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Aviation veteran Rakesh Gangwal invests $20 mn in Zetwerk

Manufacturing

07 March, 2024

Aviation veteran Rakesh Gangwal invests $20 mn in Zetwerk

No-frills carrier IndiGo's co-founder Rakesh Gangwal has invested $20 million in business-to-business manufacturing unicorn Zetwerk. Gangwal, who was also former chief ......

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Deals Digest: PE/VC funding activity grows, but M&As slump

TMT

20 October, 2023

Deals Digest: PE/VC funding activity grows, but M&As slump

Private equity and venture capital deals continued to be on an upward trajectory, though the week saw only a slight ......

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Grapevine: Adani eyes another cement firm; PE-backed Hero FinCorp gears up for IPO

General

18 October, 2023

Grapevine: Adani eyes another cement firm; PE-backed Hero FinCorp gears up for IPO

Orient Cement Ltd’s promoter CK Birla has reached out to billionaire Gautam Adani to sell his stake in the business, a media report ......

BlackSoil deal count doubles in Q1 but average ticket size falls

Finance

24 August, 2023

BlackSoil deal count doubles in Q1 but average ticket size falls

Venture debt and alternative credit platform, BlackSoil Capital on Thursday said that it has invested $30 million (nearly Rs 250 ......

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Spotlight: How Infra.Market intends to stay in the fast lane as sales, profit jump

TMT

26 July, 2023

Spotlight: How Infra.Market intends to stay in the fast lane as sales, profit jump

Business-to-business construction material marketplace Infra.Market plans to expand its product portfolio and lift exports as part of efforts to sustain ......

Zetwerk ropes in former RPG executive as CFO

Manufacturing

13 July, 2023

Zetwerk ropes in former RPG executive as CFO

Business-to-business (B2B) manufacturing services marketplace Zetwerk has appointed Pulkit Bhandari as the company’s chief financial officer. In his new role, Bhandari ......

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Spotlight: Zetwerk's margin remains wafer thin but FY23 sales catapult it among top unicorns

TMT

07 July, 2023

Spotlight: Zetwerk's margin remains wafer thin but FY23 sales catapult it among top unicorns

Business-to-business (B2B) manufacturing services marketplace Zetwerk, which entered the unicorn club of startups in its Series E round in mid-2021 ......

Upstox backer BlackSoil snags $25 mn in fresh round

Finance

04 April, 2023

Upstox backer BlackSoil snags $25 mn in fresh round

Alternative credit platform BlackSoil Capital has raised $25 million (around Rs 205 crore) via bank debt, non-convertible debentures, AIF commitments ......

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B2B manufacturing marketplace Zetwerk pulls in $12 mn in debt funding

Finance

06 March, 2023

B2B manufacturing marketplace Zetwerk pulls in $12 mn in debt funding

Business-to-business (B2B) manufacturing services marketplace Zetwerk has raised around ₹100 crore in debt capital, with a fund backed by the ......

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Deals Digest: PE, VC deals value remains little changed this week

Finance

02 December, 2022

Deals Digest: PE, VC deals value remains little changed this week

Investments by venture capital (VC) and private equity (PE) dipped 5.9% this week to $287 million from last week’s $305 ......