Hindalco unveils $2.3 billion aluminium smelter expansion plan
Hindalco Industries also commissioned a flat rolled products (FRP) and battery-grade aluminium foil manufacturing facility worth ₹45 billion
Embraer- Adani sign MoU on aviation manufacturing
Suzuki-backed Next Bharat Ventures invests in Indian culture-tech platform MeMeraki
MeMeraki, an Indian culture-tech platform enabling technology-led market access for traditional Indian arts and crafts, has raised an undisclosed amount in funding from Next Bharat Ventures, the impact investment arm backed by Japan-based Suzuki Motor Corporation. The investment will support the company’s next phase of growth, with a focus on strengthening its technology platform, expanding distribution and enterprise partnerships, and enabling artisan-led economic expansion. The startup said it will use the raised capital to strengthen its technology platform, expand retail distribution across online and physical channels, as well as building the team across design, technology, partnerships and operations. It will invest in improving customer experience and supply-chain readiness to support consistent growth. Parallelly, MeMeraki will deepen its work with artisan communities through structured onboarding, design support, and research-led content creation. Founded in 2019, MeMeraki ...
Navam Capital closes maiden venture fund at over Rs 315 crore, bets on deeptech startups
Navam Capital has marked the final close of its maiden alternative investment fund, Navam Venture Fund I (NVF-I), at over Rs 315 crore (about $35 million), after exercising its green shoe option. The Category II AIF had a target corpus of Rs 250 crore and was oversubscribed at final close, the firm said. The early-stage, India-focused fund is backing intellectual-property-led deep-technology startups that are built in India for global markets. Its investment thesis spans advanced computing, semiconductors, robotics, drone technology, space technology, industrial automation, enterprise AI, climate tech and materials science. Navam Capital said NVF-I has attracted a diversified limited partner base, including technology founders, business operators, family offices, industrial groups and conglomerates. The fund is largely backed by domestic capital, with commitments from family offices, corporate groups, ultra-high-net-worth individuals and founders. The firm has already invested in ei...
Vedanta To Trim Stake In Hindustan Zinc Via OFS, Floor Price Fixed
Vedanta to offload 1.59% share in HZL.
Uttar Pradesh inked deals worth ₹3 lakh crore at WEF in Davos: State Finance Minister Khanna
“This is a major achievement for Uttar Pradesh and reflects the confidence global investors have in the State," Uttar Pradesh Finance Minister Khanna said
TikTok Star Khaby Lame Signs $975 Million Deal to Monetize Global Fan Base
The deal includes the partial sale of Lame's Step Distinctive Ltd. to Hong Kong-based Rich Sparkle.
Meerut-Based Kanohar Electricals Applies For IPO To Raise Rs 300 Crore
The IPO also consists of an offer for sale by promoterK Sons Family Trust.
Single specialty Interventional pain management chain Nivaan Care raises $7 million in funding
Single specialty Interventional pain management chain Nivaan Care has raised $7 million in a Series A funding round led by Sorin Investments, with participation from existing investors W Health Ventures, Endiya Partners and Rebright Partners. The startup will use the capital to expand its clinic network across multiple Indian cities, strengthen its clinical and operating infrastructure, and to continue innovating on new-age minimally invasive pain management procedures. Nivaan Care operates single-specialty pain management clinics focused on chronic pain, including back, knee, and neck pain. The startup follows a multidisciplinary care model, combining pain physicians, physiotherapists, and care coordinators to deliver non-surgical and minimally invasive treatments. Nivaan currently operates clinics across Delhi-NCR, Mumbai, and other satellite markets such as Jaipur and Lucknow. The startup claims to have completed over 40,000 consultations and approximately 5,000 minimally invasiv...
Blinkit Launches Rs 50 NCMC Bharat Yatra Card For Urban Commuting, But It Is Not For Everyone
Blinkit CEO Albinder Dhindsa launched the Rs 50 NCMC Bharat Yatra Card
Inside Hero FinCorp IPO: A Deadline-Driven Listing
Hero FinCorps IPO is being pitched as a growth story, but its filings suggest something else is at play.