39 Indian Startups Secure Over $387 Million This Week Amid Volatility
New Delhi, June 1 (IANS) Funding in the Indian startup ecosystem continued unabated this week despite volatility in stock markets over weak global cu
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New Delhi, June 1 (IANS) Funding in the Indian startup ecosystem continued unabated this week despite volatility in stock markets over weak global cu
Zerodha Co-Founder Nikhil Kamath has led a $20 million funding round in construction materials marketplace Infra.Market's unit, RDC Concrete. Infra.Market has divested a minority stake in RDC Concrete to various investors, such as Kamath, Capri Global Family Office, Sumeet Kanwar from Verity, and Abhijeet Pai-led Wear Steels.
The Thane-headquartered firm had sold a 10% stake in RDC Concrete to a group of investors led by Ashish Kacholia in November 2023.
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Infra.Market is poised to ramp up its offerings in the infrastructure sector and is in the process of increasing allocation for infrastructure projects under the National Infrastructure Pipeline.