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The Vedanta Ltd Directors' Committee has approved The Vedanta Ltd Directors' Committee has approved a fundraise of up to Rs 3,000 crore via private placement of debentures. 

This initiative aims to enhance the company's capital structure and optimize borrowing costs. 

The firm plans to issue three lakh unsecured, rated, listed, and redeemable non-convertible debentures (NCDs) valued at Rs 1,00,000 each. 

These NCDs will be listed on the BSE. 

Previous debt issues showed substantial investor interest, with a ₹500 million bond issue oversubscribed three times last October and a 60% oversubscription earlier in June. 

Vedanta continues to access domestic and international debt markets.
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#OverNexus #VedantaDebentures #PrivatePlacement #InvestmentOpportunities #FinancialGrowth #MarketTrends
MeltPlan, a pre-construction AI platform, has rais MeltPlan, a pre-construction AI platform, has raised $10 million in seed funding led by Bessemer Venture Partners, bringing total funding to $14 million. 

The funds will help develop a "planning engine" for the construction industry, enhancing product development in areas like code, cost, and scheduling. 

Co-founded in 2025 by Kanav Hasija and Tanmaya Kala, MeltPlan's AI system comprehends building codes and construction methods, achieving over 95% on inspector exams. 

It aims to address decision-making gaps before the project scope is finalized. 

The Planning Engine will integrate compliance pathways, cost, scheduling, and value systems for optimized planning. 

Collaborating with firms like DPR Construction and Innovo Group, MeltPlan seeks to streamline construction processes, minimizing last-minute changes.
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#OverNexus #MeltPlanFunding #SeedFundingSuccess #BessemerVenturePartners #StartupInvestment #TechInnovation
upGrad has acquired the early-talent marketplace I upGrad has acquired the early-talent marketplace Internshala for an undisclosed sum, valuing it at around Rs 100 crore, with 90% of the payment in stock. 

The company plans to invest further in product innovation, AI-led talent matching, and enterprise hiring models, targeting an increase in Internshala’s revenue from Rs 45 crore to over Rs 100 crore within 18–24 months. 

This acquisition will provide upGrad learners access to Internshala's internships and job listings while attracting new users. 

Operating independently under founder Sarvesh Agrawal, Internshala will leverage upGrad’s enterprise focus and technology. 

Founded in 2011, it has over 34 million users and around 450,000 employers, with significant representation from tier-II and tier-III cities in India.
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#OverNexus #upGradAcquisition #Internshala #EarlyTalent #EdTechInnovation #CareerOpportunities
B2B engineering equipment marketplace Wootz.work h B2B engineering equipment marketplace Wootz.work has secured $6.6 million in Series A funding led by Z47, with ongoing support from Nexus Venture Partners, AdvantEdge Founders, and the addition of Stride Ventures. 

Previously, the Delhi-based startup raised $3.5 million in seed funding in August 2023, facilitated by Matrix Partners India and Nexus Venture Partners. 

The new funds will enhance engineering capabilities, improve manufacturing control systems, and support larger OEM programs. 

Co-founded in 2023 by Karan Anand and Himanshu Uniyal, Wootz.work operates globally, providing advanced manufacturing solutions and ensuring accountability in complex industrial programs. 

The company boasts substantial achievements, including managing cross-border projects for over 22 global enterprises, activating 300 suppliers, and maintaining over 98% on-time delivery and quality compliance across various international trade lanes.
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#OverNexus #WootzWork #OffshoreManufacturing #InvestmentNews #PredictabilityInManufacturing #TechInnovation
Lodha Developers has acquired development rights f Lodha Developers has acquired development rights for a Mumbai property from Sorabji Kanga Charity Trust for approximately Rs 106.12 crore. 

This includes 5,017 square metres of Rera carpet area, 150 parking spaces, and a 42.5% trust share in development. 

The property's market value is around Rs 621.71 crore, with Rs 37.42 crore paid in stamp duty. 

The total land area is 17,403.20 square metres, which includes a chawl and six bungalows; redevelopment will exclude the housing society. 

Lodha must also transfer 38,990.48 square metres to Mhada per DCPR 2034. 

Malabar Hill is a premium area with rising property values.
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#OverNexus #LodhaDevelopers #MalabarHill #RealEstateAcquisition #MumbaiProperty #LuxuryLiving
Indian payments firm BillDesk will acquire Worldli Indian payments firm BillDesk will acquire Worldline SA's Indian payment operations for about $70.8 million. 

The deal includes a long-term technology partnership where BillDesk will use Worldline’s payment software. 

Worldline values its India business at $43.7 million and aims to refocus on core payment activities in Europe, using the transaction proceeds to enhance its financial profile. 

Worldline's Indian unit previously received RBI approval for cross-border payments, allowing it to operate under regulations. 

BillDesk’s FY24 revenue declined to Rs 2,334 crore, with a profit drop to Rs 121 crore. 

The transaction closure is anticipated in the latter half of 2026.
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#OverNexus #BillDeskAcquisition #WorldlineIndia #PaymentSolutions #DigitalPayments
Prabhkiran Singh, co-founder of Bewakoof, will lea Prabhkiran Singh, co-founder of Bewakoof, will leave the company after 14 years, continuing until March to prioritize personal matters. 

Founded in 2011 with Siddharth Munot, Bewakoof evolved into a youth-centric D2C fashion brand, selling products mainly online. 

With a focus on affordable, trendy items, it gained strong popularity among Gen Z and millennials. 

In 2022, TMRW, part of the Aditya Birla Group, acquired a majority stake for Rs 200 crore, integrating Bewakoof into its digital fashion portfolio. 

The brand was among the first in India to achieve Rs 100 crore in annual revenue, reporting Rs 173 crore in FY25, while reducing losses to Rs 73 crore.
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#OverNexus #Bewakoof #PrabhkiranSingh #LeadershipChange #EntrepreneurJourney #BusinessNews
Wishlink, a creator-focused commerce startup, has Wishlink, a creator-focused commerce startup, has secured $17.5 million in a Series B funding round led by Vertex Ventures Southeast Asia & India, with participation from existing investors Fundamentum and Elevation Capital. 

This funding follows a $7 million raise in February 2024 and a $3 million seed round in October 2022. 

The funds will enhance creator and brand partnerships and improve technology for users. 

Founded in 2022 by Shaurya Gupta, Divyansh Ameta, and Chandan Yadav, Wishlink enables product discovery through influencers, supporting over 40,000 monthly active creators and facilitating over 6 million orders, generating over Rs 350 crore in monthly sales. 

Revenue surged 356% YoY to Rs 53.80 crore in FY25.
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#OverNexus #WishlinkFunding #SeriesBInvestment #VertexVentures #StartupGrowth #TechInvestment
LAT Aerospace, a hybrid-electric regional aircraft LAT Aerospace, a hybrid-electric regional aircraft manufacturer, has acquired Gurugram-based defence robotics startup Sharang Shakti. 

This marks LAT's first step toward developing indigenous defence capabilities alongside its civil aviation projects. 

Goyal stated that despite civil aviation and defence being seen as separate, they share core technologies like autonomy and navigation. 

LAT Aerospace, co-founded by Goyal in early 2025 with a $20 million investment, is seeking to raise an additional $50 million. 

Sharang Shakti, established in 2023, focuses on anti-drone systems and aerial threat mitigation. 

The acquisition aims to enhance LAT's expertise in autonomous systems and defence technology while developing hybrid-electric aircraft and VTOL platforms to improve regional air mobility.
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#OverNexus #DeepinderGoyal #LATAerospace #SharangShakti #AerospaceAcquisition #InnovationInAerospace

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