Electric Vehicle

Blume-backed EV financing startup Ohm Mobility shuts down

Blume-backed EV financing startup Ohm Mobility shuts down

25 Jul 2025, 15:53 PM

Announcing the development, Ohm Mobility founder said the company is winding down operations after it failed to scale and sustain the business.

Fintech Highlights

  1. Motilal Oswal Mutual Fund hikes stake in Paytm

  2. Kiwi raising Series B funding led by Vertex

  3. Kissht files draft paper for IPO, eyes Rs 1,000 crore via fresh issue

  4. Weaver to raise $170 million from Lightspeed, Premji Invest, Gaja Capital

  5. Westbridge Capital-backed Credgenics acquires Arrise
  6. Read more news...

AI/Emerging Tech

  1. HDFC Bank invests in conversational AI company CoRover

  2. Nvidia developing new, more powerful AI chip than H20 for China

  3. OpenAI launches new subscription plan in India at Rs 399 per month

  4. OpenAI employees looking to sell shares worth $6 billion to Softbank, others

  5. xAI co-founder Igor Babuschkin steps down to launch own venture
  6. Read more news...

Editor's Pick

  1. Pine Labs IPO Playbook: Between DRHP Gloss and Ground Reality

  2. Complaint filed with SEBI against hBits over disclosure concerns amid family feud

  3. RBI vs Government: The battle over India’s digital payments ecosystem explained