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NCLT approves Suraksha's bid in Jaypee Infra insolvency case

Infrastructure

07 March, 2023

NCLT approves Suraksha's bid in Jaypee Infra insolvency case

The National Company Law Tribunal (NCLT), which was scheduled to govern on the Mumbai-based Suraksha group's bid to acquire Jaypee ......

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Swiss PE firm Partners Group eyeing majority stake in Sunsure Energy

Infrastructure

30 November, 2022

Swiss PE firm Partners Group eyeing majority stake in Sunsure Energy

Partners Group AG, a Switzerland-based private equity (PE) firm, is planning to invest $300 million in leading rooftop solar firm ......

Infra.Market reports five-fold jump in FY22 net profit to Rs 186 crore

TMT

13 October, 2022

Infra.Market reports five-fold jump in FY22 net profit to Rs 186 crore

Infra.Market, a business to business (B2B) marketplace for construction materials, reported a net profit of Rs 186 crore for FY22, ......

Aris Infra picks up stake in real estate solution startup Unitern Advisors

TMT

09 September, 2022

Aris Infra picks up stake in real estate solution startup Unitern Advisors

Construction and infrastructure materials focused B2B platform ArisInfra has acquired an undisclosed stake in Bengaluru-based real estate solution provider Unitern ......

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Fabrication firm Model Infra in talks for $60 million investment

Infrastructure

06 September, 2022

Fabrication firm Model Infra in talks for $60 million investment

Model Infra Corporation, which deals with heavy fabrication and construction material among other things, is in discussions with institutional investors ......

E-commerce firm YOUKRAFT racks up $10 mn from Goel family office

Consumer

11 April, 2022

E-commerce firm YOUKRAFT racks up $10 mn from Goel family office

Youkraft Solutions Pvt Ltd, which runs e-commerce marketplace YOUKRAFT, on Monday said it has secured seed funding of $10 million ......

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UVARCL picks up 15% debt of engineering services firm from SBI

Finance

09 August, 2021

UVARCL picks up 15% debt of engineering services firm from SBI

UV Asset Reconstruction Company Ltd (UVARCL) has bought about 15% debt of a stressed construction and engineering services firm, two ......

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Gammon India's former subsidiary goes bankrupt

Infrastructure

16 July, 2021

Gammon India's former subsidiary goes bankrupt

A firm once backed by Gammon India, whose several subsidiaries are insolvent, has entered bankruptcy on a plea by an ......

Sequoia, Accel, others invest in construction app Powerplay

TMT

09 July, 2021

Sequoia, Accel, others invest in construction app Powerplay

Sequoia Capital India’s Surge on Friday announced its third investment from latest cohort Sequoia Surge 05 of 23 companies. It ......

Construction services platform Brick & Bolt raises funding from Germany's Foundamental

TMT

28 August, 2020

Construction services platform Brick & Bolt raises funding from Germany's Foundamental

Pluckwalk Technologies Pvt Ltd, which operates construction services platform Brick & Bolt, has raised funding from Germany-based Foundamental GmbH, according ......