The CCEA has approved enhanced delegation of powers to Power Grid Corporation of India Limited (powergrid) under the Department of Public Enterprises guidelines for Maharatna central public sector enterprises. The approval increases powergrid’s permissible equity […]
CleanMax has secured Rs 9.21 billion from anchor investors ahead of its IPO, which opened on February 23, 2026. The company notified the bourses that it allotted 8,746,437 equity shares at Rs 1,053 per share […]
RoadGrid has raised Rs 120 million in a pre-Series A funding from Inflection Point Ventures, with participation from several strategic and angel investors. The investor group included Venture Catalysts, FAAD Network, LetsVenture, Kamal Puri of […]
Inox Clean Energy Limited, along with its subsidiary Inox Solar Limited, has tied up Rs 31 billion in equity at a pre-money valuation of around Rs 500 billion. The equity round saw participation from marquee […]
GreenTech has raised Rs 300 million in its maiden funding round. The funding round comprised a mix of equity and debt and was led by Transition VC. The company plans to use the funds to […]
Waaree Energies Limited’s subsidiary, Waaree Energy Storage Solutions Private Limited (WESSPL), has secured Rs 10.03 billion in funding from a group of strategic investors. The funding forms part of the company’s planned capital expenditure of […]
Smart Joules, an energy-efficiency player, has raised $10 million in a Series B funding round. The investors include the SVL SME New II Fund, Waaree Renewable Technologies and Spectrum Impact. The proceeds from the fundraiser […]
Aditya Birla Renewables Limited (ABREN), a Grasim subsidiary, has finalised an investment of up to Rs 30 billion from Global Infrastructure Partners. The arrangement includes a commitment of Rs 20 billion, along with a greenshoe […]
JK Cement Limited has purchased an additional 12.21 per cent equity stake in O2 Renewable Energy V Private Limited, a special purpose vehicle of O2 Power, for approximately Rs 0.05 billion. This has increased JK […]
3ev Industries has raised Rs 1.2 billion in Series A funding round. The funding round was led by Mahanagar Gas making an investment of Rs 0.96 billion. The investors also included Equentis Angel Fund and […]
ACS Energy, a Maharashtra-based EV charging platform, has raised Rs 11 million in a pre-seed funding round led by Infection Point Ventures. The funding will be utilised to deploy over 5,000 UPI-enabled electric vehicle (EV) […]
Waaree Energy Storage Systems, the battery storage arm of solar module manufacturer Waaree Energies, has raised Rs 10 billion ($113 million) from several investors. The round was led by Niveshaay, which invested around Rs 1.28 […]
Beyond Renewables & Recycling has secured Rs 0.05 billion pre-seed funding led by Momentum Capital. The funding will support the company’s efforts to establish a large-scale solar waste recycling ecosystem using its proprietary 95 per […]
Reportedly, Goldi Solar has secured Rs 14.22 billion in growth capital to expand its solar manufacturing operations in a funding round led by Havells India Limited and supported by a consortium of institutional and strategic […]
EKA Mobility, an electric vehicle (EV) manufacturer, has raised Rs 57.5 billion ($56.8 million) in a Series A funding round from India-Japan Fund (IJF) managed by the National Investment and Infrastructure Fund (NIIF). The proceeds […]
SAR Televentures has signed an agreement to acquire an additional 19.93 per cent stake in Tikona Infinet Private Limited from L&T Finance for Rs 1.5 billion. Under the deal, Rs 300 million will be paid […]
SnapE Cabs has raised funding of $2.5 million in a bridge deck round led by Inflection Point Ventures. The capital will be utilised for operational expenses and leasing EVs. It will also be used for […]
GREW Solar has raised Rs 3 billion to fund product development and expansion after securing capital from a diverse set of investors. The investors also included high net-worth individuals. The company plans to use the […]
Alpex Solar Limited has secured approximately Rs 2.6 billion through a preferential issue of 21,46,600 equity shares and warrants. The funds will be used to scale up the company’s module manufacturing capacity. The preferential issue […]
Pace Digitek has raised Rs 2.45 billion from anchor investors ahead of its IPO. The anchor book comprised 11.2 million equity shares at Rs 219 per share. Key investors include: Compact Structure (15.09 per cent), […]
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