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Aureos and ePlanet Ventures Invest $16M in Indian Logistics Company

The Aureos India Fund and ePlanet Ventures invested US$16m in Indian container logistics and warehouse management services company, Continental Warehousing Corporation Limited, part of...

NYSE-Quoted AMETEK Acquires Two Businesses in India

NYSE-quoted AMETEK, Inc., a global manufacturer of electronic instruments and electromechanical devices, has acquired the assets of two affiliated businesses headquartered in Mumbai, India,...

Indian RT Outsourcing Services Raises $13.5M From Venture Capital Firm NEA

RT Outsourcing Services Ltd., an Indian Sonoma Management Partners portfolio company, raised Rs.650m (approximately $13.5m) from US-based global venture capital firm New Enterprise Associates,...

Omidyar Network Commits $30M to Entrepreneurship in India and Sub-Saharan Africa

Omidyar Network, a philanthropic investment firm dedicated to harnessing the power of markets to create opportunity for people to improve their lives, announced a...

European Investment Bank Provides EUR 100 million to Volkswagen India

The European Investment Bank (EIB) is providing €100m to Volkswagen India Private Ltd., a subsidiary of the Volkswagen Group, to finance part of a new...

Indian Government approves Creation of ‘Invest India’ for Promotion of FDI

The Government of India is planning to create a not for profit company Invest India in order to promote Foreign Direct Investments(FDI) into the...

UNIDO launches projects worth US$9m, benefiting industry in India

The United Nations Industrial Development Organisation (UNIDO) is launching new industrial projects totaling US $9m to benefit industry in India.A US $5.9m cluster development...

India will double the flow of credit to MSMEs in five years, PM says

Indian Prime Minister, Dr. Manmohan Singh, said the government needs to do more to realize the full development potential of Micro, Small and Medium...

THE DAILY NEWSLETTER - SIGNUP