Page 6 - Jaden Mathew Paul

Bain Capital buys minority stake in auto components firm Dhoot Transmission

Private equity firm says investment will help Aurangabad-based manufacturer to expand globally

Flying taxi startup secures $10 mn in Series A1 funding led by Accel

The funding will be used to scale operations, establish a research and development (R&D) centre, expand the workforce, and launch the company's flying taxi prototype

Battle for ownership: Kalyani faction drops a letter 'bomb'; row escalates

Kalyani Investments says Hiremaths deliberately suppressed N Vaghul's 2023 letter addressed to them

PAG acquires majority stake in Pravesha Industries for $200 million

PAG had earlier acquired Manjushree Technopack for $1bn

$35 billion IPOs in the pipeline this year: Kotak Investment Banking

India is the second-largest market in the world when it comes to equity fundraising and it saw the highest-ever fundraising ($74 billion) in 2024

Experts call for systemic change in accounting, ESG to reflect true value

Income statements in the US haven't changed since maybe 1920

Beyond Snack raises $8.3 million in series A round for expansion efforts

The fresh funds will be used for expansion into new territories, product innovation, and strengthening its supply chain infrastructure

VC investments hit $16.7 billion this year powered by tech sector

At $6.50 bn, tech accounted for largest share, followed by consumer discretionary and financial sector

Sterling and Wilson bags Rs 1,200 crore solar EPC order in Gujarat

The engineering, procurement, and construction (EPC) contract includes the design, engineering, and installation of the balance-of-system (BoS) components

Tata Power, Canara Bank partner to offer loans for rooftop solar systems

The partnership underscores the push for clean energy solutions in India, which aims to achieve 500 GW of installed electric capacity from non-fossil sources by 2030

KKR backs Rebel Foods for its latest growth equity investment in India

Deal part of KKR's to support 'innovative and disruptive companies' in Asia

Multiples PE buys minority stake for $35 mn in logistics firm INSTANT-XP

NSTANT-XP, founded by brothers Rajbir Singh and Jasveer Singh, leverages proprietary technology to streamline services for customers, consignors, truckers, and drivers

Warmup Ventures launches Rs 300 cr fund to back early-stage startups

Second fund by venture capital firm will invest in sectors like deep tech, climate, sustainability

IPO-bound Rebel Foods raises $210 million in funding round led by Temasek

Other participants included existing investor Evolvence. The Series G round which was a mix of primary and secondary share sales also facilitated exits for certain investors, the company said

Blacksoil targets Rs 500 crore final close for second credit fund

The firm has already secured Rs 300 crore and aims to achieve the full target within the next 6 to 9 months, according to Ankur Bansal, Managing Director (MD) of BlackSoil

Reliance NU Suntech wins India's largest solar and battery storage project

The project was secured through SECI's Tranche XVII e-reverse auction held on December 9, 2024, at a winning tariff of Rs 3.53 ($0.0416) per kWh (kilowatt-hour)

Stable govt, GDP growth to help India get FPIs: Barclays' Prez Dainton

India has a demographic advantage and substantial growth and a political system that is relatively calm and consistent, Stephen Dainton, President of Barclays Bank PLC said

Stride Ventures rolls out $300 mn 4th fund as venture debt gains traction

Deployments exceeding Rs 100 crore include companies like BlueStone, Upstox, Moneyview, Ather, among others

Mergers & acquisitions make a comeback in 2024, up 13.5% till November

Bankers anticipate deal-making to remain robust in 2025 with several marquee deals in the making

Orange Health Labs raises $12 million in funding led by Amazon Smbhav

The company offers diagnostics directly to customers' doorsteps, with booking available through its website or app