Ajay Kumar

Today, the ordinary can easily become an opportunity for growth and connection. All this depends on recognizing it and taking advantage of such moments.

The money will be used by the business to expand its workforce and improve its AI and large language model (LLM) capabilities.

The startup will use the funding to improve product development and build its brand.

The business intends to use this money to build the necessary charging infrastructure and accelerate the rollout of electric heavy-duty vehicles throughout India to promote sustainable logistics.

One of the top banks in Japan and a significant player in the APAC financial sector, Sumitomo Mitsui Banking Corporation (SMBC), contributes capital and strategic alignment to the collaboration.

Over the past 12 years, RVM has grown into a trusted infrastructure company, driven by its motto, “POWERED BY OBSESSION,” focusing on technically challenging projects and creating essential infrastructure.

The IPO is open for subscription on November 6. On the first day of bidding, bids for the inaugural share sale totaled 98.87 lakh shares, while the offered shares were 16.01 crore.

The venture capital business claims that it received more funding from domestic limited partners (LPs), such as businesses, institutions, HNIs, and family offices.

According to business, the money will be used to accelerate the 2025 launch of an excellent quality, all-weather satellite that would provide crucial multi-sensor data for industries.

Along with enhancing their collaborations with prestigious universities like TIFR Hyderabad and IIT Madras, the money will greatly support their R&D and vital technological development initiatives.