In FY24, Gramiyaa produced 2.87 lakh litres of oil and achieved a net revenue of Rs 12 Crore while remaining EBITDA profitable. Following the recent funding, the company is setting more ambitious growth targets and plans to intensify its brand-building and marketing efforts
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To date, RPSG Capital Ventures has invested in 16 companies. Their portfolio includes brands such as The Souled Store, Supertails, Perfora, mCaffeine, Vedix, SkinKraft, Plix, and True Elements
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Fyllo will use the funds to expand into new geographies and crops and develop more precision agriculture products
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The Venture Capital Fund, known as Holani Venture Capital Fund Category I AIF (Alternate Investment Fund), is an Indian growth capital private equity fund managed and sponsored by Holani Capital Advisors LLP. The fund is now registered under SEBI as a Category I AIF – Venture Capital Fund
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This investment follows KKR’s recent acquisition of a controlling interest in the Healthium Group from an affiliate of Apax Partners LLP. Details of the transaction were not disclosed
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In an official statement, One97 Communications clarified, "The abovementioned news item is speculative, and the company is not engaged in any discussions in this regard
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According to media reportts, by January 2024, IA had supported 225 startups, with two-thirds successfully raising follow-on funding and a 33 per cent exit rate, achieving six times return on investments over the past six years
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Adani Group is considering providing online shopping services through the Open Network for Digital Commerce (ONDC), as per media reports
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As per media reports, the firm is also developing a healthcare fund, with its second investment close to completion and a third term sheet signed
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The potential partnership with the Adani Group could provide a much-needed boost for Paytm amidst its ongoing struggles
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