The Ola Futurefactory is coming up on a 500-acre site in Tamil Nadu. At full capacity of 10 million vehicles annually, it will be the world's largest two-wheeler factory
Other investors in this round are Mohit Burman (Dabur Group), Keiretsu Forum (NCR, Bengaluru & Chennai Chapters) and a group of other marquee Indian and International HNIs
Flobiz said it has raised $10 million (about Rs 72.5 crore) in a series-A round from Elevation Capital and existing investors Greenoaks Capital and Beenext
Adani Ports and Special Economic Zone (APSEZ) on Tuesday said it has raised $750 million (about Rs 5,600 crore) by issuing fixed rate senior unsecured notes.
Indian social media app Sharechat is in talks with US-based venture capital firm Sequoia Capital to raise around Rs 1,500 crore, according to a source.