Rays Power Experts Raises Rs 20 Cr Equity Funding Updated On Thu, Jul 25th, 2024 by Saurenergy Rays Power Experts, a leading full-service solar park developer in India, has raised INR 200 million in equity funding. The lead advisor for this transaction was Swastika Investmart Limited. The funding round included investments from prominent investors such as the Sunil Singhania family office, Vyom Wealth Advisors, Lalit Dua of Rajasthan Global Securities, Vineet Arora […] Read more
Rays Power Announces Closure Of Rs 127cr Fund Raise Updated On Wed, Jul 24th, 2024 by Saurenergy Rays Power Infra, a solar EPC and turnkey solution provider company today announced the successful closure of a fundraise of Rs 127 crores as equity capital. The company is also gearing up to file its IPO Draft Red Herring Prospectus (DRHP) in the last quarter of the year, setting the stage for further fundraising to […] Read more
Borosil Renewables Plans To Go For Fund Raise Updated On Mon, Jun 3rd, 2024 by Saurenergy Indian solar glass manufacturer-Borosil Renewable has now planned to for fund raise to strengthen its financial, the company recently told its investors. This has come at a time when the company has reported lower than expected profitability in the latest Q4 and annual financial results. The company’s Board has also approved the fund raise. Borosil […] Read more
Battery swapping network, Chargeup, raises USD 2.5 million Updated On Tue, Feb 22nd, 2022 by Saurenergy Chargeup, the company hoping to build one of India’s largest battery-swapping network for electric two and three-wheelers, has announced that it has raised USD 2.5 million in pre-Series A round led by Capital-A and Anicut Capital. Other marquee investors who participated in the round include actors Tiger Shroff & Shraddha Kapoor, Aman and Sameer Gupta […] Read more
Solar Hybrid Systems Firm Zola Electric Raises $90 million Updated On Fri, Sep 24th, 2021 by Saurenergy ZOLA Electric, the Amsterdam, Netherlands-based renewable energy technology company solving Energy Access and Energy Equality in emerging markets, has announced the successful completion of a $90 million capital raise, comprised of $45 million of equity, $45 million of debt. The firm has a strong footprint in Africa for now, with its ZOLA flex plug-and-play, connected, […] Read more
Lightsource BP, With Fresh $1.8 B Fundraise, Targets 25 GW RE by 2025 Updated On Tue, Sep 21st, 2021 by Saurenergy Lightsource BP, the London-based solar developer led by Nick Boyle, with 50% ownership by BP has secured a $1.8bn finance package that it announced will lead to a massive change in its plans for the immediate future. Calling the financing a key step to a change in mindset from ‘gigawatts to terawatts’ the firm has […] Read more
