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ValleyNXT Ventures unveils debut fund to back early-stage startups

New Delhi, Feb. 16 -- Early-stage venture capital firm ValleyNXT Ventures has rolled out its maiden fund that aims to raise as much as Rs 400 crore ($44.1 million). The Bharat Breakthrough Fund-I has... Read More


Suhail Sameer's OTP Ventures closes maiden fund

New Delhi, Feb. 16 -- OTP Ventures, a venture capital firm founded by entrepreneurs Suhail Sameer, Kunal Suri and Saurabh Vashishtha in 2024, has marked the final close of its maiden fund. The Delhi-... Read More


C2i Semiconductors, Otto Money raise early-stage funds

New Delhi, Feb. 16 -- Homegrown startups, including semiconductor platform C2i Semiconductors and wealthtech platform Otto Money, have raised pre-seed and Series A funds. C2i Semiconductors Bengalur... Read More


Torrent to buy thermal power operator from L&T in $403-mn deal

New Delhi, Feb. 16 -- Thermal power producer Torrent Power Ltd has agreed to acquire Nabha Power Ltd (NPL), a 1,400-megawatt coal-fired power plant operator in Punjab, from Larsen & Toubro Ltd (L&T) f... Read More


Torrent buys thermal power operator from L&T in $403-mn deal

New Delhi, Feb. 16 -- Thermal power producer Torrent Power Ltd has agreed to acquire Nabha Power Ltd (NPL), a 1,400-megawatt coal-fired power plant operator in Punjab, from Larsen & Toubro Ltd (L&T) f... Read More