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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Banks risk losing relevance with merchants According to the new report, banks have deprioritized the merchant services business, citing margin compression, increasingly complex infrastructure, and hefty operational costs, so PayTechs have stepped in to fill the gap. While 70% of merchants value high payment success rates and reliable infrastructure in a digital-first environment, only 19% of […]
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BlackSoil Capital, the Non-Banking Financial Company of BlackSoil Group, has raised ₹210 crore debt in the first half of 2025 (Jan to Jun). The fundraise highlights BlackSoil’s expanding role as a trusted alternative credit partner for India’s SMEs and high-growth businesses. Despite ongoing NBFC crisis and softening sentiment in credit markets, BlackSoil’s ability to mobilise […]
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