Business news India: Latest India business news headlines today 21 December 2021
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Here’s today business news, the latest business news India today 21 December 2021.
- OfBusiness, a raw material procurement, and business finance firm, is reported to have raised $325 million in Series G funding round led by Alpha Wave Ventures ll, Tiger Global Management, and SoftBank Vision Fund 2.
- Bizongo is reported to have raised $110 million funds in a Series D round of funding led by Tiger Global Management with new investments from CDC and IFC EAF and many others.
- Cars24 is reported to have raised $390 million funds in Series G equity raise and $100 million debt from financial institutions led by existing investors.
- A tea brand delivering fresh teas from growers of Assam and Northeast, Esah Tea, raised Rs 3 crores in pre-Series A round from NEDFI Ventures Capital Ltd.
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- Power Exchange India Ltd has launched Integrated Day Ahead Spot market for collective transactions integrating Renewable Energy and conventional energy.
- Shree Cement, as per reports, will set up a Greenfield Cement Plant worth Rs 1500 crore in the Guntur district of Andhra Pradesh.
- Brihanmumbai Developers Association and Central Mumbai Developers Welfare Association have consolidated under National Real Estate Development Council, Maharashtra.
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- A 100 MW solar project for battery energy storage system in Rajnandgaon, Chattisgarh has been awarded to Tata Motors by SECI.
- TVS Motors have collaborated with what3words, a location technology provider, for offering a seamless and accurate navigation experience for its two-wheeler customers.
- Nirmala Sitharaman has reported that Rs 13,100 crore has been recovered by banks from the sales of fugitive offenders namely Vijaya Mallya, Nirav Modi and Mehul Choksi.
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