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Austrian electronics parts maker AT&S ties up financing for India expansion

New Delhi, July 8 -- Austrian electronics parts maker AT&S Austria Technologie & Systemtechnik AG has tied up €15 million (around $17.1 million or Rs 163 crore) in financing from a marquee inter... Read More


WestBridge leads Series D funding in Elevate Education

New Delhi, July 8 -- Indian higher education platform Elevate Education has raised Rs 170 crore ($17.8 million) in a Series D funding round led by WestBridge Capital, the company said, as it looks to ... Read More


InCred Alts leads PE funding in gas analytics firm Adage Automation

New Delhi, July 8 -- Adage Automation Pvt. Ltd, a Goa-based maker of gas analysers and emission-monitoring systems, has raised Rs 230 crore (about $24.4 million) in a growth funding round led by InCre... Read More


Himadri-backed Sicona wins $31 mn grant for Australian battery-material plant

New Delhi, July 7 -- Sicona Battery Technologies, an Australian battery materials maker backed by India's Himadri Speciality Chemical Ltd, has secured a non-repayable grant of up to AUD 45 million (ab... Read More


Adar Poonawalla Family Office invests $73 mn in Inox Clean Energy

New Delhi, July 2 -- Adar Poonawalla Family Office has invested Rs 700 crore (around $73.3 million) in Inox Clean Energy Ltd, the renewable energy platform of the INOXGFL Group, at a valuation of Rs 7... Read More


SoftBank sitting on modest gains from Oyo parent but Lightspeed, Peak XV strike gold

New Delhi, June 30 -- Japanese investment behemoth SoftBank will likely be sitting on modest gains on its billion-dollar bet on Oravel Stays Ltd, the Indian hospitality company behind the Oyo and Pris... Read More


Govt approves additional $3.2 bn commitment to NIIF for new funds

New Delhi, June 29 -- The Indian government has decided to double its commitment to the National Investment and Infrastructure Fund (NIIF), approving an additional allocation of Rs 30,000 crore (about... Read More


CPPIB-backed ReNew said to weigh selling solar manufacturing arm

New Delhi, June 26 -- ReNew Energy Global Plc, India's second-largest green energy company by installed capacity, could be looking at the possibility of selling its solar manufacturing business, multi... Read More


Standard Engineering to acquire majority stake in AI infrastructure firm

New Delhi, June 25 -- Hyderabad-based precision and multidisciplinary engineering company Standard Engineering Technology Ltd (SETL) has proposed to acquire a majority stake in GScale Energy Pvt Ltd, ... Read More


Enpee Group said to mull sale of solar arm RenewSys India

New Delhi, June 25 -- Transnational conglomerate Enpee Group is looking to sell its solar photovoltaic manufacturing business in India, as part of a portfolio rationalisation drive focused on shedding... Read More