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Bank of Baroda intends to raise ₹10,000 crore by i Bank of Baroda intends to raise ₹10,000 crore by issuing green infrastructure bonds on March 4, with a base issue size of ₹5,000 crore and an option to retain an additional ₹5,000 crore. 

These seven-year bonds will mature on March 5, 2033, and have a pay-in and allotment date of March 5, 2026. 

Bidding will occur on March 4 between 11:00 am and 12:00 pm on the NSE's EBP platform. 

The bonds, rated 'AAA' by CARE Ratings and ICRA, will offer annual interest payments and be allocated via a closed bidding process on a uniform yield basis, with a minimum application size of ₹1 lakh.
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#OverNexus #BankofBaroda #GreenInfraBonds #SustainableFinance #InvestmentOpportunities #EcoFriendlyInitiatives
Unacademy has launched a Rs 50 crore ESOP buyback Unacademy has launched a Rs 50 crore ESOP buyback programme to provide liquidity for employees, as stated by co-founder Gaurav Munjal. 

The buyback is expected to benefit eight employees with over Rs 1 crore each, 17 with over Rs 50 lakh, and 38 with over Rs 10 lakh. 

Munjal expressed gratitude to the board for creating a cash pool despite lower current valuations. 

He mentioned a 30-day window for former employees to exercise vested stock options, highlighting the company's strategic adjustments amid post-pandemic challenges. 

Unacademy is transitioning to a franchise model and has explored consolidation, though talks with upGrad recently failed.
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#OverNexus #UnacademyESOP #BuybackAnnouncement #EmployeeStockOptions #InvestmentOpportunities #StartupGrowth
Info Edge has introduced B8 Fund-I, a new growth-s Info Edge has introduced B8 Fund-I, a new growth-stage investment fund with a ₹250 crore commitment, its first dedicated fund for later-stage companies, with potential to raise more capital. 

The company already runs four early-stage investment platforms, including Info Edge Ventures, which has collected ₹2,300 crore over three funds, and Capital 2B with ₹280 crore. 

Info Edge has invested in startups like Gnani AI and Zomato, focusing on tech-enabled companies in India. 

B8 Fund-I is registered with Sebi as a Category II alternative investment fund, retaining an eight-year tenure. 

For the quarter ending December 31, Info Edge reported an operating revenue of ₹819 crore and a net profit increase of 10% to ₹317 crore.
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#OverNexus #InfoEdgeInvestment #GrowthStageFund #StartupFunding #VentureCapital #InvestmentOpportunities
Uber invested nearly Rs 3,000 crore (around $330 m Uber invested nearly Rs 3,000 crore (around $330 million) into Uber India Systems Pvt Ltd to tackle fierce competition from rivals like Rapido, which rapidly increased its market share. 

The investment, raised through the issuance of 14.4 million equity shares at Rs 2,022.85 each, totaled Rs 2,921 crore. 

The funds were injected in two tranches: Rs 200 crore in November and Rs 2,721 crore in January. 

This boost came as Uber India faced an 89% drop in net revenue from ride-hailing, falling from Rs 807 crore in FY24 to Rs 88 crore in FY25, despite flat gross revenue at Rs 2,604 crore. 

Meanwhile, Rapido reached over Rs 1,000 crore in income and surpassed competitors with a 50% market share in total rides, while Uber holds about 40%. 

Rapido leads in the bike and three-wheeler sectors with over 65% market share.
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#OverNexus #UberInvestment #RapidoCompetition #IndianRideHailing #MobilityMarket #TransportationTrends
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

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