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Honda Motor buys stake in Mitsui-backed OMC Power

New Delhi, Oct. 27 -- Gurugram-headquartered distributed energy company OMC Power, which is backed by Japanese strategic investors Chubu Electric Power, Mitsui & Co, as well as the Khattar family offi... Read More


GEF Capital-backed Premier Energies to buy power transformer maker in $57-mn deal

New Delhi, Oct. 23 -- GEF Capital Partners-backed solar cell manufacturer Premier Energies Ltd is set to enter the power transmission sector with the acquisition of a majority stake in a Hyderabad-bas... Read More


GEF Capital-backed Premier Energies enters power-transmission with $57mn deal

New Delhi, Oct. 23 -- GEF Capital Partners-backed and NSE-listed solar-cell manufacturer Premier Energies Ltd is set to enter the power-transmission sector with the acquisition of a majority stake in ... Read More


NIIF's India-Japan Fund invests in EKA Mobility

New Delhi, Oct. 17 -- The India-Japan Fund (IJF), an investment vehicle managed by government-backed National Investment and Infrastructure Fund (NIIF), has invested Rs 500 crore ($56.8 million) in Pu... Read More


Zepto snags $450 mn from CalPERS, others at $7 bn valuation

New Delhi, Oct. 16 -- Quick-commerce startup Zepto said Thursday it has closed a new round worth $450 million (around Rs 3,960 crore) led by US-based pension fund California Public Employees Retiremen... Read More


Edelweiss-backed India Energy Transition Fund raises $60 mn

New Delhi, Oct. 14 -- The Edelweiss Group-backed India Energy Transition Fund has raised $60 million (Rs 532 crore) in fresh capital from a marquee global development finance bank, as it looks to scal... Read More


Macquarie-SBI Infrastructure Fund moves closer to completing exit from Ashoka Buildcon unit

New Delhi, Oct. 9 -- Highway developer Ashoka Buildcon Ltd has moved one step closer to providing a full exit to Macquarie-SBI Infrastructure Fund, a private equity vehicle jointly set up by Australia... Read More


ReNew Energy to sell Rajasthan solar project to Sembcorp for $191 mn

New Delhi, Oct. 8 -- Green energy company ReNew Energy Global Plc, which is being delisted from the Nasdaq stock exchange in the US and is looking to go public in India, has agreed to sell a 300-megaw... Read More


Wit & Chai, iGo Wise Mobility and Vaani AI bag early-stage funding

New Delhi, Sept. 29 -- Media agency Wit & Chai, electric trike developer iGo Wise Mobility and voice-agent platform Vaani AI Research has raised early stage-funding. Wit & Chai Pune-based Wit & Chai... Read More


Wit & Chai, Wise Mobility and Vaani AI bag early-stage funding

New Delhi, Sept. 29 -- Media agency Wit & Chai, electric trike developer Wise Mobility and voice-agent platform Vaani AI Research has raised early stage-funding. Wit & Chai Pune-based Wit & Chai Grou... Read More