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Candi Solar Raises $58.5M to Accelerate Distributed Solar Growth in India & South Africa

Candi Solar, a leading clean energy company specializing in distributed solar solutions for commercial and industrial (C&I) businesses, has raised $58.5 million in a debt funding round led by the International Finance Corporation (IFC), a member of the World Bank Group. This follows a $24 million Series C round in July 2025, reinforcing the company’s ability to expand its contracted portfolio beyond 400 MWp across India and South Africa and enhance its performance-linked solar and storage energy solutions.

By Super Admin | November 29, 2025
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Veefin Appoints Visionary Leader Sorabh Dhawan as Chief Executive Officer of PSB Xchange

Veefin has appointed Sorabh Dhawan as Chief Executive Officer (CEO) of PSB Xchange. Sorabh brings extensive leadership experience from his tenure at SG Finserve, where he played a pivotal role in building one of India’s most trusted NBFCs in supply chain finance, partnering with leading corporates and delivering significant business milestones.

By Super Admin | November 29, 2025
IndustryX

EON Space Labs Completes NASA-Grade Testing for MIRA, India’s First Miniaturized Space Telescope

Hyderabad-based deeptech startup Eon Space Labs, founded by Sanjay Kumar, Punit Badeka, and Manoj Kumar, has achieved a major milestone by successfully completing NASA-standard thermo-vacuum testing for MIRA, India’s first indigenous miniaturized space telescope. Weighing just 502 grams, MIRA is set for launch in December 2025 aboard an upcoming ISRO satellite mission. Despite being three to four times lighter than conventional space telescopes, MIRA delivers high-resolution imaging across UV, visible, and near-infrared spectrums.

By Super Admin | November 29, 2025
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