Riverwood Capital

Bengaluru-based aerospace startup Nabhdrishti Aerospace has raised INR 25.64 crore (USD 3 million) in a seed funding round led by Accel, with additional participation from IIMA Ventures and other existing investors. The funding marks a major milestone in the company’s mission to develop indigenous, sustainable propulsion and power generation systems tailored for India’s evolving aerospace […]

Elec Steel Processing Industries, a major player in transformer component manufacturing, has filed its Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) for an IPO. Elec Steel IPO consists of fresh equity of up to 60 lakh shares and an Offer for Sale of up to 9 lakh shares, aggregating

Bharat Dynamics (BDL), a Mini-Ratna PSU under the Ministry of Defence, has bagged a massive INR 4,362.23 crore order from the Indian Armed Forces. The contract is for the supply of sophisticated armaments and will significantly enhance the country’s indigenous defence capabilities. The announcement triggered an immediate rally in BDL shares, which went up to

Gurugram-based Droom has raised USD 3 million (INR 25.73 crore) in fresh funding as it gears up to refile for its long pending IPO. The funding round was led by India Accelerator (IA) and its multi-stage VC arm Finvolve with participation from several other investors including Rameshchandra Shah, Rajkumar Sorathi, Hardik Kothiya and Shirish Patel.

Quest Global, a global product engineering services leader currently eyeing an IPO, has announced a strategic partnership with Japan’s state-backed semiconductor manufacturer Rapidus Corporation. This collaboration, formalized through a Memorandum of Cooperation, marks a significant milestone in both companies’ growth trajectories as they aim to accelerate innovation in the AI semiconductor space. Focus on Advanced

Gurugram-based D2C food essential brand Country Delight is set to raise USD 25 million (~INR 214 crore) from Singapore’s sovereign wealth fund Temasek. This is the company’s first funding in 2025, as per regulatory filings accessed via the Registrar of Companies (RoC). Country Delight’s board passed a special resolution to issue 1,00,974 Series E compulsory

Motilal Oswal Financial Services initiates coverage on Suzlon Energy with a ‘Buy’ rating and a target price of INR 70 per share. The brokerage sees a 21% upside from the current market price of INR 58 per share. This is a big thumbs up for India’s renewable energy story and Suzlon’s ability to ride on

Mumbai-based GNG Electronics, India’s largest refurbisher of laptops and desktops under the brand ‘Electronics Bazaar,’ has refiled its Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) for a public offering aggregating up to INR 450 crore. As the company is reworking its previous IPO plans, the total issue size has been

Fintech unicorn Razorpay is gearing up to solidify its existence in India by shifting its legal domicile from the US to its home market. This move sets the stage for an IPO in 2026 and is a clear indication of Indian startups reclaiming their base. Why Razorpay is Moving Base Moving base is not just

India’s leading brokerage and equities research firm, Anand Rathi Share and Stock Brokers (ARSSBL) has initiated coverage on Unimech Aerospace with a “BUY” rating. ARSSBL is projecting a target price of INR 1,315 per share, an upside of 30% from the current price. The brokerage is bullish on Unimech’s precision engineering capabilities, growth trajectory and