capacity remains well below that level. The company is now accelerating capacity expa
Turning battery waste into strategic resources: The next opportunity for Indian industry
As EV adoption accelerates, end-of-life batteries are emerging as a strategic source of critical minerals. Building a robust battery recycling ecosystem will be key to India's resource security, manufacturing resilience, and clean energy future.
Swiggy, Zomato, Zepto May Face EV Mandate, 2% Welfare Levy In Maharashtra
New-age tech consumer tech companies like Swiggy, Zomato, Zepto, and Meesho could face higher costs in Maharashtra as the state…
Ather Jumps 17% To Lead Weekly Rally In New-Age Tech Stocks, MapmyIndia Biggest Loser
With the Q1 earnings season in full swing, investors actively traded new-age tech stocks based on the latest financial disclosures,…
AI is reimagining service companies; Ola Electric narrows loss in Q1
Northbound Advisors is building a proprietary AI tool with a partner, trained on eight years of work across diligences, CFO advisory, legal, tax and risk engagements.
Tamil Nadu Unveils ₹1 Lakh Rooftop Solar Incentive, Plans New BESS Policy and Grid Upgrades
Tamil Nadu has announced a series of clean energy measures in its 2026 State Budget, including an additional state subsidy of up to ₹1 lakh for residential rooftop solar systems under the PM Surya Ghar Muft Bijli Yojana. Alongside the rooftop solar push, the g
SECI Awards 1 GW FDRE-RTC Project At 5.25- 5.26/unit To Seven Winners
The Solar Energy Corporation of India (SECI) has recently awarded its 1,000 MW Round-the-Clock Thermal Mimic (RTC-TM) power tender to seven bidders. It awarded this tender after four months from issuing it in March this year. The tender repre
Parliamentary Panel Urges NHPC to Prioritise 20 GW PSP Pipeline, BESS Development
NHPC's 31st Report of the Committee on Public Undertakings of the 18th Lok Sabha, based on its observations, has recommended giving strategic priority to the development of Pumped Storage Projects (PSPs) and Battery Energy Storage System (BESS) projects. The r
Pace Digitek Targets 10 GWh BESS Capacity by FY27-End, Eyes Battery Cell Manufacturing
Pace Digitek has outlined an ambitious growth roadmap centred on battery energy storage systems (BESS), manufacturing expansion and technology localisation after reporting a strong start to FY27. During its Q1 FY27 earnings call, the company said it is o
Ola Electric's Q1 FY27 revenue drops 45% to Rs 455 Cr, loss narrows 22%
Electric vehicle maker Ola Electric continued to struggle during Q1 FY27 as its revenue declined 45% year-on-year. However, the Bengaluru-based company managed to narrow its losses by 22% to Rs 336 crore Ola Electric’s revenue from operations declined to
Mumbai's BEST To Procure 220 MW Solar With 440 MWh Battery Storage
Mumbai's Brihanmumbai Electric Supply and Transport (BEST) Undertaking has received approval from the Maharashtra Electricity Regulatory Commission (MERC) to procure 220 MW of solar power coupled with a 110 MW/440 MWh Battery Energy Storage System (BESS). BEST
Mobility startup E3 Electric.AI launches intelligent e-scooter E3 TRION
Bengaluru-based electric mobility startup E3 Electric.AI has launched its intelligent electric scooter, E3 TRION, which it says is designed to create a new category in the mobility space. The AI-powered E3 TRION integrates human-centric design with predictive
Servotech Plans 10X BESS Capacity Expansion in Two Years, Bets Big on Manufacturing Growth
Servotech Renewable Power System Ltd. is doubling down on battery energy storage systems (BESS), with plans to expand its production capacity tenfold over the next two years as it ramps up manufacturing capabilities to meet surging demand. Speaking during the
IEEFA-Ember Calls for Battery Storage Push to Future-Proof Delhi's Grid
Delhi's power sector is well-positioned for a clean energy transition, but scaling rooftop solar, battery energy storage systems (BESS), demand-side flexibility and electricity market reforms will be critical to meeting the capital's rapidly rising electricity
EV retrofit approvals in India: how the state scheme works (2026)
A plain-English guide to EV retrofit approval in India — which states allow it, what certification is needed, and how the economics work.
