eBikeGo’s Subsidiary Vajram Electric Acquires 40% Stake In Varcas Updated On Mon, Oct 14th, 2024 by Saurenergy eBikeGo’s subsidiary, Vajram Electric Ltd has acquired a 40% stake in Varcas Automobiles Pvt Ltd, an Electric Vehicle manufacturer based in Hyderabad. Varcas Automobiles Pvt Ltd has successfully delivered over 25,000 electric two-wheelers to date and generating a revenue of ₹110 crore. With the acquisition, Vajram Electric Ltd aims to capitalize on Varcas’ robust manufacturing […] Read more
