[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"$fjnKX72BiLw-CiZZ5MQCs0a0C_bANyAZUVd6PqPzBgJg":3,"article-oben-electric-secures-inr-85cr-in-pre-series-b-funding-round":142,"$f-j9YGNBwRSSL7SH4JzUpRZrBt_Eb-enBkRymgC2HvJg":167,"$fzgh9HMZBeog6YYmi6_wf9F1_8E0448vNEX9r4SOC_2g":208,"$fx0Dz-WUAXgaGJDFKp5JoFihuourpw4oC0uNO6EDK9Y8":214,"$fBs-3dKXserit54u6K6tjeid5TCkHQqDr9_Bj5KlRb7I":246},{"data":4,"links":79,"meta":84},[5,13,19,25,31,37,43,49,55,61,67,73],{"title":6,"slug":7,"excerpt":8,"imageUrl":9,"publishedAt":10,"author":11,"category":12},"Comau Signs Deal to Acquire Invent Smart Intralogistics Solutions   ","comau-signs-deal-to-acquire-invent-smart-intralogistics-solutions","Comau strengthens its global intralogistics presence by acquiring Brazil-based Invent, integrating AI-driven software with its automation ecosystem.","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FMay2026\u002Fnews\u002Fcomau-signs-deal-to-acquire-invent-smart-intralogistics-solutions-OS122O.jpeg","2026-05-28T02:18:04+05:30","MWM Desk","News",{"title":14,"slug":15,"excerpt":16,"imageUrl":17,"publishedAt":18,"author":11,"category":12},"IPCO Celebrates Sandvik Process Systems Heritage at 125","ipco-celebrates-sandvik-process-systems-heritage-at-125","Join IPCO in celebrating 125 years of engineering excellence. Discover how a legacy of steel belt innovation continues to shape global industrial processes.","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FMay2026\u002Fnews\u002Fipco-celebrates-sandvik-process-systems-heritage-at-125-oMgMoA.jpg","2026-05-26T21:31:26+05:30",{"title":20,"slug":21,"excerpt":22,"imageUrl":23,"publishedAt":24,"author":11,"category":12},"Centric Software Enables Groupe GODET to Structure and Scale Complex Technical Product Data","centric-software-enables-groupe-godet-to-structure-and-scale-complex-technical-product-data","Discover how Groupe GODET scales its complex technical catalog with Centric Software’s PXM solution to drive digital transformation and growth.","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FMay2026\u002Fnews\u002Fcentric-software-enables-groupe-godet-to-structure-and-scale-complex-technical-product-data-2cP5Cb.jpeg","2026-05-26T20:59:42+05:30",{"title":26,"slug":27,"excerpt":28,"imageUrl":29,"publishedAt":30,"author":11,"category":12},"SUBCON Thailand 2026 Hits US$ 705 Million in Parts Trade","subcon-thailand-2026-hits-us-705-million-in-parts-trade","Discover how SUBCON Thailand 2026 drove $705M in industrial trade, connecting global manufacturers with top Thai suppliers in key sectors.","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FMay2026\u002Fnews\u002Fsubcon-thailand-2026-hits-us-705-million-in-parts-trade-s4mwHD.jpg","2026-05-26T01:52:55+05:30",{"title":32,"slug":33,"excerpt":34,"imageUrl":35,"publishedAt":36,"author":11,"category":12},"ANSCER Robotics Secures US $5.4 M Led by IAN Alpha Fund","anscer-robotics-secures-us-54-m-led-by-ian-alpha-fund","ANSCER Robotics raises $5.4M to scale its AI-native warehouse automation platforms globally. See how they are redefining supply chains.","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FMay2026\u002Fnews\u002Fanscer-robotics-secures-us-54-m-led-by-ian-alpha-fund-iIkfI8.jpg","2026-05-26T01:28:52+05:30",{"title":38,"slug":39,"excerpt":40,"imageUrl":41,"publishedAt":42,"author":11,"category":12},"Belrise Industries Delivers Strong FY26 Earnings and Strategic OEM Wins","belrise-industries-delivers-strong-fy26-earnings-and-strategic-oem-wins","Belrise Industries reports strong FY26 results with a 41% jump in net profit and major global acquisitions in the aerospace manufacturing sector.","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FMay2026\u002Fnews\u002Fbelrise-industries-delivers-strong-fy26-earnings-and-strategic-oem-wins-iXDbRw.jpg","2026-05-25T18:53:18+05:30",{"title":44,"slug":45,"excerpt":46,"imageUrl":47,"publishedAt":48,"author":11,"category":12},"Covestro, EMPTECH Partner on High-Security ID Solutions ","covestro-emptech-partner-on-high-security-id-solutions","Covestro and EMPTECH join forces to develop high-security ID document solutions, combining advanced material science with personalization technology.","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FMay2026\u002Fnews\u002Fcovestro-emptech-partner-on-high-security-id-solutions.jpg","2026-05-25T00:53:14+05:30",{"title":50,"slug":51,"excerpt":52,"imageUrl":53,"publishedAt":54,"author":11,"category":12},"Castrol India Appoints Anoop