Deciding two connected writ petitions arising from a common Industrial Tribunal Award, the Delhi High Court set aside the Tribunal's direction granting hotel workmen a further…
EV-Charging Startup Statiq In Talks To Raise US$15-18 Mn
The article reports that Statiq, an electric-vehicle charging services startup, is in discussions to raise US$15–18 million in a funding round, potentially its Series A or strategic growth raise. It gives context: the EV-charging infrastructure sector in India is scaling with partnerships (e.g., with national oil companies) and the startup intends to use funds to expand its network, improve technology, and support MSME charge-point operators. The article emphasises that this raise would enable Statiq to capitalise on India’s EV adoption push, strengthen its competitive positioning and expand across tier-II/III towns, while also illustrating investor interest in clean-mobility infrastructure.