Infra.Market, a technology-enabled construction materials marketplace, has secured Rs 10.5 billion in its pre-IPO funding round. With the latest fundraising, the company’s valuation has reached Rs 241.47 billion. The investors included Tiger Global, Evolvence, and Fundamental GmbH, among other high-net-worth individuals. The company is expected to file a DRHP in the coming months.
Subsidy Trends: Incentivising renewables development
Subsidies, or central financial assistance (CFA), are a key policy tool to increase the uptake of clean energy. Over theyears, various incentives have been given to different renewable energy segments. Indian Infrastructure takes a look […]
Steady Progress: Key developments in the oil and gas sector
The Indian oil and gas sector has made significant progress across key segments, including pipelines, oil and gas discovery and city gas distribution (CGD). Efforts are also being made to promote compressed biogas (CBG) adoption, […]
NHAI to invest over Rs 150 billion in Uttar Pradesh Highway Projects
The National Highways Authority of India (NHAI) plans to invest over Rs 150 billion in new highway projects across Uttar Pradesh to enhance cargo and passenger movement. Several districts, including Kanpur, Bareilly, Barabanki, Bahraich, Agra, […]