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Showing posts from July, 2026

ESDS Software Solution Launches Swaraj Cloud: India’s AI-Autonomous Architect Cloud Platform

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ESDS Software Solution Ltd., India's Sovereign End-to-End AI Ecosystem Provider, today announced the launch of Swaraj Cloud an AI-Autonomous Sovereign Cloud Platform built, operated entirely on Indian soil. Running on ESDS-owned physical infrastructure housed in Indian Data Centers and governed under Indian jurisdiction, Swaraj Cloud delivers enterprise-grade compute, AI, security and developer capabilities with 100% Indian data residency and minimal foreign infrastructure dependency. The platform addresses a regulatory and operational gap that has grown more acute with the enforcement of the Digital Personal Data Protection (DPDP) Act 2023, MeitY's Cloud Selection Framework for government workloads and RBI cloud guidelines governing data residency in the banking sector. Indian enterprises in regulated industries banking, government, healthcare and public services have been required to meet increasingly stringent data sovereignty obligations while operating on infrastructure ...

Lava Announces Exciting Deals on Smartphones during Amazon Prime Day Sale

Lava International Limited, India's trusted home-grown smartphone brand, is set to make its value-led smartphone portfolio more accessible with special offers during the Amazon Prime Day Sale. The offers will be available from July 2 to July 6, beginning with Prime Early Deals on July 2–3, followed by the main Amazon Prime Day Sale from July 4–6. This limited-period offer provides Indian consumers an opportunity to experience Lava's portfolio of feature-rich smartphones at their most accessible prices yet. The sale features exclusive SBI & Axis Bank offers across Lava's line-up, including devices like the Agni 4, Bold N2 Lite, Bold N2, and Bold N2 5G, among others. As part of the sale, buyers can avail instant discounts on SBI & Axis Bank Credit Cards and EMI transactions across all participating Lava models. Select devices offer additional bump-up benefits, making this a compelling moment to upgrade to a Lava smartphone.

Innoterra Limited, a subsidiary of Swiss agritech major Innoterra AG, files DRHP with SEBI.

Innoterra Limited (formerly known as MilkLane Dairy Services Private Limited), India’s largest B2B milk procurement platform in terms of volume procured as of December 31, 2025, has filed its Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI). This offer includes a fresh issue of up to ₹105.00 crore and an offer for sale of 7,055,315 Equity Shares by the selling shareholders, Milklane Holding Pt. Ltd. and Mahyco Private Limited. The company proposes to utilize the Net Proceeds from the Fresh Issue to fund its strategic growth and operational requirements. Specifically, ₹10.69 crore is earmarked for capital expenditure to establish new bulk milk collection centres and/or replace bulk milk cooling units at existing centres. Additionally, ₹54.75 crore will be utilized to meet working capital requirements, while the remainder is intended for unidentified inorganic acquisitions and general corporate purposes. Innoterra operates as a technology-led...

Renfra Energy India Limited files DRHP with SEBI to raise funds via IPO

Tamil Nadu headquartered Renfra Energy India Limited, an integrated solar and wind energy solutions provider, catering primarily to C&I (Commercial and Industrial) clients has filed its draft red herring prospectus (DRHP) with capital markets regulator SEBI to raise funds through an initial public offering (IPO). According to the DRHP, the proposed IPO is a combination of a fresh issue of equity shares aggregating up to ₹ 430 crore and an offer for sale (OFS) of up to 47,94,800 equity shares by the Selling Shareholders. The Promoters of Renfra Energy - Muthuraj Periyasamy, Chairman & Managing Director and Jayendran, Executive Director are not participating in the OFS   Renfra Energy India Limited proposes to utilize the Net Proceeds of the Fresh Issue towards redemption of Non-Convertible Debentures issued by the company (₹ 160 crore), funding its working capital requirement (₹ 175 crore), and general corporate purposes. Incorporated in 2017, ReNfra EnerGy India Limit...

Stalwart People Services Limited files DRHP - ₹ 150 crores to be raised as fresh capital, OFS of 52,64,151 shares

Tamil Nadu headquartered Stalwart People Services Limited, a Security, Facilities Management, and Staffing Services Company has filed its draft red herring prospectus (DRHP) with capital markets regulator SEBI to raise funds through an initial public offering (IPO). According to the DRHP, the proposed IPO is a combination of a fresh issue of equity shares aggregating up to ₹ 150 crores and an offer for sale (OFS) of up to 52,64,151 equity shares by the Promoter Selling Shareholders - Christopher Arvinth and Caroline Mendez. Stalwart People Services Limited proposes to utilize the Net Proceeds of the Fresh Issue towards funding its working capital requirement of ₹ 65 crores, pre-payment or re-payment, in full or in part, of certain outstanding borrowings worth ₹ 40 crores and general corporate purposes. Incorporated in 2003, Stalwart is a business services provider offering Security Services, Facilities Management Services and Staffing Solutions under a single umbrella. As on Apri...