Plugzmart Plugs Into History, Ola’s Roadster X, and Zolo Exits Student Housing

Chennai’s Plugzmart just plugged into history with ARAI’s nod for its made-in-India EV charger tech, while Ola revs up deliveries of its Roadster X bikes across the country. MoEngage is eyeing a homecoming with its ‘Desh Wapsi’ move to India, and Delhi women might soon ride greener with a ₹30K EV subsidy. Meanwhile, Zolo exits student housing in a ₹108 Cr deal to refocus its game, and Amazon-backed More Retail gears up for a public debut. Besides, there’s also Startup Spotlight to savor.

Grab your simmering cup of StartupChai.in and unwind with our hand-brewed memes.

“Aim For The Moon, Shoot For Stars”: Plugzmart becomes first Indian startup to get ARAI nod for indigenous EV charger tech

Chennai-based Plugzmart just made history as the first Indian startup to get ARAI’s nod for its homegrown EV charger tech.

Built for heavy vehicles, the charger comes packed with an in-house controller and PLC modules. It’s a quiet but powerful milestone for India’s EV infrastructure story.

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“Mai Wapas Aaunga”: ‘Desh Wapsi’ As MoEngage Looks To Move Domicile To India

In a quiet turn of events, customer engagement platform MoEngage is reportedly planning a ‘Desh Wapsi’—moving its domicile from San Francisco back to India.

Backed by Goldman Sachs, the company is said to be in talks with advisors and bankers to iron out the transition. The move signals a growing trend among Indian-origin startups reconsidering their global footing in favor of home soil.

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“Subsidy Ka Chaska”: Delhi women may get ₹30K subsidy on e-vehicles

Delhi’s new EV draft policy has a spark for women riders—offering up to ₹30,000 in subsidies on electric two-wheelers.

The catch? It’s only for the first 10,000 women with valid driving licences. It’s a limited-time nudge towards cleaner, quieter streets—powered by inclusion.

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“Ab Hogi Kranti”: Amazon-Backed More Retail Plans IPO Next Year

Amazon-backed More Retail is gearing up for an IPO next year, eyeing a bigger bite of India’s grocery pie.

With 775 stores already in tow and a hybrid online-offline model, the supermarket chain wants to scale further. Looks like the kirana aisle is about to get a stock market upgrade.

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“Enna Rascala, Mind It”: Ola Electric Rolls Out Roadster X Bike From Tamil Nadu Plant

Ola Electric has rolled out its Roadster X series straight from its Tamil Nadu plant, aiming for nationwide deliveries by month-end.

Prices start at ₹84,999 and rev up to ₹1.84 lakh, depending on the battery pack. With this, Ola isn’t just selling bikes—it’s charging up India's two-wheeler game.

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“Kar Chale Hum Vida”: Zolo Sells Student Accommodation Business For INR 108 Cr

Zolo has officially exited the student housing space, selling the vertical to Good Host Spaces for ₹108 Cr.

Most of the deal—₹97 Cr—comes in cash, with the rest in convertible debentures. The move lets Zolostays sharpen its focus and chase broader growth beyond campus walls.

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1. Southern California’s Expert Dojo is bringing $15 million to the Indian startup table from its new $100 million global fund. The early-stage VC aims to back bold ideas and scale them across borders.
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“Khao, Piyo, Ash Karo Mitron”: Aquapeya Disrupts India’s Beverage Industry

Aquapeya, the brainchild of FMCG-savvy brothers Tushar and Ravi Mundada, is shaking up the Indian beverage scene with automation, grassroots hustle, and a bold vision.

Their Shark Tank pitch snagged ₹70L for 3% equity—just before a Bisleri lawsuit rained on the parade over lookalike packaging. But legal clouds aside, the Maharashtra-based brand is eyeing ₹20 crore in revenue by 2025, backed by 10,000 outlets and a thirst for nationwide expansion.

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