Vedanta Aluminium, India’s largest producer of aluminium, has raised USD 250 million through Sustainability Linked Loans (SLL) from leading international banks, for financing its capex initiatives and reducing carbon footprint. The loans were granted on the basis of specific performance parameters for decarbonization and safety, which the company aims to meet by deploying these funds…
RattanIndia Enterprises Limited announced that it is acquiring 100% shareholding in the electric motorcycles market leader Revolt Motors. The Company had earlier acquired 33.84% shareholding in Revolt with an option to further increase the shareholding. Revolt Motors currently has manufacturing facility in the auto manufacturing hub of Manesar, Haryana. Over the last one year, Revolt…
Zetwerk raises $150 million in a Series E funding round led by D1 Capital Partners, according to PTI report. The funding round also saw the participation of new investors Avenir and IIFL Group, as well as existing backers Greenoaks Capital, Lightspeed Venture Partners, Sequoia and Accel, cofounder and chief executive Amrit Acharya said. Zetwerk’s valuation…
SugarBox, a Mumbai-based on-demand entertainment platform, has appointed Gautam Karmakar as Chief Business Officer, Nishant Sharma as Vice President – Operations, Rahul Sharma as Vice President – Infrastructure, and Kamal Upadhyay as Vice President – Engineering. Gautam Karmakar has over 18 years of business development and leadership experience across the media, technology, banking sectors in…
Zetwerk,a pioneering digital marketplace for corporate buyers and suppliers, has raised Rs 225 crore Series B round led by Lightspeed and Greenoaks Capital. Existing investors Sequoia India, Accel, and Kae Capital also participated in the round. The company was founded by Amrit Acharya, Srinath Ramakkrushnan, Rahul Sharma, and Vishal Chaudhary in 2018. Earlier, the company…