Jaden Mathew Paul

Inflexor Ventures aims to raise Rs 1,200-1,700 cr for its third fund

VC firm to expand investments in India's technology sector, 'build on success' of previous funds

BSE 100 companies boost R&D spending, but innovation challenges persist

R&D spend grows 152% in 5 years to Rs 63,072 crore in FY24

Reliance Power to raise Rs 4,198 crore through convertible bonds

The announcement follows Reliance Power's recent progress towards becoming debt-free, with its subsidiary Rosa Power prepaying Rs 850 crore to Värde Partners in September

Upstox delivers 10x returns to Ratan Tata following partial stake sale

Earlier this year, Upstox's CEO indicated that company is aiming for a public listing within next 2-3 yrs. Upstox is valued at $3.5 bn and currently has a user base of about 1.3 cr, as per statement

Peak XV Partners cuts $2.8 bn fund by 16% on mkt valuation concerns

The firm underlined its long-term commitment to India and Southeast Asia, citing strong portfolio performance and an optimistic outlook for the region

Anil Ambani's co partners DHI to set up 1.2 GW solar, hydro power in Bhutan

Partnership marks the group's maiden foreign venture

India M&As back in action, up 14% in the first nine months of 2024

Bharti Airtel's acquisition of stake in BT Group, a British telecom group, for $4.08 billion topped the table of M&A transactions this year so far

Pluckk buys 100% stake in wellness brand Upnourish to tap nutrition market

Pluckk's sales are divided across several channels, with 10-20 per cent coming from direct sales, 40-50 per cent from quick commerce, 20-30 per cent from e-commerce, and 10-15 per cent through retail

Private equity deals in India pick up after two years of decline

Up 9% at $24 bn in first nine months of 2024; financial services, consumer sectors lead

Thermax looks to double business in existing international markets

Thermax, Bhandari said, has a renewed focus on energy transition technologies, particularly hydrogen, carbon capture, and water management

India's private debt market to top $18 bn in 2024 as economy grows: Report

Country is leader in Asia Pacific for private debt, says investment data company

Reliance Power's subsidiary Rosa prepays Rs 850 cr debt to Varde Partners

The prepayment brings Rosa Power closer to achieving zero debt, following its parent company's debt-free status earlier this month

Nurix AI raises $27.5 mn in funding round led by Accel, General Catalyst

Startup founded this year will use the financing on technology and business expansion

Reliance Power to raise Rs 1,525 crore through preferential issue

Parent entity Reliance Infrastructure to increase equity in R-Power by Rs 600 crore

Oister Global, Tribe Capital partner to launch $500 million fund

With a pipeline of identified investments, the firms aim to leverage their complementary strengths: Oister's deep local market expertise and Tribe Capital India's quant-driven diligence

EQT to acquire 100% stake in Indostar Home Finance for Rs 1,750 crore

The fund will also invest an additional Rs 500 crore to fuel the company's geographic expansion and digital transformation

Capital A launches Rs 400 cr fund to target manufacturing, climate startups

Fund II will invest in 17-20 companies, offering initial investments between $750,000 and $1 million, with total commitments of $2-3 million per company over their growth cycles

PDG plans infusing $1 bn for expansion in India amid AI data center boom

The investment will bring PDG's capacity to 230 MW across two major hubs, Mumbai and Chennai

RPower secures 500 MW storage contract marking entry into renewable energy

Other bidders in the auction included Avaada Energy, ACME Cleantech, Gensol, and Indigrid, with the highest quoted tariff reaching Rs 4.9 lakh per MW per month

Indian cos raise $6 bn from private credit in first-half 2024: EY report

Real estate, healthcare firms push private credit deals to record high