Riverwood Capital

BlissClub, a Bengaluru-based women’s activewear brand, has raised INR 45 crore in its latest funding round, a Pre-Series B mix of equity and debt, led by existing investors Elevation Capital and Eight Roads Ventures, with Alteria Capital participating on the debt side. The D2C startup, which has a focus on women-centric activewear and lifestyle products, […]

Hind Rectifiers, a leading player in India’s power electronics and railway traction equipment space, has had a 197% year-on-year growth in profit after tax (PAT) in the financial year ended 31 March 2025. PAT was INR 37.1 crore in FY25, up from INR 12.5 crore in FY24, due to strong operating

In a bold move underscoring its growth ambitions despite recent financial headwinds, Celebal Technologies, the Jaipur-headquartered IT services firm, is poised to raise INR 125 crore in its Series B funding round. Led by InCred Growth Partners Fund, with Norwest Venture Partners continuing to back. RoC filings show Celebal Technologies’ board has approved issuance of

Celcius Logistics has raised approx USD 30 million (INR 250 crore) in its Series B round. The round is an equal mix of equity and debt and was led by Eurazeo, a European investment firm and Omnivore, an Indian agritech focused venture capital firm. IvyCap Ventures, a returning investor also participated. Debt portion saw participation

Servotech Renewable Power System, a leading player in India’s green energy and EV charging space, has appointed Errol Musk to its Global Advisory Board to accelerate its global sustainability goals. The announcement is a significant milestone in Servotech’s journey to become a global leader in renewable energy and smart power solutions. Errol Musk, an entrepreneur

In a rare convergence of conviction, two leading brokerage houses—Motilal Oswal Financial Services (MOFSL) and Anand Rathi—have reiterated their bullish stance on Poonawalla Fincorp (PFL), underscoring a promising growth trajectory and significant re-rating potential. Despite a short-term earnings miss in Q4FY25, analysts remain optimistic, backed by the company’s strategic business pivots, AI-driven risk frameworks, and

Sattva Sukun Lifecare Rights Issue dates 28 May – 11 June 2025. Sattva Sukun Lifecare, formerly known as Mayukh Dealtrade, is a Mumbai-based company specializing in the manufacturing and trading of aroma and wellness products. Established in 1980, the company offers a diverse product range that includes camphor sticks, kapoor dani vaporizers, aroma oil burners,

In a major move to accelerate India’s clean energy push, Avaada Group, the renewable energy company backed by Brookfield’s Energy Transition Fund, is gearing up for an IPO of INR 4,000-5,000 crore for its solar module manufacturing business. The strategic fund raise will be used to fuel the company’s aggressive expansion in solar manufacturing and

Beta Drugs a Himachal Pradesh based pharma company has achieved a major regulatory milestone — COFEPRIS (Mexico regulatory authority for drugs) approval for its oncology formulation plant in Baddi and API (Active Pharmaceutical Ingredient) unit under Adley Lab in Derabassi, Punjab. Notably, ace investor Ashish Kacholia holds 12,63,826 shares (12.5% stake in the company), worth

Aequs, the aerospace and contract manufacturing company based in Belagavi, Karnataka, is gearing up for a big growth leap by converting into a public company before a planned USD 200 million (~INR 1,685 crore) initial public offering (IPO) later in 2025. In a significant move towards this public listing, the company’s board has approved a