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Startup Street: Aye Finance raises Rs 210 crore, Sun Mobility partners with IOC to set up battery swapping facilities

Updated : June 26, 2020 07:56 PM IST

Gurugram-based financial services startup Aye Finance raised Rs 210 crore in a series-E round of funding. This round was led by CapitalG, which is Google’s operated investment firm. The funding round also saw participation from Aye’s existing investors LGT Lightstone, Falcon Edge Capital and MAJ Invest and the list is quite long. With this fresh investment Aye Finance has so far raised Rs 690 crore in multiple rounds. CNBC-TV18 talks to Sanjay Sharma, MD and co-founder at Aye Finance and Sumiran Das, board member and partner at CapitalG, to know more about the startup's road ahead.

Clean energy & electric mobility platform sun mobility has partnered with India's top fuel retailer Indian Oil Corporation (IOC) to set up battery swapping facilities called quick interchange station at select fuel stations across the country. The first one was inaugurated in Chandigarh today. CNBC-TV18’s Parikshit Luthra caught up with Chetan Maini, co-founder and vice-chairman of Sun Mobility, to discuss the contours of the partnership.
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