Essar Steel was among the initial 12 companies identified by the Reserve Bank of India for insolvency proceedings. Photo: BloombergMumbai: Mint brings to you your daily dose of top deals reported by newsrooms across the country. Ltd, the maker of organic cold-pressed juices and other beverages sold under the brand RAW Pressery, has raised around $6 million (Rs40 crore) to fund expansion, reports Mint. The capital was raised entirely from its existing venture capital investors Sequoia Capital, Saama Capital and DSG Consumer Partners. Read moreArcelorMittal, Nippon, Tata show interest in Essar SteelArcelorMittal, Nippon Steel, Tata Steel and the Ruias are among the seven or eight entities that have shown interest in Essar Steel, where an insolvency resolution professional had called for expression of interest (EoI), reports Times of India.
Source: Mint October 24, 2017 06:45 UTC