Riverwood Capital

HY-Tech Engineers, a four-decade-old hydraulic fittings manufacturer, has filed its draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (SEBI). The company, promoted by the Mondkar family, is seeking to raise funds through a combination of a fresh issue and an offer for sale (OFS), with the proceeds earmarked for capacity […]

India’s fast-emerging maternity and postpartum wear brand, House of Zelena (HOZ), has secured INR 7 crore (USD 8,00,000) in a seed funding round co-led by Sprout Venture Partners and M Venture Partners, with participation from GSF and a group of angel investors. This round brings HOZ’s total funding to USD 1.2 million (~INR 10.59 crore),

Jaipur-based non-banking financial company (NBFC) SK Finance has announced a good set of numbers for the first quarter of FY26. The company has posted a net profit of INR 87.59 crore, up 30% year-on-year (YoY) from INR 67.42 crore in the same quarter last year. Total income for the quarter ended on 30 June 2025

India has rolled out its biggest tax overhaul since GST in 2017. Dubbed GST 2.0, it simplifies the earlier four-slab structure (5%, 12%, 18%, 28%) into a two-slab structure of 5% and 18% with a special 40% slab for sin and luxury goods. Compensation cess has been scrapped, a long-pending demand of businesses. Effective from

The Indian equity market has seen a rise in thematic indices that allow investors to track specific segments of the economy. Among them, the Nifty MNC Index has established itself as a unique benchmark, designed to capture the performance of multinational companies (MNCs) with foreign promoter shareholding exceeding 50%. These businesses typically bring global expertise,

In a breakthrough that could change the face of renewable energy, researchers at IIT Madras have developed a method to generate hydrogen from seawater using solar energy. Published in ACS Applied Energy Materials and led by Professor Ramaprabhu Sundara from the Department of Physics, this solves the long-standing problems of hydrogen electrolysis – freshwater dependence,

Dev Accelerator IPO Description – Dev Accelerator is among the leading flexible workspace operators in India, particularly in Tier 2 markets, where it ranks as one of the largest players in terms of operational flex. Established as a comprehensive workspace solutions provider, the company has built a strong presence across 11 key Indian cities, including

Bengaluru-based healthtech startup PlatinumRx has raised INR 52.86 Cr in its Series A round led by Stellaris Venture Partners, with participation from existing investor India Quotient. PlatinumRx Series A funds will be used to expand its fulfilment centres (or “dark stores“), strengthen its supply chain and build out its product, technology and brand teams. Disrupting

Star Localmart, the retail arm of Sanjay Ghodawat Group (SGG), has acquired Bengaluru-based DusMinute, a gated-community retail chain. The deal is for undisclosed amount and takes Star Localmart’s network to 170 stores and makes it India’s leading regional retailer. A Game Changer in Indian Retail With DusMinutes acquisition, Star Localmart consolidates its presence in tier-II

Greenzo Energy India has bagged a historic order from Jindal Stainless (JSL), India’s largest stainless steel manufacturer, to set up a green hydrogen electrolyser plant at JSL’s Kalinga Nagar Industrial Complex in Jajpur, Odisha. This is a big step forward in India’s clean energy journey and steel industry decarbonization. Greenzo-Jindal Project Details Jindal Steel’s contract