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Kolkata: City-based Cosmic Birla Group made a foray into e-scooters with the acquisition of Maharashtra-based two-wheeler EV manufacturer Raft Motors,.
The latest capital infusion marks the final close of the Bengaluru-based startups Series A stage of funding at $12 million. In June 2023, Digantara had raised $10 million led by Peak XV Partners (formerly Sequoia Capital India and Southeast Asia).
India News: Bengaluru-based space startup Digantara has raised an additional $2 million in financing. The funding round saw participation from investors like Aditya Birla Ventures and the Small Industries Development Bank of India. Digantara aims to provide comprehensive datasets and precise orbital insights to ensure space safety.
India Business News: MUMBAI: Aditya Birla New Age Hospitality (ABNAH) has added restaurant brands Hakkasan, Yauatcha, Nara Thai and CinCin to its portfolio by acquiring 10.
Aditya Birla Group acquires KA Hospitality: The four restaurants cater to a wide segment of customers, from mid-market to premium.