Investment

Indian manufacturers expand scope of businesses The Competition Commission of India (CCI) has on 16 April 2024 approved the acquisition of additional shareholding of Thyssenkrupp https://www.thyssenkrupp.com/en/home Industries India Private Limited (Target) by Protos Engineering Company Private Limited of Mumbai and...

VitusCare to deliver high-quality, patient-centric care Tomorrow Capital, a US$100 million Mumbai-based operating venture capital fund, has invested US$2.7 in VitusCare, a leading kidney care startup based in Gurgaon, demonstrating its commitment to addressing chronic healthcare challenges in India. Tomorrow...

Hima Parvataneni helping customers overcome hardship of managing multiple vendors Hyderabad-based Navata Supply Chain Solutions says its successful closure of Pre-series A funding led by Equanimity Ventures will fuel its mission to revolutionise India’s supply chain industry.  Founded in 2020,...

Agarwal says fund for connecting billions of lives across the world STL (NSE: STLTECH), a leading optical and digital solutions company, has raised Rs.1,000 crore through a Qualified Institutional Placement (QIP) route, participated by highly reputed global and Indian investors....

Osaka Gas, Sumitomo and JOIN to participate in India’s natural gas project A consortium of Japanese investors with US$370 million investment will become strategic minority shareholders in the Natural Gas Transition Platform (the Platform), a Singapore-based holding company with investments...

Kumbhani says growth strategy to create exponential value for all stakeholders The initial public offering of Ahmedabad-based Teerth Gopicon Ltd, a company specializes in engineering construction and development, says Rs.33.40 crore is for working capital requirements and Rs.10.24 crore for...

Mittal works on delivering all-encompassing agri-solutions India’s No.1 tractor export brand, Sonalika Tractors https://www.sonalika.com/ , is investing Rs.1,300 crore on two new plants in Hoshiarpur to further strengthen its position of being the world’s largest tractor plant. “We are elated...

Kumar reports strong growth in the Indian healthcare sector Warburg Pincus https://warburgpincus.com/ , a leading global growth investor, has acquired a stake in Chennai-headquartered Appasamy Associates Pvt Ltd,  a leading Indian manufacturer of ophthalmic equipment and devices in India. “This...

Remittance outflow to grow by 9.7% in 2024-28 International inbound remittance market in India is expected to record a CAGR of 9.9%, increasing from US$126.17 billion in 2023 to reach US$212.96 billion by 2028 https://sbi.co.in/ . It has increased by...

German group reports Rs.3,803cr operating results for 2023 Freudenberg Group, a global technology conglomerate from Germany, has announced investments close to Rs.350 crore in CY 2024 across facilities in Punjab, Karnataka and Tamil Nadu while having earned close to Rs.800...