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Voler Cars, a profitable and debt-free employee transportation service provider, is set to go public, emphasizing financial transparency and sustainable growth. With a fleet of 2,500 pooled cars and partnerships with Fortune 500 clients, the company aims for 30% annual growth while maintaining an asset-light model to adapt to market trends. Key targets include expanding into new cities and enhancing technology for operational excellence.
The electronics sector is set to experience significant job growth due to the new Production-Linked Incentive (PLI) scheme, as highlighted by Ashwini Vaishnaw. This initiative aims to bolster employment opportunities and enhance the industry's overall development.
Paytm has divested a 12.75% stake in Jugnoo for INR 3 crore. This move reflects Paytm's ongoing strategy to streamline its investments and focus on core business areas. The transaction highlights the evolving landscape of investments in the Indian startup ecosystem.
The Electronics PLI scheme has received strong support, marking a significant step towards achieving a $500 billion mission. This initiative aims to bolster the electronics manufacturing sector, driving growth and innovation in the industry.
BluSmart faces new challenges as Refex has withdrawn from Gensol's plan to acquire an electric vehicle fleet. This development raises concerns about the future of BluSmart's operations and its position in the evolving EV market.
Voler Cars, a profitable and debt-free employee transportation service provider, is set to go public, emphasizing financial transparency and sustainable growth. With a scalable, asset-light model and a strong client base including Fortune 500 companies, Voler aims for 30% annual growth while expanding into new cities and enhancing technology. The company maintains a 70%+ cab occupancy rate through intelligent routing, differentiating itself from competitors by focusing exclusively on B2B services.
On March 28, Goldman Sachs acquired shares worth ₹281 crore in HAL and Zomato, purchasing 3.85 lakh and 60.07 lakh shares, respectively, at prices ranging from ₹199.5 to ₹4,176.25. The deal, valued at ₹280.96 crore, coincided with Kadensa Capital selling the same number of shares. In the broader market, domestic equity benchmarks closed lower amid investor caution over US tariffs and upcoming PCE data, with the BSE benchmark Sensex gaining over five percent in FY25 despite a volatile trading environment.
Elon Musk recently discussed his various roles and the developments in DOGE, while Vikas Parasrampuria of Voler Cars highlighted the company's asset-light model and growth strategy. Voler, a leading employee transportation service, aims for 30% YoY growth and plans to expand into new cities while maintaining a debt-free status and strong cash reserves. The company differentiates itself from competitors by focusing exclusively on B2B services, ensuring high service uptime and operational efficiency.
Voler Cars, a profitable and debt-free employee transportation service provider, is set to go public, emphasizing financial transparency and sustainable growth. With a fleet of 2,500 pooled cars and a focus on corporate clients, the company aims for 30% annual growth while maintaining an asset-light model to adapt to market trends. Key clients include Fortune 500 companies, and Voler plans to expand into new cities and enhance technology for operational excellence.
On April 2, President Trump is expected to implement significant reciprocal tariffs on 15-25 countries, potentially using Section 338 of the Tariff Act of 1930 or the International Emergency Economic Powers Act. These tariffs may target nations with large trade deficits with the U.S. and high trade barriers, including China, the EU, India, Canada, and Japan. Barclays anticipates that real negotiations will commence post-April 2, warning of prolonged trade tensions ahead.
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Voler Cars poised for growth with transparent IPO strategy and strong financials
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02:08 29.03.2025
electronics sector poised for significant job growth under new pli scheme
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Paytm divests 12.75 percent stake in Jugnoo for three crore rupees
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electronics pli scheme receives approval for ambitious 500 billion dollar goal
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bluSmart faces challenges as Refex halts Gensol EV fleet acquisition plan
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Voler Cars poised for growth with transparent IPO strategy and strong financials
17:38 28.03.2025
Goldman Sachs completes block deal acquiring HAL and Zomato shares
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Voler Cars poised for growth with transparent IPO strategy and strong financials
15:56 28.03.2025
Voler Cars poised for growth with transparent IPO strategy and strong financials
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15:54 28.03.2025
barclays predicts significant tariffs on multiple countries starting april 2
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15:39 28.03.2025
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