The Second Episode of Crafting Bharat: Deep Tech with GalaxEye
India’s space sector can be broadly, though not exclusively, divided into two major domains: commercial and research. Over the past three years, India’s space-tech start-ups have attracted significant capital, with early-stage investments leading the charge. However, late-stage start-ups, the ones most likely to deliver tangible results, continue to face funding ......
Demo Day 2024: Gusto Food & Beverage Program Showcases Scalable Innovation
The Gusto Food & Beverage Program, an initiative by Gruhas, Jubilant Bhartia Family Office, DLF Family Office and Anthill Ventures to accelerate the growth of promising startups in the F&B industry, hosted its highly anticipated Demo Day at Broadway. Broadway is redefining offline retail by blending content and commerce to ......
NewsReach Launches Crafting Bharat: Deep Tech Edition
The Indian Deep-Tech startup ecosystem is making waves, navigating uncharted territories to redefine technological innovation. From leveraging AI, Blockchain, IoT, and Robotics to revolutionise industries and address critical social and economic challenges, these startups embody resilience and ingenuity. Following the success of the inaugural podcast series, Crafting Bharat: A Startup Guide, ......
Spotlight: CPPIB-backed NHAI InvIT on a smooth ride but faces a few bumps
Earlier this month, the National Highways Authority of India (NHAI), the government-owned highway developer, unveiled a new corporate strategy for its infrastructure investment trust (InvIT), National Highways Infra Trust (NHIT). Now, a new corporate identity is not a significant event in and of itself, especially as it may not have a ......
Spotlight: Is the tide turning for Gopalpur Ports as Adani takes control?
A little over a month ago, India’s biggest port operator got a little bigger. Adani Ports and Special Economic Zone Ltd said in late March that it was buying a 95% stake in Odisha-based Gopalpur Ports Ltd (GPL). Adani Ports, part of the Gautam Adani-led eponymous conglomerate, agreed to acquire a ......
Spotlight: Quikr remains in quicksand after failing to monetise its string of acquisitions
Online classifieds platform Quikr, one of the earliest tech unicorns in the country once used to boast a larger-than-life scale of its total addressable market. In November 2018, while talking about how the company grew in 2017-18, Pranay Chulet, founder and chief executive of the firm said: “Quikr is built for ......
Spotlight: Can KKR-backed Hero Future catch up with green energy giants?
Back in 2012, when it was founded, Hero Future Energies (HFE) was one of a handful of renewable energy companies that looked set to dominate India’s wind and solar power landscape. After all, it was backed by the multi-billion-dollar Hero Group that has interests across automotive and electronics manufacturing, financial services ......
Spotlight: Can AT Capital’s legacy help Juniper Green Energy meet its bold targets?
In early January, Juniper Green Energy Pvt Ltd said that it would spend Rs 8,000 crore to expand its renewable energy generation capacity. By all measures, that’s a big sum of money, especially for a low-profile company, and it may seem like a tall order. But dig a little deeper ......
Spotlight: Can GIP-owned Ascend Telecom hold its ground in a duopolistic sector?
Last year, US-based private equity firm Global Infrastructure Partners (GIP) stitched a bolt-on deal in India through its portfolio company Ascend Telecom Infrastructure Pvt Ltd. The deal made Ascend India’s third-largest telecom tower operator in the private sector. For any company in any other industry, the third rank might be ......