TAG: "fundraising"

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IREDA Board Approves INR 5,000 Crore Fundraising through QIP of Equity Shares

The Board of Directors of Indian Renewable Energy Development Agency Ltd. (IREDA) in its meeting, approved the raising up to INR 5,000 crore through Qualified Institutions Placement (QIP) of equity shares, in one or more tranches.

Fundraising | January 23, 2025 | By News Bureau | 338

Alt Mobility Secures USD 10 Million Funding in Series A Round

Alt Mobility currently owns a fleet of 10,000 vehicles across 20 cities in India leased to fleet operators and individual drivers.

Fundraising | November 27, 2024 | By Aishwarya | 530

KPI Green Energy Board Approves INR 1,000 Crore Fundraising Proposal

The proposal outlines the issuance of equity shares or other equity-linked securities convertible into equity shares.

Fundraising | May 14, 2024 | By Abha Rustagi | 794

BluSmart Emerges as First Indian EV Cab Firm to Attain Carbon Credit Accreditation

BluSmart operates a fleet of over 5000 EVs in two major urban centres in India, namely Delhi NCR and Bengaluru.

Fundraising | November 10, 2023 | By News Bureau | 1535

AM Green Plans USD 1 Billion Fundraising for Green Hydrogen and Chemical Production

AM Green, a hydrogen and ammonia producer owned by the founders of Indian renewable energy company Greenko Energy Holdings, is in the process of raising approximately USD 1 billion to support its expanding operations, according to sources.

Fundraising | November 02, 2023 | By News Bureau | 1495

CleanMax Procures Fund from Brookfield Worth USD 360 Million for Expanding its Growth

This procurement of funds of USD 360 million, which is a mix of primary and secondary, will provide CleanMax to follow its growth plans of becoming a more than 5 GW platform over the next three to four years.

Fundraising | June 01, 2023 | By EI News Network | 1790

Mukesh Ambani to Support Altigreen Worth INR 7 Billion for EV Manufacturing

Ambani’s Reliance New Energy Ltd., Xponentia Capital Partners, Momentum Venture Capital and Accurant International also participated.

Fundraising | May 29, 2023 | By EI News Network | 2060

EV Logistics Start up Zyngo Procures USD 5 Million in Pre-Series A Round

It targets to deploy more than 3,000 logistics EVs all over India by the end of FY23 and augment its fleet size and B2B customer-cum-logistics-partner operational profile by 10 times.

Fundraising | May 10, 2023 | By EI News Network | 2232

Ruicycle Raises Over RMB 300 Million from Series B

Shenzhen Ruicycle Environmental Protection Technology Co., Ltd accomplished the B round of fundraising with over RMB 300 million, which is backed by Legend Capital.

Fundraising | August 08, 2022 | By News Bureau | 2106