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Mumbai (Maharashtra)/ Ahmedabad (Gujarat)/ Bangalore (Karnataka) [India], April 5 (ANI/PRNewswire): Prozeal Infra Engineering Pvt. Ltd. has announced their first round of funding led by Chandrakant Gogri's family office arm - Alchemie Ventures. The USD 4 Million (approx. INR 32.5 Crore) investment is for a minority stake at an undisclosed valuation. The funds will be used to scale operations and execute developer-model projects for energy and utility companies. Incorp Advisory was the exclusive investment banker for the transaction, which represents the largest Series-A fundraising transaction in India's Solar EPC space in over 2 years. Prozeal Infra is a home-grown venture founded by two Ahmedabad-based co-founders. The company already has an order book worth INR 1,000 crore (USD 120 million) that will be fulfilled over the next twelve months. In FY25, they expect to exceed INR 1,500 Crore (USD 187.5 Million) in revenue. Manan Thakkar, co-founder at Prozeal, said, "We are ....
Mumbai (Maharashtra) [India], October 14 (ANI/PRNewswire): InCorp Advisory, a leading professional services firm in India, has announced its role in the acquisition of 76 per cent shares of J K Shah Education by Veranda Learning Solutions (NSE: VERANDA) for Rs 337.8 Crore (Approx. USD 41 Million). InCorp Advisory was the sell-side advisor for this transaction. J K Shah Education is the largest CA coaching institute in India with 90,000+ students studying at 75 centres located across 39 cities in India. Pioneer Educationist Professor J. K. Shah, the founder of J K Shah Education said, "This is an opportunity for us to take a proven and successful education pedagogy to a wider audience using technology. Veranda Learning will enable us to democratize our programs and bring them to students across all socio-economic strata and locations." "InCorp Advisory played a key role in helping us navigate the entire transaction lifecycle from due diligence support to transaction struc ....
Mumbai (Maharashtra) [India], October 14 (ANI/PRNewswire): InCorp Advisory, a leading professional services firm in India, has announced its role in the acquisition of 76 per cent shares of J K Shah Education by Veranda Learning Solutions (NSE: VERANDA) for Rs 337.8 Crore (Approx ....