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Startup Street: Bajaj Auto invests $8 million in EV rental startup Yulu

Updated : December 18, 2019 11:25 AM IST

As the e-commerce growth in India touches new highs, so does the demand for logistics and end-to-end delivery for e-commerce marketplaces. In this crowded and competitive market, global logistics giant DHL wants to make a mark in India.

But considering the challenges from tech giant Amazon launching its own freight broking business and several domestic air carriers entering the business, what will DHL’s strategy be? CNBC-TV18’s Alisha Sachdev puts the DHL Group's CEO Frank Appel in the ‘Hot Seat’ to find out more.

Also on ‘Hot Seat’, one of India’s largest automakers, Bajaj Auto has invested $8 million in electric vehicle rental startup called Yulu. As part of the strategic partnership, Bajaj will co-design and manufacture customised electric

two-wheelers for the startup. CNBC-TV18’s Megha Vishwanath spoke to Amit Gupta, Co-founder and Ceo of Yulu to find out more.

On ‘Investor Eye’, take a look at Nazara Technologies, an interactive gaming and sports media company, which is planning to enhance its geographical expansion by targeting 20 new startups. The company has set aside $20 million to invest in startups from the gaming world across India, Africa and the Middle East. CNBC-TV18’s Jude Sannith spoke to the company's CEO Manish Agarwal on the investment game plan.
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