Mesabi Metallics Company LLC, backed by the Essar Group, has entered into a new $520 million senior secured credit facility with Valor Mining Credit Partners II, LP, a dedicated mining…
Category: Companies
Cargill India witnessing double-digit growth rate, B2B biz emerging as key growth pillar
Global food coporation Cargill is witnessing double-digit growth in India with the B2B business emerging as a key growth pillar. The company said it is also leveraging its Innovation Centre in the country…
Nvidia deal spree continues; Jensen Huang-led company to invest $2 billion in Marvell as AI race heats up
Jensen Huang-led , on Tuesday (local time), announced that it has invested $2 billion in a “strategic partnership” with Marvell Technology, adding that the two chipmakers now plan to partner…
Dugar Finance raises $5 million in Pre-Series A round led by HegdInvst
Chennai-based non-banking financial company (NBFC) Dugar Finance has raised $5 million (₹45 crore) in a Pre-Series A funding round led by HegdInvst, a Category II AIF focused on growth equity investments. The capital will support the company…
Rentomojo expects strong demand for rental furniture, appliances
With the cut in discretionary spending amid job losses triggered by the West Asia, the furniture and appliance rental platform Rentomojo expects strong demand as consumers defer high-value purchases such…
Novo Nordisk slashes Ozempic, Wegovy prices as generic competition heats up
Mumbai: Innovator Novo Nordisk on Tuesday said it is reducing the starting dose prices for its semaglutide brands Ozempic and Wegovy by 36% and 48%, respectively. It will also offer…
E-autos take lead: Mahindra, Bajaj, TVS in three-way race in FY26
India’s electric three-wheeler market is shaping into a three-way contest in FY2026, as per Vahan data, with Mahindra Last Mile Mobility leading with over 91,000 units and around 35 per…
Novo Nordisk slashes price on starting dose of Ozempic and Wegovy by 36 and 48%, respectively
Danish healthcare major Novo Nordisk has slashed prices for a second time in India on its blockbuster obesity drug Wegovy, besides dropping prices on its diabetes product Ozempic, as well,…
How VCMint fast-tracks investments in early-stage startups
Serial entrepreneur Aditya Vuchi, who built Media Mint along with his wife Neelima Marupuru, has identified a lacuna – unavailability of funding for early-stage startups- in the startup investment space.…
Starting a consumer brand is easier than ever in India. Scaling it is getting harder
MUMBAI: India’s consumer startup boom is producing brands at record speed, but many are stalling just as quickly when it comes to scaling. “It’s never been easier to start a…