Equity Moves

GMR Airports Limited and the National Investment and Infrastructure Fund have announced a financial partnership to invest in the equity capital of three airport projects. These include the greenfield international airports at Mopa, in Goa, […]

CPP Investments has invested Rs 18.5 billion (C$310 million or $228.9 million) in the Kotak Infrastructure Investment Fund’s first close. The fund would provide senior and secured financing to India’s operating infrastructure projects.

Transition VC, an energy transition-focused venture capital firm, has inaugurated a fund with a target corpus of Rs 4 billion, which includes a Rs 2 billion greenshoe option. The Bengaluru-based company plans to invest in […]

Climate Angels, an angel investment syndication platform for pollution reduction and climate tech start-ups, has invested in Clean Electric, an en­ergy storage solutions start-up, and helped it raise $2.2 million in a seed round led […]

The board of the Indian Energy Exchange has approved a proposal to buy back equity shares of up to Rs 980 million at a price not exceeding Rs 200 per share through the open market […]

Kotak Alternate Assets, administered by Kotak Investment Advisors Limited, has launched the Kotak Data Centre Fund, which will focus on the data-backed digital economy, enterprise cloud, 5G and Internet of Things (IoT). The alternatives branch […]

Mumbai-based energy platform SolarSquare Energy Private Limited has announced that it has secured Rs 1 billion (about $12 million) in Series A funding, led by Elevation Capital and Chris Sacca’s Lowercarbon Capital. The round also saw participation […]

The Neev II Fund, a small and medium-sized enterprise fund focused on climate and sustainability, has announced an undisclosed investment in Hygenco Green Energies Private Limited. While the fund did not disclose the amount, Hygenco received […]

EKI Energy Services Limited (EKI) has announced that it will invest up to Rs 2 billion as part of a Rs 10 billion ($125 million) climate impact fund that it has launched in partnership with […]

Anahera Investment Private Limited, an affiliate of GIC Private Limited, is likely to provide funds worth Rs 10,450 million as equity for the Gan­ga Six-Lane Expressway Project, Phase I. Besides, the first tranche of Rs […]

CleanMax Enviro Energy Solutions is in discussions with investors to raise $200-$250 million. CleanMax operates over 600 MW of large-scale solar and wind farms and provides corporate customers with renewable energy. It has installed over […]

The Securities and Exchange Board of India (SEBI) has reportedly app­roved the government’s proposal to convert Vodafone Idea Limited’s (Vi) dues worth over $1.92 billion to equity. The government’s stake in Vi, post conversion, could […]

Waaree Energies Limited has raised Rs 10 billion in primary funding from a variety of investors. The promoters took part in this equity raise at the same price. The proceeds will be further used to […]

Suzlon Energy Limited opened its rights issue on October 11, 2022 to raise up to Rs 12 billion. The entitlement ratio for the rights issue is 5:21, which means 5 shares for every 21 equity […]

KKR and the Hero Group have signed definitive agreements to invest $450 million in Hero Future Energies (HFE), the renewable energy arm of the Hero Group. This investment in HFE is from KKR’s Asia Pacific […]

Bharti Airtel’s board of directors has cleared the issue of equity shares to Google International LLC on a preferential basis. The move follows Goog­le’s purchase of a 1.2 per cent stake in Airtel for $700 […]

Vodafone Idea Limited (Vi) will raise Rs 4.36 billion from its UK-based promoter, Vodafone Group Plc. The funds raised will be used by Vi for network expansion as well as to prepare for the upcoming […]

Statiq, an EV charging network, has raised $25.7 million (over Rs 2 billion) in a funding round led by Shell Ventures. The firm aims to use the Series A funding to primarily invest in product […]

Route Mobile informed that its board had approved Rs 1.2 billion spending to buy back shares from shareholders barring promoter, promoter group and persons who are in control of the company. As per the regulatory […]

Airtel Africa has raised tender offer to buy back up to $450 million (about Rs 35.5 billion) of senior notes. The tender has been raised by Bharti Airtel International (Netherlands) BV, which manages Airtel’s Africa […]