Regtech Startup Idfy Gets Rs 476 Cr From Current Investors & Neo Asset Management
Mumbai-based regtech company Idfy has secured Rs. 476 crore (~USD 52 million) in a recent funding round, led by Neo Asset Management’s Neo Secondaries Fund, along with existing investors Blume Ventures, Analog Capital, Elev8, and so on. According to the Ministry of Corporate Affairs filings, the round saw a combination…
Honeywell and TCS collaborate to expand AI-powered operations
Tata Consultancy Services and Honeywell have collaborated to form a strategic partnership aimed at facilitating the adoption of AI-based autonomous operations within buildings and industries. This strategic partnership seeks to enable the connection of IT and OT, thereby promoting decision-making based on information obtained in real-time. With the dynamic and…
Inox Clean Energy Bets on Secured Infrastructure as It Expands to Africa
The joint venture of Inox Clean Energy Services Limited and RJ Corp seeks to venture into the renewable energy space in Africa through the acquisition of Skypower Services MENA Ltd. The company seeks to add 570 MW of solar power capacity within the first phase, backed by sovereign power purchase…
West Central Railway Offers Rs 1897 Cr Railway Tender to GR Infraprojects
G R Infraprojects Limited has won a major INR 1897.51 Crores EPC contract as an L1 company for the West Central Railway. This is an important contract as it encompasses the creation of a brand-new railway line stretching across the distance of Km 124/400 to 165/380 in Madhya Pradesh, including…
