https://thenfapost.com News, Facts and Analysis on Startup, Technology & Business Wed, 06 Mar 2024 04:44:54 +0000 en-US hourly 1 https://wordpress.org/?v=6.5.2 The NFA Post News, Facts and Analysis on Startup, Technology & Business clean https://thenfapost.com/2024/03/06/pe-vc-exits-surge-36-to-24-8-billion-in-2023-amid-declining-investments/ Wed, 06 Mar 2024 04:44:54 +0000 https://thenfapost.com/?p=349445 The infrastructure sector emerged as the leader, attracting $11.6 billion in investments in 2023, while traditional favorites such as financial services and technology witnessed a decline New Delhi, NFAPost: Private equity and venture capital (PE/VC) exits in India surged 36% year-on-year (Y-o-Y) to touch $24.8 billion in 2023, up from $18.3 billion in the previous […]]]> https://thenfapost.com/2024/03/04/blue-star-eyes-15-market-share-in-room-ac-segment-by-fy26/ Mon, 04 Mar 2024 08:03:17 +0000 https://thenfapost.com/?p=348698 Chennai, NFAPost: Backed by rolling out of new range of over 100 affordable and premium models of room air conditioners on Monday, Blue Star is targeting to achieve a market share of 15% by FY26 in the room air conditioners segment. Speaking at a press conference in Chennai, Blue Star Managing Director B Thiagarajan said […]]]> https://thenfapost.com/2024/02/27/india-energy-week-2024-oil-india-ltd-oil-to-invest-rs-2500-crore-for-operations-in-andaman-islands/ Tue, 27 Feb 2024 00:06:54 +0000 https://thenfapost.com/?p=346463 Panaji, NFAPost: Oil India Ltd (OIL) and its subsidiary Numaligarh Refinery Ltd showcased their strategic work and path breaking initiative to invest Rs 2500 crore for operations in the Andaman Islands, which are helping India secure its energy requirements. Minister for Petroleum and Natural Gas and Housing & Urban Affairs Hardeep Singh Puri who visited […]]]> https://thenfapost.com/2024/01/30/tn-economy-to-be-worth-2-6-trillion-by-fy48-needs-111-billion-investment-study/ Tue, 30 Jan 2024 02:24:33 +0000 https://thenfapost.com/?p=338864 State must focus on industries and urbanisation to meet potential, it says Chennai, NFAPost: Tamil Nadu’s nominal gross state domestic product (GSDP) would grow to $2.6 trillion by Financial Year 2047-48 (FY48), said a report by real estate consultancy, reports Business Standard, calling for investments in industrialisation and urbanisation. The report is published by Knight […]]]> https://thenfapost.com/2023/11/27/clove-dental-owned-global-dental-services-secures-50-million-investment-from-qatar-investment-authority/ Mon, 27 Nov 2023 14:52:48 +0000 https://thenfapost.com/?p=323382 Bengaluru, NFAPost: Global Dental Services, parent of Clove Dental, India’s largest tech-enabled-dental-platform, announced strategic equity investment of $50 Milllion from Qatar Investment Authority (QIA), the sovereign wealth fund of the State of Qatar. Combined with $66 million raised in December 2022, in a round led by Invest corp, this investment underscores the group’s historical performance […]]]> https://thenfapost.com/2023/09/12/kkr-to-further-invest-rs-2070-crore-in-reliance-retail-up-stake-to-1-42/ Mon, 11 Sep 2023 21:51:16 +0000 https://thenfapost.com/?p=300901 KKR stake in RRVL will go to 1.42% from 1.17% Mumbai, NFAPost: Private equity firm KKR is set to invest an additional Rs 2,069.5 crore in Reliance Retail Ventures (RRVL) through an affiliate, securing a 0.25 per cent stake on a fully diluted basis. This investment places RRVL’s pre-money equity value at Rs 8.36 trillion, […]]]> https://thenfapost.com/2023/08/25/kaynes-technology-to-invest-%e2%82%b93750-crore-in-mysurus-semiconductor-assembly-and-test-facility/ Fri, 25 Aug 2023 15:18:40 +0000 https://thenfapost.com/?p=296919 Bengaluru, NFAPost: Fuelling the growth of Karnataka’s technology landscape, Kaynes Technology has entered into a Memorandum of Understanding (MoU) with the Karnataka government’s Electronics, IT, and BT Department to invest Rs. 3,750 Crore in Mysuru. According to the terms of the agreement, Kaynes Semicon Private Limited will take the lead in establishing a Semiconductor Assembly […]]]> https://thenfapost.com/2023/07/21/sify-infinit-spaces-to-expand-data-centre-business-by-investing-rs-60-crore/ Fri, 21 Jul 2023 07:26:21 +0000 https://thenfapost.com/?p=286875 Chennai, NFAPost: Sify Infinit Spaces Limited, the data centre business division of Sify Technologies, has entered into an agreement with KDCF so that latter will invest Rs 60 crore. KDCF will invest up to Rs 60 crore (approximately USD 73 Million) in the form of compulsory convertible debentures of SIS. SIS will use the proceeds […]]]> https://thenfapost.com/2023/07/10/flipkart-cofounder-binny-bansal-invests-3-5-million-in-leverageedu/ Mon, 10 Jul 2023 01:30:09 +0000 https://thenfapost.com/?p=283350 LeverageEdu, which facilitates overseas education, closed the financial year 2023 with a revenue of about Rs 110 crore Bengaluru, NFAPost: Flipkart cofounder Binny Bansal has invested $3.5 million (about Rs 29 crore) in edtech firm LeverageEdu, sources aware of the development said. Bansal made the investment through his venture capital firm Three State Ventures at […]]]> https://thenfapost.com/2023/06/27/arkam-ventures-targets-180-million-for-2nd-fund-to-tap-opportunity-in-middle-india/ Tue, 27 Jun 2023 07:35:45 +0000 https://thenfapost.com/?p=279913 Bengaluru, NFAPost: Amid lukewarm response for startup funding, Arkam Ventures is courting its second fund, aiming for $180 million. The new fund is expected to nearly double the size of its maiden fund, as the Indian venture capital firm gears up to double down on the expanding ‘middle India’ opportunity. Besides high-profile international institutional investors, […]]]>