Investment

Yadav scaling content with OTT Partners Seoul-based DAOL Investment participated in the US$9.5 million extended series A funding round of Rusk Media Pvt Ltd, New Delhi, which is to launch a blockchain-based UGC-led gaming platform for GenZ audiences. Audacity Ventures...

Dr. Dwivedi on a mission to expand into ethanol plants Nexgen Energia, India’s fastest-growing clean fuel energy company, has announced Rs.300 crore expansion plan to enter the Ethanol segment and set up plants across the country in the coming fiscal...

Founder Group invests $12.5m to keep 50% upGrad ownership Singapore's Kaizen Management Advisors Pvt Ltd along with existing investors Temasek, IFC and IIFL have participated in upGrad’s fresh round of fundraise. The round also witnessed participation from ETS (world’s largest...

Endeavour takes 4.48% in ACC and 63.11% in Ambuja Cement The Competition Commission of India (CCI) has approved on 13 Aug 2022 acquisition of the stake in Holderind Investments Limited, Ambuja Cements Limited and ACC Limited by Mauritius-based Endeavour Trade...

Abu Dhabi's Platinum Jasmine Trust participates in housing finance in India The Competition Commission of India (CCI) has approved on 13 Aug 2022 acquisition of stake in IIFL Home indirectly by Abu Dhabi Investment Authority (ADIA), the sole beneficiary and...

618 UK companies had combined turnover of Rs.3,634.9bn in India The UK accounts for 5.4% of the total FDI into India, with a cumulative investment of US$31.92 billion over 2000-22, according to a report by Grant Thornton Bharat It has...

Pandey expects Rs.2.3 lakh crore production of AAT products over five years The Government’s Production Linked Incentive (PLI) Scheme for enhancing India’s manufacturing capabilities for Advanced Automotive Products (AAT) has been successful in attracting proposed investment of Rs.67,690 crore against...

MoUs signed for retail EV financing for B2B fleet leasing IIT Delhi based Alt Mobility, a commercial fleet leasing platform, has announced US$100 million investment in next 12 months and launched 'Elektrowagen', a structured finance solution to mobilize low-cost debt...

Bajaj wants India in J P Morgan’s Global Emerging-Market Bond Index and Barclays Global Bond Index India needs to boost its forex reserves to revive the economy especially in view of the capital outflows by foreign institutional investors, prompted by...

India-Singapore state agencies exchange MoU to promote investments Invest India and InfraAsia, state-owned agencies in India and Singapore, have signed a memorandum of understanding (MoU) for setting forth a practical framework to promote bilateral investments, exchanging experiences and relevant information...