BENGALURU — Whizzo, an avant-garde materials science-based manufacturing startup disrupting the traditional textile and industrial materials sector, is reportedly in advanced discussions to raise approximately $26 million in its Series B funding round. According to industry insiders familiar with the development, the upcoming financing event is expected to be co-led by prominent institutional investors Aavishkaar […]
Gravity Secures $15 Million Funding to Revolutionize India’s $1.5 Lakh Crore Interior Materials Market
In a significant move that underscores the growing investor appetite for organized players in India’s fragmented home interior space, Gravity, a full-stack platform for premium home interior materials, has successfully raised $15 million in a fresh funding round. The capital infusion, structured as a blend of equity and debt, was led by prominent investment firms […]
Apollo Pipes Expands into the Building Materials Segment with a Controlling Stake in Mazzini Tiles
Mumbai: In a decisive strategic move to deepen its footprint within India’s fast-evolving building materials sector, Apollo Pipes Ltd announced that its newly incorporated subsidiary, Apollo Ceramics Ltd, has successfully acquired a 76% equity stake and profit-sharing rights in Morbi-based Mazzini Tiles LLP. Executed for a cash consideration of ₹40.42 crore, the transaction grants Apollo […]