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PitchBoard | 8 July 2013

Fast-growing Energy Services Company Seeking Funds

by Charmi Gutka
 
@charmi
A leading certified energy saving equipments maker for reactive compensation and service provider to the electricity utilities and industrial units, backed by engineer-promoters with over two decades of experience in the industry is seeking funds for growth.

The company has partnered with a MNC for cost benefits and has orders over R100 Cr.

GAIL To Acquire Stake In RCF's Fertiliser Plant

GAIL India Ltd is in talks to acquire 5%-10% stake in Rashtriya Chemicals and Fertilizer Ltd’s (RCF) urea and ammonium nitrate plant at Talcher in Odisha.

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Grocery E-Tailer BigBasket Plans PE Fund Raise

Bangalore based grocery e-tailer BigBasket is planning to raise around R300 Cr to expand its presence in Delhi, Chennai, Pune and Ahmedabad. It had recently raised $3 Mn from Singapore based investor.

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