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National Investment and Infrastructure Fund Limited has invested $200 million for a majority stake in iBUS Network and Infrastructure Ltd. 

Electric buses in Ladakh are setting a compelling example in the fight against climate change. Ladakh’s Leh and Kargil regions have embraced the services of

Srinagar, Dec 15: Electric buses in the Union territory of Ladakh are setting a compelling example in the fight against climate change. Ladakh’s Leh and Kargil regions have embraced the services of 19 electric buses (eBuses) from PMI Electro Mobility Solutions, one of India’s leading electric bus manufacturers and operators, for over a year now,

The countrys leading ATM operator, Transactions Solutions International (India), has secured Rs 200 crore of investment from Piramal Alternatives. TSI has more than 14,000 ATMs under management and offers automated Bill Pay solutions for utility companies.

A majority of the investment was seed-stage funding, across 92 rounds. In October last year, startups had raised a total of $1.14 billion across 149 rounds, as per Tracxn data. Signs of a funding winter had begun to emerge from September 2022.