Zepto expands electric delivery fleet to 12,000 EVs across 12 cities
Quick-commerce leader Zepto doubles down on EVs — new leasing model, charging partnerships and what it signals for the fleet market.
Battery swapping vs fixed charging for fleet operators: the real decision
Battery swapping business model explained — capital cost, utilisation, and which fleets should swap vs charge.
How to raise funding for an EV startup in India (2026 playbook)
The EV funding landscape in India — who's writing cheques, what stage they fund, and how to get in front of them.
Telangana EV retrofit policy: what the approval scheme means for excavator owners
Telangana's retrofit approval process for heavy equipment — electric excavator retrofit cost, timeline and who qualifies.
LFP battery prices in India: 2026 tracker and 12-month outlook
LFP cell and pack prices in India, what's driving them down, and how battery buyers should time purchases.
EV startup funding tracker: July 2026 — the rounds that moved the needle
Every significant EV funding round in India for July 2026, with the signal each one sends about where the market is heading.
KPI Green wins 445 MW/890 MWh BESS from GUVNL; SECI Odisha storage tender opens
Gujarat's VGF-backed storage round goes to KPI Group as SECI launches a 125 MW/500 MWh standalone BESS solicitation in Odisha.
POWERGRID wins 150 MW/300 MWh BESS in APTRANSCO's 2 GWh tender
PGCIL's first BESS win under TBCB — part of Andhra Pradesh's 1,000 MW/2,000 MWh storage procurement across seven substations.
Cabinet approves ₹1,500 crore incentive scheme for critical mineral recycling
Six-year scheme targets battery waste, e-waste and end-of-life vehicle scrap — with capex and opex subsidies for recyclers.
Battery Smart's extended Series B pushes valuation to $450 million
The battery-swapping network raises $21M more as swapping consolidates in the 2W/3W commercial segment.
Kazam raises $6.2M led by IFC to scale EV charging infrastructure
The EV charging software platform powers 68,000 chargers and 5M+ sessions — now backed by the World Bank's private arm.
Ather Energy's ₹2,981 crore IPO — a muted debut after a tepid subscription
Ather's IPO subscribed 1.43x, listed at a 2.2% premium then slipped — what it says about EV valuations and the IPO market.
Magenta Mobility raises ₹100 crore pre-Series B, eyes ₹400-500 crore Series B
The Amazon/Flipkart fleet partner scales 2,700 electric 3-wheelers with bp and Morgan Stanley backing.
Exponent Energy raises ₹200 crore for 15-minute rapid charging expansion
The Ather-alumni-founded charging startup scales beyond Bengaluru and Delhi with 360 ONE Asset and TDK Ventures leading.
Budget 2025: customs duty exemption on lithium-ion battery scrap
A small line in the budget with big implications for battery recycling economics in India.
Zypp Electric raises $6.5M more in an ongoing Series C — up to $50M planned
The EV-as-a-service player targets $50M in its Series C as gig-economy delivery electrifies.
BluSmart raising $50M at $335M pre-money as EV ride-hailing scales
The EV cab operator runs 8,500 EVs and a 5,800-station charging network — now raising its Series B.
SECI awards 2 GW solar-plus-storage; Reliance's NU Suntech wins 930 MW
Reverse-auction results show solar-plus-storage tariffs at ₹3.52/kWh — the economics of pairing PV with 4-hour storage.
PM E-DRIVE: the ₹10,900 crore scheme replacing FAME — what's in, what's out
India's new EV subsidy framework: ₹10,900 crore for e-2Ws, e-3Ws, buses, ambulances, trucks and charging — but no cars.
Ola Electric's ₹6,146 crore IPO — India's largest EV listing of 2024
Ola Electric's market debut, subscription details, use of proceeds and what it signalled for the Indian EV capital markets.
SECI launches 1,000 MW/2,000 MWh standalone BESS tender — India's largest
India's biggest standalone battery storage solicitation to date, under tariff-based competitive bidding with 12-year BESPA contracts.
SUN Mobility + Bounce Infinity: 30,000 e-scooters on battery-as-a-service
India's largest battery-swap EV deployment — 600+ swap stations powering 30,000 Bounce scooters under BaaS and MaaS.