Venture capital firm Capital A has officially launched its second fund, targeting a corpus of ₹400 crore. This new fund is set to focus on a variety of sectors, including manufacturing, deeptech, climate technology, and fintech startups. With an eye towards backing innovative technologies and transformative business models, Capital A aims to play a significant role in shaping the future of these…
As the Indian startup ecosystem transitions from a challenging funding winter to a promising funding spring, the ET Soonicorns Summit 2024, scheduled for September 20 in Bengaluru, offers a critical opportunity for entrepreneurs and investors alike to gain valuable insights into the evolving venture capital (VC) landscape. This year’s summit, themed “From Resilience to Resurgence,” will…
Foreign Portfolio Investors (FPIs) have significantly increased their investments in the Indian debt market, injecting Rs 11,366 crore in August 2024. This robust influx has pushed the total FPI inflows into Indian debt instruments to over Rs 1.02 lakh crore for the year so far, according to data from depositories and a report by PTI.
The surge in investments is closely linked to India’s recent…
In a significant financial maneuver, Nexus Venture Partners has sold a 1.06% stake in Delhivery, one of India’s leading logistics and supply chain firms, for INR 344.06 crore. The transaction was executed through an open market deal on the National Stock Exchange (NSE) on Wednesday.
Details of the Transaction
Nexus Ventures Partners, through its affiliate Nexus Ventures III, offloaded more than…
Chennai Petroleum Corporation Ltd (CPCL), a prominent subsidiary of Indian Oil Corporation (IOC), has reported notable enhancements in its financial performance and operational efficiency for the fiscal year 2024 (FY24). The company achieved a significant increase in margins, thanks largely to its strategic focus on processing cost-effective crude oil. This achievement underscores CPCL’s…
