Entrepreneur Staff: Page 8
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LG India Launches Appliance Rental Business, Plans IPO Amid Strategic Expansions
To support growing demand, LG India is set to construct a third manufacturing facility in Andhra Pradesh, with an investment of INR 5,000 crore.
Wooden Street Raises INR 354 Cr in Series C Round Led by Premji Invest
The Jaipur-based brand aims to use new funding to expand experience stores in tier-I and tier-II cities, enhance omni-channel presence, boost manufacturing, diversify products, and strengthen its supply chain.
Paytm Singapore Offloads Japan's PayPay Stake to SoftBank Vision Fund 2 for USD 279.2 Mn
The sale proceeds will bolster the cash reserves of Paytm's parent company, One97 Communications, enhancing its ability to pursue future business initiatives focused on creating shareholder value.
OnePlus Announces India-Specific Project Starlight with INR 6000 cr Investment
OnePlus recently announced 'Project Starlight', a strategic initiative to solve consumer concerns over India-specific issues and to develop India-specific features for its phone users with an INR 2000 crore annual investment for three years.
India to Witness 6-8% Growth for the Next 5 years: Ashwini Vaishnaw
Vaishnaw added that the country's growth story has happened because of public investments, manufacturing and innovation, inclusive growth, and regulatory simplifications.
LG Electronics Files for IPO, Set to Become India's Fifth Largest Listing
South Korea-based consumer electronics giant LG Electronics India filed its draft papers with the market regulator Securities and Exchange Board of India (SEBI) on Friday for its initial public offer (IPO).
