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NEEV FUND
PixelSky invests Rs 40-45 crore in biofuels firm GPS RenewablesPixelSky Capital, backed by IndigoEdge and Yumlane founder Hitesh Ahuja, has invested Rs 40-45 crore in waste-to-energy firm GPS Renewables...- 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...
- Pixxel & Sarvam take AI to orbit; Fintechs flock to Gift CityHappy Tuesday! Spacetech startup Pixxel is joining forces with AI company Sarvam to launch an orbital data centre satellite — bringing comp...
- Agnikul, NeevCloud to launch India’s first orbital AI data centre platformIndian space startup AgniKul Cosmos and cloud firm NeevCloud plan to launch an AI-focused data centre in low-earth orbit, with a proof-of-c...
- The great AI cleanse: ‘Thin-wrapper’ start-ups facing an existential crisisAs underlying platform capabilities accelerate and pricing collapses, most Indian AI start-ups lack defensible foundations. Here’s how to s...
- AI infra firm RackBank gets land in Indore, Raipur for data centresRackBank plans to grow data centers in cities like Indore and Raipur. This move aims to cut operational costs significantly. The company re...
- GPU firms step up their tech stackWith computing costs falling and GPU access improving, some Indian players are pivoting their strategy to double down on software offerings...
- Magenta Mobility to roll-out 15-min rapid charging Electric Vehicle Fleet; Partners with Altigreen and ExponentMagenta Mobility has partnered with Altigreen Propulsion Labs and Exponent energy to launch a 15-minute rapid charging Electric Vehicle fle...
- 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...
- 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...
- SVL secures 25 million euro for Neev-II Fund from EIBSocial impact investing has picked up in India with many funds, both local and global, making a beeline to invest in companies that promise...
- 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...
- SBICAP Ventures launches SME, affordable housing fundsThe SME fund is expecting to raise a corpus of Rs 400 crore, while the affordable housing fund would look at raising Rs 350 crore.
- Neev Fund invests Rs 50 crore in Lucknow-based educational instituteMahendra, which has 135 coaching centres, helps candidates prepare for bank probationary officer exams and railway exams and conducts progr...
- 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...
- SBI-UK DFID invest in India's SunSource EnergyFounded in 2010, the company’s turnover has been rising at a compounded growth rate of nearly 200 percent year-on-year.
- 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.
- 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.
- State Bank of India launches Neev fund to help low-income statesThe fund aims at providing equity partnerships for small infrastructure development in sectors like water and sanitation, clean energy.
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