Riverwood Capital

Electric mobility startup Kazam Energy is set to raise USD 6 million (~INR 51 crore) in a fresh Series B funding round, marking a significant milestone in its mission to build a smart and scalable EV charging infrastructure across India. The round is being led by Vertex Ventures, with continued support from Avaana Capital and […]

Supermarket chain More Retail, backed by Samara Capital and Amazon, has raised approximately INR 400 crore over the past year from a mix of existing investors and prominent Indian family offices. The fresh capital infusion marks a significant step in the company’s strategic roadmap as it gears up for a much-anticipated INR 2,000 crore IPO,

Patil Automation IPO description – Incorporated in 2015, Patil Automation is an automation solutions provider catering to industrial clients, primarily within the automotive sector. The company specializes in the design, manufacture, testing, and installation of customized automation systems, including welding lines (spot welding, MIG, and TIG), assembly lines, material handling machinery, and special-purpose machinery tailored to

India’s growth plans – from smart cities to industrial corridors – are built on a grey, unassuming material: cement. The country, now the second largest cement producer in the world, is on the cusp of a multi-year infrastructure cycle. Government led initiatives like PM Gati Shakti, Housing for All and Bharatmala Project have set the

Suzlon Energy was in focus on Monday morning as a massive block deal of 19.81 crore shares worth INR 1,309 crore was executed in the pre-market window. Suzlon Energy block deal was initiated by the company’s promoter group—Tanti Family and Trust. According to sources and term sheets, Tanti Family and Trust had planned to sell

In a breakthrough that could change the way we detect and manage viral outbreaks, researchers at IIT Guwahati have developed a new, low-cost way to detect and measure SARS-CoV-2—the virus that causes COVID-19—using the principle of clay sedimentation. Published in the journal ‘Applied Clay Science‘, this interdisciplinary work was done by Prof. T.V. Bharat from

Oswal Pumps IPO Description – Established in 2003, Oswal Pumps is recognized as one of India’s fastest-growing vertically integrated solar pump manufacturers, achieving a revenue growth rate of 45.07% CAGR from Fiscal 2022 to Fiscal 2024. The company specializes in solar-powered and grid-connected pumps, electric motors, and solar modules branded as ‘Oswal’. With over 21

In a bid to make the public listing process more flexible, SEBI ntroduced the confidential IPO filing route on 21 November 2022, through circular SEBI/LAD-NRO/GN/2022/107.. This lesser known but powerful mechanism allows companies to file their draft offer documents confidentially, get regulatory feedback and refine their approach before facing the public. Unlike the traditional IPO

Scaler, the edtech and upskilling platform, is set to raise around USD 40 million (~INR 343 crore) in fresh capital at a significantly lower valuation than before, according to various industry reports. This will be Scaler’s first fundraise in over three years, since its USD 55 million (~INR 471 crore) Series B in February 2022

In a move that surprised markets and signaled a decisive shift in monetary strategy, the Reserve Bank of India (RBI) today cut the repo rate by 50 basis points, bringing it down to 5.5% from 6%. It also announced a staggered 100 basis point reduction in the Cash Reserve Ratio (CRR), to 3%, while shifting