{"id":450404,"date":"2021-11-18T09:00:04","date_gmt":"2021-11-18T03:30:04","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=450404"},"modified":"2021-11-18T10:21:55","modified_gmt":"2021-11-18T04:51:55","slug":"bps-venture-capital-arm-looks-to-india-in-clean-mobility-drive","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/bps-venture-capital-arm-looks-to-india-in-clean-mobility-drive\/","title":{"rendered":"BP&#8217;s venture capital arm looks to India in clean mobility drive"},"content":{"rendered":"<p>BP&#8217;s venture capital division could put up to a third of its new investments into India as it looks for deals in a clean mobility drive, a managing partner at bp ventures told Reuters.<\/p>\n<p>The British oil company&#8217;s investment arm is in talks with Indian firms in areas such as electric vehicle (EV) charging infrastructure, battery swapping, energy storage, electric scooters and last mile logistics, BP&#8217;s Sophia Nadur said. <\/p>\n<p>So far, bp ventures only has one Indian investment &#8211; it put $13 million into EV ride-hailing firm BluSmart in September &#8211; and the country makes up about 2% of its $800 million portfolio. But Nadur expects to close a second deal in four months.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>BP&#8217;s venture capital division could put up to a third of its new investments into India as it looks for deals in a clean mobility drive, a managing partner at bp ventures told Reuters. The British oil company&#8217;s investment arm is in talks with Indian firms in areas such as electric vehicle (EV) charging infrastructure, battery swapping, energy storage, electric scooters and last mile logistics, BP&#8217;s Sophia Nadur said. So far, bp ventures only has one Indian investment &#8211; it put $13 million into EV ride-hailing firm BluSmart in September &#8211; and the country makes up about 2% of its [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,232],"tags":[],"class_list":["post-450404","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-power-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/450404","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=450404"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/450404\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=450404"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=450404"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=450404"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}