April 2023
4 briefs archived this month.
- Startup
Volvo Trucks Delivers 325th Tractor to Delhivery, Signs Deal for 200 More
Volvo Trucks India, a division of VE Commercial Vehicles, has delivered its 325th FM 4x2 tractor-trailer solution to logistics major Delhivery. During the handover event, Delhivery signed a new Letter of Intent to procure an additional 200 Volvo FM 4x2 tractor units to support its express and B2B supply chain operations. The milestone handover was led by Roger Alm, Executive Vice President of Volvo Group and President of Volvo Trucks. The ongoing fleet expansion focuses on improving turnaround times, road safety, and fuel efficiency across Delhivery's express delivery network.
Apr 28 · Indianweb2.com
- Startup
Joy E-Bike Starts Deliveries of MIHOS Scooter and Joy E-Rik
Electric vehicle manufacturer Wardwizard Innovations and Mobility has commenced customer deliveries of its new electric two-wheeler MIHOS and electric three-wheeler Joy e-rik under the Joy e-bike brand. The initial rollout began across Gujarat and Maharashtra, with a delivery batch of over 150 MIHOS electric scooters and 50 Joy e-rik three-wheelers. The Vadodara-based mobility firm plans to gradually expand deliveries to additional cities and states in upcoming phases. The initiative aims to accelerate the adoption of indigenous electric vehicles across personal and commercial urban mobility segments in western India.
Apr 24 · indianweb2.com
- Startup
Ashok Leyland Launches Re-AL Marketplace for Used Commercial Vehicles
Commercial vehicle manufacturer Ashok Leyland has launched Re-AL, a dedicated digital e-marketplace designed for buying and selling used commercial vehicles. Unveiled by MD & CEO Shenu Agarwal and President Sanjeev Kumar, the platform enables commercial vehicle owners to exchange older fleet units and upgrade to newer Ashok Leyland trucks and buses. Re-AL is aimed at standardizing documentation, bringing price transparency to India's largely unorganized pre-owned commercial vehicle market, and providing verified vehicle inspections to institutional and individual fleet operators.
Apr 13 · Indianweb2.com
- Startup
ICICI Bank Rolls Out EMI Facility for UPI QR Code Payments
ICICI Bank has launched an equated monthly installment facility for Unified Payments Interface payments made by scanning merchant QR codes. The first-of-its-kind offering is accessible to pre-approved customers eligible for the private lender's PayLater buy now, pay later credit service. Users can convert transactions instantly into flexible EMI tenures of three, six, or nine months during checkout. ICICI Bank introduced this feature to enhance customer affordability and digitize high-ticket retail purchases without physical credit cards. The integration deepens consumer credit adoption across India’s rapidly growing retail merchant UPI network and payment infrastructure.
Apr 12 · indianweb2.com