Foxconn to make electric cars in India for Fisker

Foxconn, the maker of the iPhone in India for Apple, is set to manufacture electric cars in the country, for NYSE-listed Fisker Inc., in the next couple of years. Promoted by Henrik Fisker, renowned designer of models like BMW Z8, Aston Martin DB9, Fisker Inc will initially set up a technology centre in Hyderabad, with a roster of over 300 engineers, and within two years, in a manufacturing alliance with Foxconn, make the electric ‘global vehicle’ Pear in India.

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India’s Zomato invests $20M to acquire minority stakes in AdOnMo, UrbanPiper-Business Journal

February 3, 2022

Food delivery unicorn Zomato has signed definitive documents to acquire minority stakes in two start-ups — UrbanPiper and AdOnMo — for an aggregate value of $20 million, according to the company’s latest filing with the BSE. The restaurant aggregator said it will invest $5 million in UrbanPiper for a 5% stake as part of a larger $24-million round. UrbanPiper operates a B2B software platform that acts as a middle layer between restaurants and food ordering and delivery players.

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Bharat Petroleum unites all businesses through a single, shared customer view with Salesforce

February 3, 2022

Bharat Petroleum Corporation India Limited (BPCL) is powering India’s economy in multiple ways. Over 8.5 crore families depend on the company’s 6,500+ LPG distributors to supply their homes with cooking gas. About 1 crore vehicles tank up every day at one of BPCL’s 18,000+ petrol pumps. And more than 50 airports use the company’s high-quality products to fuel their aircraft. The Fortune 500 ‘Maharatna’ conglomerate also serves 8000+ industrial and commercial customers across multiple sectors like Cement, Railways, Paints, and Petrochemicals. In short, its scale and reach are immense.

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