In a big step towards deepening its presence in India’s MSME ecosystem, digital lending platform LoanTap has closed its USD 6.2 million (~INR 74 crore) pre-Series C funding round to fuel its supply chain financing business. The round comprises INR 54 crore in equity and INR 20 crore in venture debt as investors bet big […]
Big news for the Asia-Pacific wealth management space – digital wealth platform Syfe has closed its USD 80 million (~INR 685 crore) Series C funding round, with a big chunk of the capital going towards expanding its tech and product teams in India. The raise includes USD 53 million (~INR 454 crore) in fresh equity
Wealthtech Platform Syfe Nets INR 685 Cr In Series C Round, Eyes Tech Expansion In India Read More »
Fresh farm produce supply chain startup Handpickd (formerly known as Sorted) has secured USD 2.5 million (~INR 21.7 crore) in an extended seed round, reaffirming investor confidence in India’s burgeoning agri-tech sector. The round was led by Genesia Ventures and Nitin Gupta (via GG Enterprises), with participation from several prominent institutional and angel investors. Handpickd:
In another sign of the growing interest in India’s lab-grown diamond (LGD) market, True Diamond, a new-age jewellery brand, has raised INR 26 crore (~USD 3 million) in its Pre-Series A funding round. The round was led by India Quotient, a prominent early-stage venture capital firm, with participation from existing investors Titan Capital Winners Fund
D2C LGD Brand True Diamond Raises INR 26 Cr In Pre-Series A Round Read More »
NTPC Green Energy (NGEL), a wholly owned subsidiary of NTPC, has won a 1,000 MW solar photovoltaic (PV) power project in a competitive bidding process conducted by Uttar Pradesh Power Corporation (UPPCL). NTPC Green and UPPCL agreed at a tariff of INR 2.56 per kWh and the PPA was signed recently. Significance of NTPC Green
Recently Listed PSU Signs 25 Years Solar Deal With UP Government, Triples Annual Profits Read More »
In a powerful show of confidence, two high-profile investors—Sandeep Singh and Khushboo Nahar—have made substantial bulk purchases in the recently-listed logistics firm Blue Water Logistics, just a day after its stock debuted on the NSE Emerge platform. Blue Water Logistics Bulk Deals Signal High-Conviction Buys Disclosures available on the NSE reveal that: Sandeep Singh acquired
Sterlite Electric Share Price Description – Incorporated in 2015, Sterlite Electric (formerly Sterlite Power Transmission) is a leading private-sector power transmission infrastructure developer and solutions provider, operating in India and Brazil. The company is the largest private player when it comes to project portfolios under the interstate Tariff-Based Competitive Bidding route. That’s a 25% market share
Plush, the Chennai based feminine hygiene startup is about to start its Series B funding round with a 3X increase in valuation. The company is raising ~USD 3.6 million (INR 30.56 crore ), taking its post-money valuation to USD 33 million (~INR 281 crore) as per the RoC filings. This round will be led by
Feminine Care Brand Plush Nets INR 31 Cr In Series B Round At 3X Valuation Read More »
The Securities and Exchange Board of India (SEBI) has given approval to HDB Financial and 5 others. These are big milestones for these companies to raise new capital, achieve their growth plans and get more visibility in the public market. The recent SEBI approval is a thumbs up to these companies’ business model, financials and
HDB Financial, Vikram Solar, 4 Others Get SEBI Approval Read More »
Initial Public Offerings (IPOs) are a golden opportunity for retail investors to catch the early growth of companies entering public markets. Yet, IPO investing isn’t a guaranteed success story. From blockbuster performers like IRCTC to disappointments like Paytm, the landscape is filled with lessons. These IPO investing rules guide newbies make informed decisions using a