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Five Star Business Finance, Waaree Energies get Sebi’s nod to float IPOs

New Delhi, Jan 10 (PTI) Non-banking financial company Five Star Business Finance and solar energy player Waaree Energies have received capital markets regulator Sebi's go-ahead to raise funds through initial share-sales. The two companies, which filed their preliminary IPO documents with Sebi between September and November, obtained its "observations" letter during January 3-7, an update [...]

BikeWo ropes in Southern movie star Venkatesh Daggubati as strategic investor, lead brand ambassador

Mumbai, Jan 10 (PTI) Hyderabad-based electric two-wheeler charging infra provider BikeWo on Monday said it has roped in Southern movie star Venkatesh Daggubati as a strategic investor besides appointing him as the lead brand ambassador. This will be a long-term collaboration that will help the brand grow and scale in order to meet its ambitious [...]

Altigreen, Massive Mobility tie up to install 25,000 on-demand charging stations in 2 yrs

Mumbai, Jan 10 (PTI) Commercial EV maker Altigreen has joined hands with EV charging solutions start-up Massive Mobility to install 25,000 on-demand charging stations in the next two years, according to a statement released on Monday. Bengaluru-based Altigreen is already catalysing the EV ecosystem and last-mile delivery in the country with its on-road commercial electric [...]

Beverage Brand Lahori Secures USD 15 Million Series A Funding from Verlinvest

Lahori will use the fund to expand production capacity and towards accelerating branding and marketing efforts New Delhi, Delhi, India (NewsVoir) Punjab-based beverage startup Lahori has raised $15 million funding from Belgium-based consumer focused investor Verlinvest for an undisclosed minority stake. Lahori will use the funds to double down on its brand’s growth through offline [...]

Mirae Asset Mutual Fund launches New Fund Offer

- MIRAE ASSET Nifty India Manufacturing ETF (An open-ended scheme replicating/tracking Nifty India Manufacturing Total Return Index) - Mirae Asset Nifty India Manufacturing ETF FOF (An open-ended fund of fund scheme predominantly investing in Mirae Asset Nifty India Manufacturing ETF) MUMBAI, India, Jan. 10, 2022 /PRNewswire/ -- Mirae Asset Mutual Fund, one of the fastest [...]

Edelweiss group partners Indian Bank for co-lending to priority segment

New Delhi, Jan 10 (PTI) Diversified financial group Edelweiss on Monday said Edelweiss Housing Finance Ltd (EHFL) and ECL Finance Ltd (ECLF) have entered into co-lending partnership with Indian Bank for lending to priority sector areas. Agriculture, micro enterprises and advances to weaker sections of the society are amongst the categories that form the priority [...]
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