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MatchLog Solutions raises USD 1.5 mn in pre-series A funding round, ET Auto

Matchlog Solutions: This funding will enable the company to shift to a full platform model, emphasizing carbon reduction as a core aspect of its offering. The investment will also expand MatchLog’s market presence, enhance strategic partnerships, and deepen collaborations within the global shipping and port ecosystems, the company said.
Vansh Oberoi Satya Bansal Ankit Kedia Dhruv Taneja Ravindra Krishnappa Matchlog Solutions

Operating profit of offshore rig operators may jump 30% in FY25: Report, ET Auto

Crude price, which averaged at USD 55 a barrel between fiscals 2016 and 2021, increased to USD 86 a barrel on average since fiscal 2022. Higher crude prices have, in turn, incentivised increased capex in offshore exploration and production activities, driving up demand for offshore rigs.
Naveen Vaidyanathan Ankit Kedia Crude Prices Naveen Vaidyanathan Offshore Rig Operators Rig Operators

crude prices: Operating profit of offshore rig operators may jump 30% in FY25: Report

Crude price, which averaged at USD 55 a barrel between fiscals 2016 and 2021, increased to USD 86 a barrel on average since fiscal 2022. Higher crude prices have, in turn, incentivised increased capex in offshore exploration and production activities, driving up demand for offshore rigs.
Naveen Vaidyanathan Ankit Kedia Crude Prices Offshore Rig Operators Rig Operators Profit Of Offshore Rig Operators

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Ridiculous seed-stage valuations have gone: Capital A's Ankit Kedia

Capital A, co-founded by Ankit Kedia, plans to raise its second fund after deploying 30% of its first fund, which was launched in 2021 with a corpus of ₹250 crore. Kedia said the first fund has invested in about 20 startups and the remaining capital will be deployed over the next couple of years.
Ankit Kedia Manjushree Technopack Ltd Capital A Credit Fair Venture Capital

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