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Eversource-controlled Ecofy set to secure fresh capital from overseas investor

Finance

08 December, 2025

Eversource-controlled Ecofy set to secure fresh capital from overseas investor

Ecofy Finance Pvt Ltd, a non-bank lender controlled by private equity firm Eversource Capital, is raising fresh capital from an ......

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Eversource-backed Ecofy taps offshore investor for capital

Finance

12 November, 2025

Eversource-backed Ecofy taps offshore investor for capital

Ecofy Finance, a non-bank lender backed by Eversource Capital, has tapped an offshore investor to raise equity capital. The fresh capital ......

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Eversource-backed GreenCell raising over $100 mn from offshore investor

Infrastructure

04 August, 2025

Eversource-backed GreenCell raising over $100 mn from offshore investor

Eversource Capital-backed electric mobility firm GreenCell Mobility Pvt Ltd, along with its subsidiary GreenCell Express Pvt Ltd, is raising over ......

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Bottomline: Eversource-backed Ecofy grapples with high opex, rising bad loans

Finance

11 July, 2025

Bottomline: Eversource-backed Ecofy grapples with high opex, rising bad loans

Ecofy Finance, a green-focused non-bank lender backed by Eversource Capital, is facing early-stage growing pains as it struggles with elevated ......

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Grapevine: Eversource, BluSmart, Yulu, Whirlpool, and Rebel Foods in news

General

22 April, 2025

Grapevine: Eversource, BluSmart, Yulu, Whirlpool, and Rebel Foods in news

Private equity firm Eversource Capital has submitted a Rs 1,200 crore non-binding offer to take over EV ride-hailing firm BluSmart, ......

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Ecofy Finance secures $12.5 mn from offshore investor

Finance

25 March, 2025

Ecofy Finance secures $12.5 mn from offshore investor

Ecofy Finance, a green transition-focused non-banking financial company (NBFC), has secured capital from an offshore investor.  Co-founded by financial services veterans ......

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Grapevine: Swiggy, Hyundai, InCred in IPO news; Jupiter eyes SBM India

General

25 September, 2024

Grapevine: Swiggy, Hyundai, InCred in IPO news; Jupiter eyes SBM India

Swiggy has secured approval from Securities and Exchange Board of India (SEBI) for its initial public offering (IPO) of shares ......

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Bottomline: NIIF-controlled Ayana loses momentum as revenue growth slows, profit slumps

Infrastructure

20 September, 2024

Bottomline: NIIF-controlled Ayana loses momentum as revenue growth slows, profit slumps

The financial year 2023-24 was not a particularly fruitful one for green energy company Ayana Renewable Power Pvt Ltd as ......

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Eversource's Radiance teams up with infra investor PIDG for green energy play

Infrastructure

11 June, 2024

Eversource's Radiance teams up with infra investor PIDG for green energy play

Radiance Renewables, an Indian renewable energy company backed by private equity firm Eversource Capital, has formed a joint venture with emerging ......

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Bottomline: Greencell Express' loss widens, revenue jumps as e-bus rollout moves ahead

Infrastructure

29 May, 2024

Bottomline: Greencell Express' loss widens, revenue jumps as e-bus rollout moves ahead

GreenCell Express Pvt. Ltd, a wholly owned subsidiary of Eversource Capital-managed GreenCell Mobility Pvt. Ltd, likely ended the financial year ......

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