Jaden Mathew Paul
Jaden Mathew Paul
VC firm to expand investments in India's technology sector, 'build on success' of previous funds
R&D spend grows 152% in 5 years to Rs 63,072 crore in FY24
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
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
The firm underlined its long-term commitment to India and Southeast Asia, citing strong portfolio performance and an optimistic outlook for the region
Partnership marks the group's maiden foreign venture
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'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
Up 9% at $24 bn in first nine months of 2024; financial services, consumer sectors lead
Thermax, Bhandari said, has a renewed focus on energy transition technologies, particularly hydrogen, carbon capture, and water management
Country is leader in Asia Pacific for private debt, says investment data company
The prepayment brings Rosa Power closer to achieving zero debt, following its parent company's debt-free status earlier this month
Startup founded this year will use the financing on technology and business expansion
Parent entity Reliance Infrastructure to increase equity in R-Power by Rs 600 crore
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
The fund will also invest an additional Rs 500 crore to fuel the company's geographic expansion and digital transformation
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
The investment will bring PDG's capacity to 230 MW across two major hubs, Mumbai and Chennai
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
Real estate, healthcare firms push private credit deals to record high