Welspun Energy has raised R335 Cr long term project funds from a consortium of lenders comprising of three public sector banks and one infrastructure finance firm. The funds will be used to set up a 50 MW solar power project in Rajasthan, according to BS.
Joining the likes of entrepreneurs to back and fuel startups, Infosys’ cofounders SD Shibulal, and Kris Gopalakrishnan are reuniting again to launch an incubator, Axilor Ventures that would invest up to $1 Mn in each early-stage startup they pick.
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