Jindal as Vice-President B2B Sales","castrol-india-appoints-anoop-jindal-as-vice-president-b2b-sales","Castrol India elevates Anoop Jindal to Vice President of B2B Sales for OEM & South Asia, effective June 2026. Discover his impact.","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FMay2026\u002Fnews\u002Fcastrol-india-appoints-anoop-jindal-as-vice-president-b2b-sales.jpg","2026-05-24T21:06:54+05:30",{"title":56,"slug":57,"excerpt":58,"imageUrl":59,"publishedAt":60,"author":11,"category":12},"Exel Composites, De Angeli Prodotti Advance European Grid Modernization   ","exel-composites-de-angeli-prodotti-advance-european-grid-modernization","Discover how Exel Composites and De Angeli Prodotti are upgrading aging European power grids using innovative carbon fiber tech to double transmission capacity.","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FMay2026\u002Fnews\u002Fexel-composites-de-angeli-prodotti-advance-european-grid-modernization.jpg","2026-05-24T18:05:23+05:30",{"title":62,"slug":63,"excerpt":64,"imageUrl":65,"publishedAt":66,"author":11,"category":12},"Man Industries Completes US$ 102M Acquisition of Saudi Pipe Manufacturer NPC","man-industries-completes-us-102m-acquisition-of-saudi-pipe-manufacturer-npc","Man Industries expands its global footprint with a US$ 102M acquisition of Saudi-based National Pipe Co. Read the full details here.","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FMay2026\u002Fnews\u002Fman-industries-completes-us-102m-acquisition-of-saudi-pipe-manufacturer-npc.jpg","2026-05-24T15:14:33+05:30",{"title":68,"slug":69,"excerpt":70,"imageUrl":71,"publishedAt":72,"author":11,"category":12},"VDMA India Members Expect Sustained Revenue Growth in India","vdma-india-members-expect-sustained-revenue-growth-in-india","VDMA India’s latest survey reveals robust growth for machinery firms. Explore how domestic demand and industrial policy are driving success.","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FMay2026\u002Fnews\u002Fvdma-india-members-expect-sustained-revenue-growth-in-india.jpeg","2026-05-24T14:44:59+05:30",{"title":74,"slug":75,"excerpt":76,"imageUrl":77,"publishedAt":78,"author":11,"category":12},"Advait Energy Transitions, TECO Fuel Cell Technology Sign MoU at India-Nordic Summit","advait-energy-transitions-teco-fuel-cell-technology-sign-mou-at-india-nordic-summit","Advait Energy Transitions and Norway’s TECO Fuel Cell Technology sign a landmark MoU to manufacture hydrogen fuel cells in India.","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FMay2026\u002FEsiBQ6tM9acM3NhWbEl0.jpeg","2026-05-19T23:27:04+05:30",{"first":80,"last":81,"prev":82,"next":83},"https:\u002F\u002Fdata.magicwandmedia.in\u002Fapi\u002Fnews?page=1","https:\u002F\u002Fdata.magicwandmedia.in\u002Fapi\u002Fnews?page=119",null,"https:\u002F\u002Fdata.magicwandmedia.in\u002Fapi\u002Fnews?page=2",{"current_page":85,"from":85,"last_page":86,"links":87,"path":139,"per_page":140,"to":140,"total":141},1,119,[88,91,94,97,101,105,109,113,117,121,125,129,131,135,137],{"url":82,"label":89,"page":82,"active":90},"« Previous",false,{"url":80,"label":92,"page":85,"active":93},"1",true,{"url":83,"label":95,"page":96,"active":90},"2",2,{"url":98,"label":99,"page":100,"active":90},"https:\u002F\u002Fdata.magicwandmedia.in\u002Fapi\u002Fnews?page=3","3",3,{"url":102,"label":103,"page":104,"active":90},"https:\u002F\u002Fdata.magicwandmedia.in\u002Fapi\u002Fnews?page=4","4",4,{"url":106,"label":107,"page":108,"active":90},"https:\u002F\u002Fdata.magicwandmedia.in\u002Fapi\u002Fnews?page=5","5",5,{"url":110,"label":111,"page":112,"active":90},"https:\u002F\u002Fdata.magicwandmedia.in\u002Fapi\u002Fnews?page=6","6",6,{"url":114,"label":115,"page":116,"active":90},"https:\u002F\u002Fdata.magicwandmedia.in\u002Fapi\u002Fnews?page=7","7",7,{"url":118,"label":119,"page":120,"active":90},"https:\u002F\u002Fdata.magicwandmedia.in\u002Fapi\u002Fnews?page=8","8",8,{"url":122,"label":123,"page":124,"active":90},"https:\u002F\u002Fdata.magicwandmedia.in\u002Fapi\u002Fnews?page=9","9",9,{"url":126,"label":127,"page":128,"active":90},"https:\u002F\u002Fdata.magicwandmedia.in\u002Fapi\u002Fnews?page=10","10",10,{"url":82,"label":130,"active":90},"...",{"url":132,"label":133,"page":134,"active":90},"https:\u002F\u002Fdata.magicwandmedia.in\u002Fapi\u002Fnews?page=118","118",118,{"url":81,"label":136,"page":86,"active":90},"119",{"url":83,"label":138,"page":96,"active":90},"Next »","https:\u002F\u002Fdata.magicwandmedia.in\u002Fapi\u002Fnews",12,1418,{"data":143},{"id":144,"title":145,"slug":146,"excerpt":147,"content":148,"imageUrl":149,"socialImageUrl":150,"publishedAt":151,"author":11,"category":12,"likes":152,"summary":153,"captionLinkedin":154,"captionTwitter":155,"captionInstagram":156,"seo":157,"prevPost":159,"nextPost":163},1267,"Oben Electric Secures INR 85Cr in Pre-Series B Funding Round","oben-electric-secures-inr-85cr-in-pre-series-b-funding-round","Oben Electric secures INR 85Cr in Pre-Series B funding to accelerate expansion, scale its dealership network, and drive EV innovation.","\u003Cp>\u003Cimg style=\"float: left\" src=\"https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FDecember2025\u002F(L-R)_Mr. Sagar Thakkar, Co-founder & CPO at Oben Electric_Ms. Madhumita Agrawal, Founder & CEO at Oben EV_Mr. Dinkar Agrawal, Founder, CTO & COO at Oben Electric.jpg\" alt=\"\" width=\"251\" height=\"167\" \u002F>Oben Electric, India’s homegrown and R&D-driven electric motorcycle manufacturer, announced the successful raise of INR 85 crore in its Pre-Series B round. The round saw participation from multiple renowned Indian American family offices including Raj K Soin, Musa Dakri, Ramesh Bhutada, and other existing investors. The funding reflects strong investor confidence in Oben Electric’s vision, engineering depth, market traction & customer trust, which is demonstrated by its 10X revenue growth in the past 12 months.\u003C\u002Fp>\r\n\u003Cp>The investment comes at a pivotal moment as the company is set to achieve INR 100 crore revenue in FY26 and COGS break even by March 2026, signaling strong operational discipline. The company targets EBITDA break-even by 2027 as the company scales to 150 exclusive showrooms & service centers by March 2026 and 500 showrooms in the next 2 years, driven by customer validation and strong dealership interest. It continues to see strong dealer confidence, reflected in high-quality dealership applications and repeat interest from existing dealers as they turn profitable.\u003C\u002Fp>\r\n\u003Cp>The new capital will drive Oben Electric’s next phase of growth by scaling its distribution network and increasing brand awareness. Simultaneously, the company will also accelerate new product developments and product launches.\u003C\u002Fp>\r\n\u003Cp>Built on a foundation of deep vertical integration, Oben Electric is focused on further optimizing its bill of materials through design improvements, enhancing production efficiency, and scaling manufacturing for long-term sustainability. In 2025, Oben Electric also expanded its sales channels to digital commerce platforms, making its motorcycles available on Amazon and Flipkart. The move has broadened customer accessibility and contributed to sustained demand across both retail and digital touchpoints. Oben Electric currently operates 85+ showrooms across 70+ cities in 18+ states.\u003C\u002Fp>\r\n\u003Cp>Commenting on the fundraise, Madhumita Agrawal, Founder & CEO, Oben Electric, said, “This fundraise is a strong validation of investor confidence in Oben Electric’s operating momentum, capital discipline, and growth roadmap. This new funding gives us clear visibility and confidence to achieve COGS break-even by March 2026, an important milestone for any EV OEM operating at scale. As we expand our distribution footprint, backed by growing customer validation and deepening dealer interest, we are well poised to progress toward EBITDA break-even in 2027. We remain focused on scaling sustainably while building a category-defining electric motorcycle company from India.”\u003C\u002Fp>\r\n\u003Cp>Raj K Soin, Chairman and CEO, Soin International and Ex-Founder, MTC Technologies (USA), stated, “When I met Madhumita and Dinkar Agrawal, I was very favorably impressed by their plans and focus towards building an independent e-motorbike company. When I visited the manufacturing facility, I was very impressed by their operation and extreme focus towards quality and processes. It was a combination of these factors and a large unfilled market for e-bikes that led me to invest in their company.”\u003C\u002Fp>\r\n\u003Cp>Musa Dakri, Founder & Chairman, Wallis Bank (USA), commented, “The electric two-wheeler segment is expanding significantly. Awareness around pollution, climate change, and sustainable mobility provides a continued push for EV products. We believe Oben Electric is positioned well to grow—quietly, powerfully, sustainably.”