LML Electric plans to raise INR 500 crore to fund the setting up of its own manufacturing plant and to scale up the business. The company is gearing up to launch its first product in the Indian market in the second…
Bihar-based agritech startup DeHaat is in talks with several private equity investors to raise USD 100 million in its Series E round at a pre-money valuation of nearly USD 900 million.
Kotak Group has promoted Lakshmi Iyer as CEO–Investment Advisory Business at Kotak Investment Advisors, with effect from November 1. A 20-year veteran with Kotak, Lakshmi was earlier CIO (fixed income) and Head…
India- and Southeast Asia-focused early stage VC firm, Leo Capital, has marked the first close of its third fund. The fund, which was announced in November 2021, is targeting a corpus of USD 125 million…
US-based Reliance Industries Ltd (RIL), via its 100% subsidiary Reliance New Energy Ltd (RNEL), is to pick up a 20% stake in Pasadena, CA, USA-based solar energy technology firm Caelux Corporation for USD 12 million…
Mumbai-based, EdTech platform Target Peak has raised a pre-seed round through the Growth Sense platform from angel investors Sanjay Sarda (IIT, Kharagpur Alumni), Jimish Kapadia, and others. Founded by Praveen Bansal…
Industrial and logistic park developer Logiy Spaces has formed a joint venture with fellow Bengaluru-based AA Holdings to invest USD 37 million (around INR 300 crore) for the development of 1 million square feet of…
Bengaluru-based digital banking infrastructure provider Signzy has raised INR 210 crore (USD 26 million) from investors led by Gaja Capital. Existing investors Vertex Ventures and Arkam Ventures also participated in…