DFIs bet on Welspun Renewable Energy founder’s new firm
Advertisement

DFIs bet on Welspun Renewable Energy founder’s new firm

By Debjyoti Roy

  • 14 Feb 2019
Premium
DFIs bet on Welspun Renewable Energy founder’s new firm
Credit: Reuters

Nearly three years after Welspun Renewable Energy was sold in a big-ticket deal, the firm’s co-founder has secured funding from foreign institutional investors for his new power venture. Giriraj Renewables Pvt. Ltd, a fully-owned subsidiary of Vineet Mittal-led Avaada Power Pvt. Ltd, has raised more than $50 million (Rs 354 crore ......

This is a Premium article. Please subscribe or log in to read the full story!

Here's a selection of our recent premium content.

Already a member? Click here to log in.
Advertisement
Advertisement
Google News Icon

Google News

Follow VCCircle on Google News for the latest updates on Business and Startup News