\u003C\u002Fp>\r\n\u003Cp>Ramesh Bhutada, Founder, Star Pipe Products (USA), added, “We decided to invest because Oben is managed by passionate and capable leadership who believes in offering a first-ever eco-friendly EV motorcycle to the common man in India. We see tremendous potential for this venture.”\u003C\u002Fp>\r\n\u003Cp>Earlier this year, Oben Electric introduced the Rorr EZ Sigma, its next-gen city commuter motorcycle designed for enhanced everyday usability. With features like reverse mode, refined ergonomics, and a connected color TFT display with smart features, the model has received overwhelmingly positive feedback from customers for its comfort, ease of use, and smart functionality.\u003C\u002Fp>\r\n\u003Cp>Oben Electric’s competitive advantage lies in its vertically integrated manufacturing ecosystem, covering in-house design, development, and manufacturing end-to-end of LFP batteries, motors, chargers, and TFT displays from its 3.5-acre integrated manufacturing facility in Bengaluru.\u003C\u002Fp>\r\n\u003Cp>With this Pre-Series B infusion, Oben Electric’s total funding till date rises to INR 285 crore. Further, the company is in active conversations to close its Series B.\u003C\u002Fp>\r\n\r\n\u003Cp>For more information: \u003Cstrong>www.obenelectric.com\u003C\u002Fstrong>\u003C\u002Fp>","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FDecember2025\u002FRbp8mE6UvAgfuVKRFMxX.jpg","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fsocial\u002Fhorizontal\u002Fposts\u002FDecember2025\u002FRbp8mE6UvAgfuVKRFMxX.jpg","2025-12-18T19:40:13+05:30",0,"Oben Electric raised INR 85 crore in Pre-Series B funding from prominent Indian American family offices.\nThe company plans to scale its network to 500 showrooms within the next two years.\nRevenue growth hit 10X in the last 12 months with EBITDA break-even targeted for 2027.","Big moves in the Indian EV space! Oben Electric has successfully closed an INR 85 crore Pre-Series B funding round, marking a significant milestone for the homegrown motorcycle manufacturer. With 10X revenue growth over the past year and a strategic roadmap to achieve COGS break-even by March 2026, Oben is proving that vertical integration and operational discipline are key to sustainable EV success. The fresh capital will fuel their aggressive expansion plans, targeting 500 showrooms nationwide and accelerating new product development. Backed by marquee international investors, the brand is setting a new benchmark for quality and market traction. How do you see the electric two-wheeler market evolving as these players scale? Let us know in the comments. #ObenElectric #EVIndustry #CleanMobility #StartupFunding","Big boost for sustainable mobility! ⚡ Oben Electric secures INR 85Cr in Pre-Series B funding to scale its manufacturing and expand to 500+ showrooms. A major win for India’s EV ecosystem! #ObenElectric #EVTech","Big news for the EV world! ⚡️ Oben Electric has just raised INR 85 crore to fuel their mission of powering India’s roads with sustainable motorcycles. 🏍️💨 With 10X revenue growth in just a year and a plan to hit 500 showrooms soon, they are definitely a brand to watch. Whether it’s their focus on R&D or their recent launch on platforms like Amazon and Flipkart, Oben is making it easier than ever to switch to electric. Exciting times ahead for the future of commuting! 🌍✨ What’s your take on the shift to electric motorcycles? Drop a comment below! 👇 #ObenElectric #ElectricMotorcycle #SustainableTravel #EVIndia #CleanEnergy #StartupGrowth #GreenCommute",{"title":145,"description":147,"keywords":158},"oben electric, ev funding, electric motorcycle, india startups, pre-series b, sustainable mobility, electric two-wheelers, ev manufacturing",{"title":160,"slug":161,"imageUrl":162},"VDMA South India Meet Brings Industry Leaders Together in Coimbatore","vdma-south-india-meet-brings-industry-leaders-together-in-coimbatore","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FDecember2025\u002FIRQsLIofDeTza8Sj1OiN.JPG",{"title":164,"slug":165,"imageUrl":166},"HANNOVER MESSE 2026 Lines Up Global Leaders on Center Stage","hannover-messe-2026-lines-up-global-leaders-on-center-stage","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FDecember2025\u002FxiE634M69cdMxif1vgPh.jpg",{"data":168,"links":173,"meta":177},[169],{"title":170,"youtubeUrl":171,"createdAt":172},"What’s Headlining at the Jyoti CNC Automation Ltd. 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