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.
Centre allocates funds for three rail projects in Jharkhand
The central government has allocated funds worth Rs 11.47 billion for three rail projects in Jharkhand. The first is the redevelopment of Ranchi railway station, which has been allocated Rs 4.44 billion. The second is […]
AG&P Pratham and THINK Gas announce merger
AG&P Pratham and THINK Gas have announced the merger of brand identities under a single brand, THINK Gas. The merged entity will now operate in 50 districts across 10 states, covering around 10 per cent […]
Centre to allocate Rs 4.88 billion for power projects in Telangana
Reportedly, the central government has allocated an investment of Rs 4.88 billion under the Power System Development Fund for nine new schemes in Telangana to strengthen the state’s power grid and ensure reliable electricity supply. […]