Tiger Global, Blume back Indian startup bringing safety — and intelligence — to EVs

Tiger Global’s latest investment in India is Vecmocon, a startup building solutions to bring safety and reliability alongside intelligence and health monitoring to light electric vehicles (EVs), addressing concerns that are curtailing the sales of electric scooters in the South Asian market.
Unlike traditional internal combustion engine (ICE) vehicles that have existed for more than 100 years, EVs are pretty new to the market. The data recently shared by the Indian government shows that the country has over 1.3 million EVs, compared to more than 278 million non-EVs. The cost of service and tur

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