LiveStrideOne Raises Rs 250 Crore to Help Startups Meet Financing Needs
On Tuesday, StrideOne raised Rs 250 crore via a mix of equity (led by Elevar Equity) and debt from banks. StrideOne plans to introduce a...
Category : BUSINESS
Power Grid Corporation Acquires MTL For Over Rs 9 Crore
State-owned Power Grid Corporation of India (PGCIL) said on Tuesday it had acquired Mohanlalganj Transmission Limited in Uttar Pradesh for more than Rs 9 crore....
Zyngo To Deploy More Than 18K EVs for Last-Mile Deliveries by This Fiscal-End
Zyngo, a technology-enabled third-party logistics service provider, said it would deploy more than 18,000 electric vehicles in the country for last-mile deliveries as part of...
IKEA India To Open First Store in Bangalore on June 22
Global Swedish homeware retailer IKEA India, part of the Ingka Group, said on May 31 that it would open a store in Bangalore, Long Beach,...
Attero to Spend $1 Bn Over 5 Years on Battery Recycling Plants
Attero Recycling Pvt Ltd plans to invest $1 billion within five years, which has to build a lithium-ion battery recycling plant in Europe, the US...
SUGAR Cosmetics Closes $50 Million Series D Funding
On Tuesday, India’s one of the largest beauty companies, SUGAR has closed a 50 million Series D fundraise led by the Asia fund of L...
Adani Enterprises Ltd Replaces Shree Cement in Nifty 50 index
Adani Enterprises Ltd is the part of Adani Group, which would dislodge Shree Cements in the Nifty 50 index as recorded data. During the Nifty’s...
Sri Lanka Seeks Another $500 Million in Fuel Import Credit from India
Sri Lanka is negotiating a further $500 million in fuel import credit lines with India amid the country’s ongoing economic crisis. The media reported that...
Jubilant Foodworks Q4 Profit Falls 9%
On Monday, Jubilant FoodWorks Ltd reported an 8.8 per cent decline in its consolidated net profit of Rs 96 crore in the financial year March...
Amazon India To Open New Robotics Software Development Centre in Bengaluru
E-commerce giant Amazon announced Monday that it would open a new consumer robotics software development centre to build solutions for the world. The India hub...