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Financings

InSolare Energy raises Rs 660 million for its portfolio and EPC execution

February 28, 2024

InSolare Energy, a renewable developer and engineering, procurement, and construction (EPC) company based in Bengaluru, has secured 660 million in a growth funding round. Negen Capital spearheaded the funding, joined by Anchorage Capital Fund and […]

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Financings

Pure EV secures $8 million investment to expand sales network across India

February 23, 2024

Pure EV, an electric vehicle manufacturer based in Hyderabad, has successfully raised $8 million in its latest funding round to support the expansion of its sales network in India, aiming to increase the number of […]

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Financings

Gensol Engineering secures Rs 9 billion in equity through preferential round

February 8, 2024

Gensol Engineering Limited has successfully secured a substantial Rs 9 billion in equity capital through the issuance of convertible warrants on a preferential basis. The equity capital infusion witnessed involvement from both global and domestic […]

Finance

Public Route: Indian renewable energy firms raise capital through IPOs, QIPs

January 22, 2024

The renewable energy sector in India is poised for significant growth in the coming years, driven by ambitious capacity addition targets to ensure energy security and meet climate commitments. To finance the rapid expansion of […]

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Financings

Vegh raises $5 million to expand equipment manufacturing

July 5, 2023

Vegh, an electric-two-wheeler manufacturing business based in Punjab has raised $5 million in a strategic pre-series financing round from an unnamed investor. The funds’ revenues will be utilised to support Vegh’s working capital requirements, such […]

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Financings

Avaada Group secures $1.3 billion fundraising

June 30, 2023

Avaada Group has secured financing for its green energy operations for Rs 107 billion. The funds will be used to expand Avaada’s green hydrogen, green methanol, green ammonia, solar manufacturing, and renewable power generation enterprises. […]

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Financings

Amp Energy India closes investments totaling upto $250 million

June 12, 2023

Amp Energy India has secured investments up to $250 million from Sumitomo Mitsui Banking Corporation (SMBC Bank of Japan),Intermediate Capital Group (ICG), and Asian Infrastructure Investment Bank (AIIB ) to fund the growth of the […]

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International News

ABB E-mobility raises funds through pre-IPO private placement

November 22, 2022

ABB E-mobility, a company based for electric vehicle (EV) charging solutions, announced that it has signed a pre-IPO private placement of approximately CHF200 million for newly issued shares led by new minority investors. The transaction […]

Financings

EV ride-hailing startup BluSmart receives $25 million in Series A round

October 1, 2021

BluSmart, an electric vehicle ride-hailing startup, has received over $25 million in Series A funding led by BP Ventures. The funding was received from Mayfield India Fund, 9Unicorns and Survam Partners along with existing investors. […]

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