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SBI Ventures to manage Rs 20,000 crore Maritime FundSBI Ventures has been appointed as the fund manager for the ₹20,000-crore Maritime Investment Fund. This initiative, backed by government e...
GPS Renewables raises $50 million in debt financingGPS Renewables, advancing green energy transition, secures $50M debt for nationwide CBG plant execution. Co-founded by Chakraborty and Sank...
IIM Lucknow completes summer placements with 576 offers for PGP and PGP-ABM studentsIIM Lucknow has successfully completed summer placements for the 2023-2025 batch of PGP and PGP-ABM students. The students have been placed...
Exponent Energy and Alt Mobility to finance 1000 Altigreen neEV Tez electric 3-wheelers"The partnership between Exponent Energy and Alt Mobility is set to redefine the future of the EV industry and foster widespread adoption. ...
India government invests over Rs 5,000 cr more in SWAMIH Investment Fund I to help homebuyersSWAMIH Investment Fund I is India’s largest social impact fund aiming to provide priority debt financing for the completion of stressed, br...
European Investment Bank announces support to India to combat CovidThe donation will go to European Investment Bank to acquire life-saving equipment in particular to improve access to oxygen including oxyge...
SBI, EIB to invest up to €100 mn in Indian SMEs focused on climate changeSBI already invests in a vehicle called Neev Funds for its impact investing objectives, and the two entities have created 'Neev Fund II' fo...
Milk Mantra scoops up $10 million in debt financing from US-backed DFCMilk Mantra, which is one of the relatively few prominent startups to have emerged from the eastern state of Odisha, already counts the lik...
Banks help parents foot children’s school feesA few years later, the business cycle turned – for the worse. “But once you send your kid to such a good school, you can’t just take a step...
Digital lending startups enter classrooms to grow businessWhile it might push up interest rates, in many cases institutes are open to bearing the interest rates, since quick financing options give ...
Narain Karthikeyan’s agri-logistics firm raises $10 million from Neev fundLeap India has already obtained long-term contracts from certain state governments for setting up such facilities on a public-private partn...
SunSource energy plans to build 200-mw solar park in UPThe company has a short-term target of reaching 300 mw of project capacity by 2020, said Nandan, who is also one of the founders of the com...
Tie-up is the lesson for edu-fin startupsStarting a business and having troubles? ET invites early-stage entrepreneurs to ask their questions — anything from business development t...
Neev Fund, others pour Rs 66.5 crore into Odisha-based Milk MantraThis is the first round of funding raised by the company after it mopped up about Rs 80 crore from Eight Roads and Aavishkaar in June 2014.
Now, TV Mohandas Pai wants to build an 'ecosystem' of fundsPai is steadily emerging as a major source of much-needed domestic capital in a startup industry heavily dependent on foreign money.
Rs 250 cr fund 'Neev' announced for small realty developers; Mohandas Pai among co-foundersThe sources added all the five partners have pooled in 35% of the first fund while the remaining would be contributed by HNIs.
Mahindra & Mahindra pips Tata Motors in the small commercial vehicle salesMahindra & Mahindra has sped past Tata Motors to become largest small commercial vehicle seller in the country, led by its pickup trucks.
Rishabh Mariwala, Nandan Piramal, Kavita Gupta Sabharwal, Devita Saraf, Bhairavi Jani and others step out of family business to test acumenRishabh Mariwala, Bhairavi Jani & others step out of family biz for reasons of pull or push, to strike out on their own. But it's not a cle...