Entrepreneur Staff: Page 7
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Latest: Page 7
CastNX Secures INR 23.22 Cr Investment from Plutus and Arpit Khandelwal to Drive Power Electronics Innovation
The funding will boost CastNX's R&D in power electronics, supporting a new testing facility, tech upgrades, logistics expansion, and a production goal of 100,000 VFDs by 2026.
Easy Home Finance Secures USD 35 Mn to Expand Home Loan Services
Ranjan Pai's family office, Claypond Capital, and Sumitomo Mitsui Banking Corporation led the investment, with participation from Xponentia Capital, Finsight Ventures, Harbourfront Capital, and Pegasus India Evolving Opportunities Fund.
NTPC Approves INR 80,000 Crore for Major Thermal Projects Totalling 6,400 MW
The Chhabra Thermal Power Plant, located in Rajasthan, boasts an existing capacity of 2,320 MW, divided into Stage-1 with four units of 250 MW each and Stage-2 with two units of 660 MW each.
L&T to Acquire 21% Stake in E2E Networks for INR 1,407 Cr, Strengthening Cloud & AI Capabilities
As part of the deal, L&T will invest INR 1,079.27 crore to acquire a 15% stake in E2E Networks via preferential allotment, with an additional INR 327.75 crore for a 6% stake through secondary acquisition.
Swiggy Secures INR 5,085 Cr from Anchor Investors Ahead of IPO
Swiggy's IPO opens today for retail and institutional investors, with the company anticipating its listing on the stock exchanges on November 13.
DeepTech Robotics Startup CynLr Raises USD 10 Mn in Series A Funding
CynLr's new funding will expand its team and supply chain, enhancing hardware and software to improve customer experience and reduce costs, boosting operational efficiency and product reliability.
