In Short : The Union Cabinet has approved the Startup India Fund of Funds 2.0 with a ₹10,000 crore corpus to mobilize venture capital for India’s startup ecosystem. The initiative aims to boost domestic funding for deep-tech, innovation-led, and early-growth startups through SEBI-registered Alternative Investment Funds, strengthening India’s entrepreneurial landscape and accelerating long-term economic growth. […]
DIF Capital Partners (“DIF”), a leading global independent infrastructure investment fund manager, through its fund DIF Infrastructure VI, has reached an agreement to acquire a 51% stake in ib vogt GmbH (“ib vogt”), one of the world’s leading developers in utility-scale PV solar, from its current 100% shareholder (“DVV”). With a total capacity, built or […]
NEW DELHI: To realize its dream to have clean, green and people-centric mobility solutions, Delhi may need to deploy nearly 35,000 electric and accessible passenger vehicles, at least 1,000 electric vehicles for last-mile connectivity and several hundred public charging and swapping stations in the next year, a first-of-its-kind report has stressed. With one of the […]
MIAMI : I Squared Capital, through its ISQ Global Infrastructure Fund I, has sold its interests in Kendall Green Energy to Veolia Energy North America. Kendall is a cogeneration facility in Cambridge, Massachusetts with 232 megawatts of capacity and provides over 90 percent of the district steam used in Cambridge and Boston. “This is the […]