Lohum aims to raise $100 million in its series C round and another $100 million in pre-IPO placement, Verma said, adding that the formal fund-raising process will begin in the next couple of months.
Government and household spending are currently fueling infrastructure growth, while private capital expenditure remains sluggish due to low capacity utilization and policy uncertainty. Infrastructure providers
Sandip Raichura of PL Capital Group anticipates near-term market pressure amid global uncertainties, but remains optimistic about Indian equities due to structural and cyclical factors.
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