Investors Darlings – Top 10 India Headquartered Companies Who Raised More Than US$100M in 2019
Capital is known as the heart of any business. A considerable amount of finance is required to run successfully; it can be any form of capital machine or labor, but for any capital to perform well, financial capital is crucial. Assets, securities, and cash form a part of financial capital. The market is unpredictable so the funds how to be arranged even in the time of crisis to survive in the industry. Financial capital can be raised by debt and equity. Debt financing is a process where the company borrows the fund from a lender and agrees to pay it later. Equity financing is a process where capital is generated by issuing shares and not by borrowing.
The 10 India Top 10 India Headquartered Companies Who Raised More Than US$100M in 2019 are:
- One97 Communications Limited: One97 Communications is a private company found in the year 2000. It is owned by Vijay Shekhar Sharma. The company is in the last funding stage of the venture. The company has headquarter in New Delhi and has regional offices in Mumbai, Pune, Bengaluru, Chennai, and Kolkata. It has global offices in Europe and the Middle East. The major investors of the company are Ali Pay, Silicon Valley Bank, Soft Bank and others. As per the November 2019 financial statements the company has raised US$100 Million. The total funding amount currently amounts to US$3.8 Billion.
- Capital Small Finance Bank: The Capital Small Finance Bank is a private equity company. It is India’s first Small finance bank. It started operations in 2016. Nine other entities along with Capital Long Area bank had pooled capital for this bank by getting approval from the Reserve Bank Of India. As per the current financial records, US$859.7 Million is the total funding amount.
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- Airtel: Airtel is a communication company having its presence globally. It is founded by Sunil Bharti Mittal. The company is a public limited one listed on the exchange. It provides mobile, broadband and DTH services in India. The headquarter of the company is located in New Delhi and has many offices globally. It is the first Indian company to receive Cisco Gold Certification. As per current financial records, US$7.50 Million is the last funding amount it raised and the total funding amounts stand to US$217.08 Million.
- OYO: OYO is a hotel based network that ensures guests have a hassle-free stay experiences. It has a network in various metro cities and business hubs of the country. The services provided by OYO are pocket-friendly. The company was founded in the year 2012 by Ritesh Agarwal. It has launched Townhouse, a hotel designed to cater to the needs of the city dwellers. The total funding amount for the company is US$242.96 Billion.
- Udaan: Udaan is a B2B commerce trade platform designed for small and medium enterprises. India is the main hub of small and medium business enterprises that need the help of the internet to grow and develop. The company was found in the year 2016 by Amod Malviya, Sujeet Kumar, and Vaibhav Gupta. The total funding of the company equals US$869.9 Million.
- Patanjali Ayurved: Patanjali Ayurved is a subsidiary company under Patanjali Ayurved Limited incorporated in 2006. The company has its headquarter in Delhi. The major products are made from quality Herbonmineral process under which the herbs are grown by DivyaYogMandir Trust in their farmland. The company as per recent records has raised Rs. 32 Billion.
- JSW Steel: The JSW Steel is India’s topmost steel producing company incorporated in the year 1982 by Sajjan Jindal. The pioneer of using innovative technology has kept the company ahead of all its competitors. The company is recognized worldwide due to its non-stop innovation and R&D. One-fifth of the products are exported and nearly 40 percent of the products are high end valued. The various steel plants of the company are located in Karnataka, Tamil Nadu, and Maharashtra. The company sets a mission to produce 40 tonnes of steel in the next financial year. The total amount of the fund raised equals US$400 Million.
- India Grid Trust: The India Grid Trust is sponsored by Sterlite Power Grid Ventures Limited and is registered with SEBI. The infrastructure investment trust was found in the year 2016. The main agenda of forming the company was to own inter-state power transmission in India. The sponsor is the backbone to the budding company as its sponsors hold a great experience in bidding, designing, constructing, financing and maintain power transmission projects. The company has its headquarter in Delhi. As per the current financial records the company has raised funds of US$400 Million.
- NIIT Technologies: NIIT technologies is a multinational IT solution provider having unparalleled domain expertise in working that provide real business to clients. The company’s main aim is to provide technology to banking and financial services, insurance and travel companies. The company runs successfully due to its strong features like Analytics, Cloudification, Cognitive Automation, and Digitalization that aid clients to bring innovations to their business and automate it. The company was incorporated in the year 2004 by Rajendra Pawar and Vijay Thadani. Since then the company has bagged a lot of trophies and awards for its outstanding services. The funding amount of the company totals US$381 million.
- Greenko Group: The Greenko Group is an independent power producer of India. It is one of the fastest-growing firms as it develops clean energy to meet the ever-increasing demand. The company was found by Anil Chalamalasetty and Mahesh Kolli in the year 2004. The company at present has six hydro and biomass plants each. The headquarters of the company is located at Hyderabad. The current funding amount of the company equals US$3.4 billion.
Thus, every company mentioned above is a large scale industry aiming to serve the entire country. Not only these companies provide services within India but also export globally. Finance plays a huge role in the working of any company.