investment
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Opportunity India Desk Feb 16 2024 - 2 min readMoove, the world's first mobility fintech has announced that it has secured USD10 million in new debt funding for India from Stride Ventures, the largest venture debt fund in the country. This marks the fintech’s maiden debt funding from an external party in India and solidifies Moove’s commitment to democratising vehicle ownership for ...
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Opportunity India Desk Feb 14 2024 - 2 min readSolarSquare, a leader in residential solar solutions in India with more than 10,000 residential rooftop solar power plants across the country, has announced its strategic acquisition of PV Diagnostics (PVD), a company renowned for its expertise in the utility-scale solar power sector. This acquisition marks a significant step in SolarSquare's mission ...
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Opportunity India Desk Feb 06 2024 - 3 min readSnap-E Cabs, an EV Ride-hailing platform has raised USD 2.5 million in a Pre-Series A round led by Inflection Point Ventures. The company plans to allocate funds for talent acquisition to support growth, invest in tech upgrades and the introduction of new tech-enabled services, and expand operations into additional geographies. Rahul ...
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Opportunity India Desk Jan 30 2024 - 2 min readThe online learning platform Byju’s is planning to raise funding of USD 200 million through equity rights issue at valuation in the range of USD 220-250 million. According to sources, the company is planning to offer equity at low valuation only for this tranche of issue. “The board of Think and ...
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Opportunity India Desk Jan 18 2024 - 3 min readInternational Battery Company (IBC)—a lithium-ion cells manufacturer for electric vehicles and plans to set up a factory in Karnataka, has raised USD 35 million. The fundraising session was led by RTP Global. The round has also seen participation from Beenext, Veda VC along with other strategic Korean and US investors and supply partners. ...