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Manufacturing

Stay informed on news, industry trends, funding, and policies shaping the future of the manufacturing sector in India.

RIL subsidiary to invest Rs 50 cr in Altigreen Propulsion Labs

Manufacturing

10 February, 2022

RIL subsidiary to invest Rs 50 cr in Altigreen Propulsion Labs

A subsidiary of Reliance Industries Ltd, controlled by billionaire Mukesh Ambani, announced the acquisition of a stake in electric...

Brick manufacturing startup ZERUND raises capital from govt-backed VC

Manufacturing

03 February, 2022

Brick manufacturing startup ZERUND raises capital from govt-backed VC

Zerund Manufacturing Pvt Ltd, which operates the brick manufacturing startup ZERUND, has raised an undisclosed amount from NEDFi...

Ola teases 4-wheeler EV concept day after raising $200 million

Manufacturing

25 January, 2022

Ola teases 4-wheeler EV concept day after raising $200 million

Ola Electric co-founder and chief executive, Bhavish Aggarwal, on Tuesday posted the first official image of its electric vehicle...

IK Investment Partners-backed Exxelia acquires Alcon Electronics

Manufacturing

19 January, 2022

IK Investment Partners-backed Exxelia acquires Alcon Electronics

Exxelia, a French manufacturer of high-performance passive components and sub-systems, has acquired a majority stake in Nashik-based...

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Warburg Pincus set to acquire majority stake in auto parts maker

Manufacturing

14 January, 2022

Warburg Pincus set to acquire majority stake in auto parts maker

US-based private equity (PE) major Warburg Pincus is set to pick up majority stake in Imperial Auto Industries, one of ......

Recykal raises $22 mn led by funds managed by Morgan Stanley India, others

Manufacturing

11 January, 2022

Recykal raises $22 mn led by funds managed by Morgan Stanley India, others

Waste management and recycling startup Recykal has raised $22 million (around Rs 165 crore) in funding by investment funds managed...

Tiger Global-backed B2B packaging platfom Bizongo acquihires edtech firm Hexa

Manufacturing

11 January, 2022

Tiger Global-backed B2B packaging platfom Bizongo acquihires edtech firm Hexa

Business-to-business (B2B) e-commerce and supply chain enablement platform Bizongo said on Tuesday that it has acquihired Hexa,...

Malabar India Fund to invest $17 mn in Xpro India, a Birla group firm

Manufacturing

05 January, 2022

Malabar India Fund to invest $17 mn in Xpro India, a Birla group firm

Xpro India Ltd has entered into a securities subscription agreement with Malabar India Fund limited, a hedge fund run by...

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Holisol Logistics ups capital raising plans to $100 mn

Manufacturing

03 January, 2022

Holisol Logistics ups capital raising plans to $100 mn

Holisol Logistics Pvt Ltd, a tech-enabled supply chain logistics company, plans to raise around $80-100 million (around Rs 600-750...

Supply chain firm Veefin; Logistics startup Yodacart raise funds

Manufacturing

23 December, 2021

Supply chain firm Veefin; Logistics startup Yodacart raise funds

Veefin, a supply chain finance startup, has raised $3 million in funding from Dubai based investor Rajesh Rajendran, the company...

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