Tag: BENGALURU
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Ocior Energy’s CEO Entangled in Adani Bribery Case Whilst Securing Major Deal
Ocior Energy’s CEO, Ranjit Gupta, implicated in the Adani bribery case, has secured a ₹10,000 crore pact with REC Ltd. while operating under legal scrutiny. With zero revenues and significant ambitions in the green energy sector, concerns arise regarding its viability, especially given the ongoing federal investigation into alleged corrupt payments. Industry experts caution that…
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Stellaris Venture Partners Launches $300 Million Fund for Early-Stage Tech Startups
Bengaluru-based Stellaris Venture Partners has unveiled its largest fund of $300 million to invest in early-stage tech startups, primarily at seed and Series A stages. The firm aims to back 25-30 companies over the next three years, highlighting a strategic focus on innovation in India’s burgeoning startup ecosystem. The fund will elevate Stellaris’s assets under…