ACCEL Ltd.

Global VC firm Accel, Trudy Holdings, and AVP I Fund divested nearly 5% stake in SaaS company Amagi Media Labs for Rs 587 crore via open market transactions.

Global investment firm KKR signs agreement to acquire a minority stake in Indian ticketing and live entertainment platform BookMyShow to support its growth.

Accel India IV (Mauritius) offloaded a 1.3% stake (2 crore shares) in home services platform Urban Company via an open market transaction.

Sarla Aviation secures DGCA Design Organisation Approval (DOA) for its electric air taxi (eVTOL) development. This milestone enables commercial production and boosts indigenous aerospace in India.

Zetwerk Manufacturing, Marri Retail, Tonbo Imaging, and Gujarat Victory Forgings receive Sebi''s nod to float IPOs. Get details on their fundraising plans.

Solar module maker Cosmic PV Power receives Sebi approval for its Rs 640 crore IPO, including a fresh issue and OFS, to fund a new manufacturing facility.

Civil Aviation Ministry explores simplifying and expediting building approvals near airports, including NOC process automation and involving urban local bodies.

Cochin Shipyard begins construction of four advanced battery-electric tugs for Svitzer, marking a key step in India's green vessel initiative and boosting local shipbuilding.

Piyush Goyal proposes a dedicated US-India industrial park under the BHAVYA scheme to boost manufacturing & trade. India plans 100 plug-and-play parks.

UltraTech Cement plans to deploy over 600 electric trucks by Dec 2026, significantly reducing CO2 emissions and advancing its green logistics and Net Zero goals.

Carver Aviation proposes a new flying training academy at Vijayapura Airport, Karnataka, promising local opportunities and enhanced air connectivity.

Solar module maker Cosmic PV Power receives Sebi approval for its Rs 640 crore IPO, including a fresh issue and OFS, to fund a new manufacturing facility.

Civil Aviation Ministry explores simplifying and expediting building approvals near airports, including NOC process automation and involving urban local bodies.

Cochin Shipyard begins construction of four advanced battery-electric tugs for Svitzer, marking a key step in India's green vessel initiative and boosting local shipbuilding.

USFDA issued a warning letter to Reliance Life Sciences for significant CGMP violations at its Navi Mumbai facility, leading to an import alert on its drug products.