Tue, Nov 26, 2024 1:03 PM
Hittco Precision Tool Standalone September 2024 Net Sales at Rs 1.38 crore
A Flip by Avya Verma
Limited partners (LPs), who had tightened their purse strings in the first quarter of 2024 after fresh commitments to India-focused private equity, private credit, venture capital and public markets funds hit a record high at the end of 2023, are slowly raising their allocation to the alternatives asset class.
Open Flip
FPL Technologies Pvt Ltd, the company behind credit card platform and fintech unicorn OneCard, is raising a total of $28.5 million (around Rs 240 crore) in a bridge funding round. San Francisco-based venture capital firm Better Tomorrow Ventures has joined the cap table in the latest round with existing investors Peak XV Partners and Z47 (the erstwhile Matrix Partners India) also chipping in.
Open Flip
Genesys International is poised to capitalize on India's projected Rs 29,300 crore geospatial market by 2030, with Elara Capital initiating coverage with a target price of Rs 1,370, projecting a 66% growth from the current price, citing the company's superior tech ecosystem and strong growth prospects in the high-growth geospatial sector.
Open Flip
