Infusion to fund expansion of product portfolio, R&D & operations The Board of Directors of Ashok Leyland have approved an investment of Rs. 1200 cr. in Switch Mobility as equity through its holding company Optare PLC UK. The funds infused will be used for capital expenditure, R&D and meeting operational requirements both in UK and India. The funds […]
Paragon Partners, a leading growth capital focused mid market private equity fund, has invested Rs. 50 crores in Everest Fleet, India’s largest fleet management provider. The investment will be deployed to accelerate Everest Fleet’s growth and expansion into new markets. “India is at a transformative juncture for shared mobility. We envisage a future where fleet […]
The Lubrizol Corporation, a global leader in specialty chemicals, is advancing its commitment to continued growth in India with several significant projects across its portfolio. The company is pledging more than 150 million USD of in-region investment, including breaking ground on India’s largest CPVC resin plant in Vilayat, Gujarat, doubling capacity at its site in Dahej, […]