JSW One Platforms Joins Unicorn Club with Rs 3,400 Mn Raise
JSW One Platforms Ltd, a tech-driven business-to-business (B2B) e-commerce platform, has raised Rs 3,400 million in fresh capital, taking its valuation to USD one billion and entering the unicorn club. The funding round was led by Principal Asset Management, OneUp, JSW Steel, and other investors.The company’s valuation has more than tripled since April 2023, reflecting its strong product-market fit and execution capabilities. The funds will be used to enhance supply chain leadership in steel and cement, expand distribution and logistics networks across India, scale its financial technology (..
Brigade Expands in Chennai with Rs 4,417 Mn Land Acquisition
Brigade Enterprises Ltd, the flagship of Brigade Group, has acquired a prime 5.41-acre land parcel in Velachery, Chennai. The deal, valued at Rs 4,417 million, was advised exclusively by Knight Frank India. The project has a gross development value of approximately Rs 16,000 million and a development potential of 0.8 million square feet.Velachery’s strategic location offers connectivity to the Information Technology Corridor of Old Mahabalipuram Road (OMR) and the Central Business District, making it attractive for residential development. This acquisition marks a milestone in Brigade’s ag..
Balu Forge Industries Delivers Record-Breaking FY25 Performance
Balu Forge Industries Ltd (BFIL), a leading precision engineering and manufacturing company, announced its audited consolidated financial results for the year ended thirty-first March 2025. The company achieved its highest-ever revenue from operations at Rs 9,240 million, up by sixty-five per cent year-on-year.Earnings Before Interest, Tax, Depreciation, and Amortisation (EBITDA) rose by one hundred ten point eight per cent to Rs 2,510 million, while Profit After Tax (PAT) increased by one hundred eighteen per cent to Rs 2,040 million. The EBITDA margin expanded by 591 basis points to 27.2 per..
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