Investment

Propulsion technologies validated in Vikram space launch vehicles, says Daka Singapore heavyweight investor GIC led the US$51 million Series-B funding round of Hyderabad-based space-tech startup Skyroot Aerospace which is going for hyper-growth in the international small satellite markets. “This round...

Sankhe on mission to improve solar energy ecosystem Reliance Industries Limited (RIL) has signed a US$32 million definitive agreement to acquire majority stake in SenseHawk of California, a Solar Digitization Platform (SDP) with customers throughout the solar asset lifecycle in...

CDPQ increases stake in power company Singapore’s Quebec origin CDPQ Infrastructures Asia II Pte Ltd has received approval for its acquisition of stake in Apraava Energy Private Limited, a foreign investment in the Indian power sector with an investment spread...

Amsterdam-Johannesburg listed group takes over payment aggregator The Competition Commission of India (CCI) has approved 100% acquisition of the equity share capital of IndiaIdeas.com Limited (IIL) by PayU Payments Private Limited (PayU India) which is indirectly held by Euronext Amsterdam-listed...

Fintechs-Banks collaboration can help build a sustainable ecosystem, says Datta Southeast Asian linked Singapore-based investors, with offices in Singapore, have participated in fintech start-up iPiD’s US$3.3 million seed funding round. The strategic investors are Rapyd Ventures, Jungle Ventures, 1982 Ventures,...

Tanna says the innovative platform delivers financial service to underserved market India’s largest consumer lending fintech from Pune, EarlySalary, has closed its series D funding round of US$110 million led by TPG’s The Rise Fund and Norwest Venture Partners as...

Pixxel builds the world’s highest resolution hyperspectral imaging satellite constellation Accenture (NYSE: ACN) has made a strategic investment, through Accenture Ventures, in Pixxel, a leader in cutting-edge earth imaging technology based in Bangalore with a presence in Los Angeles. “We...

Shah deepens KKR presence in the Indian market Global investor KKR has launched Highways Infrastructure Trust (HIT), a roads infrastructure investment trust (InvIT), in India as it scales up investment in the country. Hardik Shah, Partner at KKR, said on...

BASIX values Mastercar’s global powerhouse payment technology Mastercard is to improve the lives of over 10 lakh (one million) Maharashtra farmers, including the new cohort of 200 Farmer Producer Organizations (FPO) being promoted under SMART Project in India. Mastercard has...

Investments to propel advancements digital manufacturing platform Fictiv Inc, the operating system for custom manufacturing, recently announced the opening of its new office in Pune, which will serve to complement its headquarters in San Francisco as an additional engineering center...