Investment

Ahmedabad-headquartered Prudent Corporate Advisory Services, an independent distributor of mutual fund and other wealth products in India, has received investment from Boston’s TA Associates, a leading global growth private equity firm.

Singapore sees good support for the Indian Smart Cities Mission from the country’s private sector, including start-ups.

Singapore-headquartered DBS Group is expected to roll out more branches through a new wholly-owned subsidiary, DBS India, once final approvals come in over the next few weeks, said Piyush Gupta, Group Chief Executive Officer.

SRI Capital (SRI) has launched its maiden US$100 million early stage VC fund focused on tech opportunities in the US and India.

Azure Power (NYSE: AZRE) has won a 160 MW solar power project in Uttar Pradesh at the highest tariff in a recent auction conducted by the Uttar Pradesh New & Renewable Energy Development Agency (UPNEDA).

Japan’s Toyoda Gosei Co Ltd has established the Gurgaon Office to increase sales in the rapidly growing market and a further step in localization of product development.

Uttar Pradesh (UP) is taking rapid developmental strides using blockchain technology, especially in land records management, the state finance minister Rajesh Aggarwal has said.

Gamma Technologies, LLC (GT) has opened regional office in Pune to support customers of its CAE system simulation software products, GT-SUITE and AutoLion for the auto industry.

Unmanned Aircraft System (UAS) has the potential to transform many sectors and modernize India rapidly with market potential of US$50 billion over the next 15 years.

Businesses to enhance trade and investment South Korean President moon address business forum. India and South Korea have reaffirmed strategic partnership with its business executives forming six working groups during President Moon Jae-in’s state visit to New Delhi 8-11 July...