Category: Business Expansions

TAFE to expand production capacity in Bhopal and Doddaballapur facilities.

Tractors and Farm Equipment Limited (TAFE), India’s second largest tractor maker by volumes will try to invest Rs 250 crores in the current financial year to increase its installed capacity by 50,000 tractor units at two of its manufacturing locations in India. TAFE is planning these expansions in its facilities at Bhopal and Doddaballapur. The company…

Innov8 co-working raises $4 million in pre-series A funding to double its seats to 8,000.

Innov8 Coworking, the Y-Combinator backed workspaces and community startup, on Thursday announced that the firm had raised USD 4 million funds to expand its business and double its seating capacity to 8,000 by March next year. Innov8 was started in 2015 by Ritesh Mallik. It currently has 13 coworking spaces in the National Capital Region…