You are currently viewing Startup news and updates: Daily roundup (Feb 20, 2024)

Startup news and updates: Daily roundup (Feb 20, 2024)


Zoomcar and SPARKCARS partner to raise EV car adoption in self-drive space 

Zoomcar and SPARKCARS have forged a transformative partnership to raise EV car adoption in the self-drive space.

As the rental market undergoes continuous transformation, this collaboration aims to boost the availability of electric vehicles (EVs) for self-drive, catering to the increasing demand for convenient and autonomous travel. Additionally, it represents a strategic initiative to raise awareness about the heightened economic value for EV hosts within the thriving rental economy.

Zoomcar and SPARKCARS plan to add over 1,000 electric vehicles to Zoomcar’s platform in India within the next two years, featuring popular models like the TATA Nexon, Mahindra XUV 400, Citroen eC3, among others, offering users a diverse range of eco-friendly mobility options.

Contrasted with conventional Internal Combustion Engine (ICE) counterparts, hosts providing EV rentals yield a higher economic benefit by capitalising on high demand, special pricing and low operating costs due to minimal maintenance requirements. 

Flexible workspace segment expects a rise of 10-15 % in rentals in 2024

The landscape of work has undergone a seismic transformation due to the lasting effects of the COVID-19 pandemic, prompting a significant shift towards hybrid, remote, and flexible work setups. Major IT giants such as WIPRO, TCS, Tech Mahindra, and Infosys exemplify this shift with a clear inclination towards returning to office environments.

coworking space

Paras Arora, Founder & CEO of Qdesq, one of the leading figures in the commercial real estate industry says, “2024 brings a renewed sense of enthusiasm and a changing work environment. As we navigate this dynamic landscape, it is crucial to grasp the significant changes post-COVID-19.”

Arora emphasises the impact of Return to Office trends on businesses of all sizes, leading to the widespread adoption of hybrid, work-from-office (WFO), and flexible working arrangements. The Flex Predictions for 2024 provide insights into the evolving patterns in working spaces, reflecting the shifting paradigms of how we collaborate and work.

ZeeVee partners with Alphatec to accelerate expansion in India

ZeeVee, a prominent AV distribution technology provider based in the United States, has revealed its ongoing growth initiatives in the Indian market. In collaboration with Alphatec, the strategic partnership is focused on streamlining AV installations in India through cutting-edge AVoIP and RF products. This collaboration signifies a noteworthy achievement in ZeeVee’s dedication to providing inventive AV solutions across a variety of sectors.

The ZeeVee and Alphatec partnership is set to serve a wide range of target markets, encompassing corporate settings, healthcare establishments, government entities, educational institutions, entertainment venues, and beyond.

Talking about ZeeVee collaboration with Alphatec, Rajesh Patkar, ZeeVee India Country Manager, stated, “Our collaboration with Alphatec signifies a strategic alignment of our objectives to provide cutting-edge AV solutions to the Indian market. Alphatec’s extensive reach and expertise complement ZeeVee’s innovative product offerings, enabling us to better serve our customers and drive growth in India.”



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