Browsing Tag
Mukul Agrawal
3 posts
ESDS is putting 80% of its IPO into servers and cloud infrastructure, now utilisation has to justify a Rs 5,028cr valuation
ESDS Software Solution closes its ₹720 crore IPO today with 80% of the proceeds earmarked for cloud and data-centre infrastructure. Revenue increased 31% and profit more than doubled in FY26, but a roughly 42-times post-issue earnings valuation assumes its AI, GPU and sovereign-cloud expansion can convert heavy infrastructure spending into sustained high-margin growth.
ASM Technologies raises Rs 1,701m in strategic fundraise led by investor Mukul Agrawal
In a significant move to strengthen its foothold in the design-led manufacturing sector, ASM Technologies Limited, a front-runner…
Rite Water Solutions raises Rs 32.5cr in Series B for clean water technologies
Rite Water Solutions has successfully closed the second and final part of its Series B funding round, amassing…