Ola Electric to Launch E-Rickshaw, Expanding EV Portfolio

Ola Electric is set to launch its electric three-wheeler (e-rickshaw) by the end of 2024, aiming to compete with Mahindra, Piaggio, and Bajaj. The company will offer both passenger and goods carrier variants, expand its distribution network, and leverage government incentives for EV manufacturing.

LiaPlus AI Secures Rs 2 Crore Seed Funding

Customer support platform LiaPlus AI raised Rs 2 crore in a Seed round led by Inflection Point Ventures. The funds will drive product advancements, expand the team, and enhance sales strategies. LiaPlus offers AI-driven multilingual support, handling millions of calls with real-time interactions across India, Africa, and more.

Arthmate in Turmoil After Legal Battle with Gameskraft

SaaS-based lending platform Arthmate faces chaos following a two-year legal battle with Gameskraft, leading to the arrest of co-founder Vihaan Kumar and employee exits. Gameskraft accuses Kumar of financial irregularities, resulting in Rs 12.15 crore losses. Despite profitability, Arthmate struggles with fallout from the controversy.