AUTO
TVS Srichakra Entity To Acquire 51% Stake In EV Tech Co Weber Drivetrain
TVS Srichakra Ltd has announced that its step-down wholly owned subsidiary, TVS Sensing Solutions Pvt Ltd, will acquire a 51% stake in Pune-based Weber Drivetrain Pvt Ltd, strengthening the group’s presence in electric vehicle (EV) technology. The acquisition will be carried out through a Share Purchase Agreement (SPA) signed with G-Power Energy & Technology Pvt […]
CW Bureau
·
Jul 19, 2026
STARTUP/TECHNOLOGY
Vimag Labs Secures Indian Patent For Magnet-Free Electric Motor Platform
Bengaluru-based deep-tech startup Vimag Labs has secured its fifth Indian patent for a software-defined, magnet-free electric motor platform, strengthening its intellectual property portfolio as it gears up for commercial deployments across electric mobility, industrial automation and defence applications. The newly granted patent, titled “A Robust Rotating Transformer Excited Synchronous Motor and Its Control,” covers the […]
CW Bureau
·
Jul 8, 2026
AUTO
Spiro Appoints Anant Badjatya As Group CEO To Steer African Drive
Spiro, Africa’s leading electric mobility company, has appointed Anant Badjatya as its Group Chief Executive Officer, strengthening its leadership team as it accelerates expansion across the continent’s fast-growing electric mobility sector. The appointment comes shortly after Spiro secured a landmark $215 million financing round, one of the largest investments in Africa’s electric mobility industry, positioning […]
CW Bureau
·
Jun 10, 2026
