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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.
Editor's note: Two developments made news in the mobility sector this week and somehow, both involved Japanese automaker Yamaha Motor Co. One, where the auto giant led a $6.5 million funding round in a little-known company, CredR; CredR is a second-hand bike platform, just about six years old, and focused entirely on the markets beyond tier-I cities. Two, according to an Entrackr report, Yamaha is in talks to acquire struggling bike and car rental platform Drivezy for about $40 million. And, to top it all, based on my conversations with multiple investors in mobility, Yamaha is also in advanced talks with the two-wheeler ride-hailing startup Rapido for a funding round. So, the obvious questions to be asked are: Why is Yamaha interested in the Indian mobility market? And why now? Let’s start with the first question. On the face of it, it may look like that the two-wheeler manufacturer is trying to keep up with the younger consumer base via these startups, which particularly cater to the young demographic— something a lot of conglomerates do. We highlighted that phenomenon when we wrote …
From delivery pods to cargo trucks, the country is going all in on self-driving vehicles.
Cheaper, high-tech cars from China have flooded the UAE auto market in the past few years—sometimes entering through the back door.
The compact SUV, which outsold Maruti Suzuki’s Wagon R, has made quite a splash in a segment that its peers have failed to crack. All in a matter of three years.
