Angel investor Jeet Mukesh Chandan has invested in Samvik Power, a fully integrated EPC (Engineering, Procurement, and Commissioning) and IPP (Independent Power Producer) solar solutions provider. The move highlights his growing focus on backing high-potential businesses that are shaping India’s clean energy transition. With this backing, the company now stands at a post-money valuation of […]
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Prime Offices Fund (PRIME), a Commercial Real Estate focussed fund managed by Nuvama and Cushman & Wakefield Management Private Limited (NCW), a joint venture between Nuvama Asset Management Limited and Cushman and Wakefield, has announced the acquisition of a marquee 2.4 million sq. ft. office campus located in Porur, Chennai. The asset was acquired through a 100% buyout […]
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Mehru Electrical and Mechanical Engineers Pvt. Ltd., a material subsidiary of Quality Power Electrical Equipments Ltd. (QPEEL), today announced the signing of a landmark co-development agreement with Hyosung T&D India Private Limited, a wholly-owned subsidiary of Hyosung Heavy Industries Corporation, Korea, for gas- insulated switchgear (GIS) instrument transformers. This milestone positions Mehru as one of the first Indian companies to co-develop GIS instrument transformer technology for global markets. The collaboration brings together Hyosung’s global […]
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