TAG: "fund raising"

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Simple Energy Raises USD 10 Million in Bridge Round

With 53 showrooms across key cities like Bengaluru, Goa, Pune, Vijayawada, Hyderabad, Vizag and Kochi, Simple Energy aims to open 150 stores and 200 service centres across India in 2025.

Fund Raising | September 26, 2025 | By News Bureau | 543

Roofsol Energy Secures INR 210 Crore Funding from Aseem Infrastructure Finance

Maharashtra-based rooftop solar EPC firm Roofsol Energy has raised INR 210 crore from Aseem Infrastructure Finance to develop 92.66 MWp of IPP and group captive solar assets across India.

Fund Raising | May 27, 2025 | By Mrinmoy Dey | 1128

Mufin Green Finance Raises USD 18 Million in Debt Funding to Expand EV Financing

Mufin Green Finance has secured USD 18 million in debt funding from a US-based institution to expand its EV mobility financing and leasing solutions for the MSME sector.

Fund Raising | May 27, 2025 | By Mrinmoy Dey | 1229

Indus Green Secures Funding from Singapore’s En Capital

Indus Motors Green has secured follow-on funding from Singapore-based En Capital, via NEWENRG Pte Ltd., to accelerate EV adoption in logistics and expand its charging and parking infrastructure.

Fund Raising | April 30, 2025 | By Mrinmoy Dey | 848

REC Raises INR 5,000 Crore Through Issuance of Bonds

REC Ltd. has successfully raised INR 5,000 crore through bonds. While the NBFC under the Ministry of Power has raised INR 3,000 crore via 5-year bonds at a coupon of 6.87 percent, it raised the balance INR 2,000 crore via 10-year bonds at a coupon of 6.86 percent.

Fund Raising | April 29, 2025 | By Mrinmoy Dey | 813

BII to Invest INR 650 Crore in Mahindra & Mahindra’s EV Subsidiary

Mahindra & Mahindra Ltd. (M&M) announced that British International Investment Plc will invest a final tranche of INR 650 crore, revising the total investment in its EV arm, Mahindra Electric Automobile Ltd., to INR 1,850 crore.

Fund Raising | December 30, 2024 | By Mrinmoy Dey | 1534

Kalpataru Projects International Raises INR 1000 Crore via QIP

Mumbai-based power transmission and EPC company Kalpataru Projects International (KPIL) has raised INR 1,000 crore through its first qualified institutional placement (QIP) in over a decade.

Fund Raising | December 21, 2024 | By Mrinmoy Dey | 1455