Orange Etokri India (operating as Tokri) has secured $2.5m in funding from Syska LED Lights. Based in India, the latter is a LED lights manufacturer, whereas Tokri is an online grocery retailer.

Tokri plans to use the funds for technology upgrades, enhancing customer experience and building warehouses in Pune and other cities.

The Indian Hotels Company has raised Rs7bn ($104.74m) through private placement of non-convertible debentures.

Based in India, Indian Hotels Company owns and operates hotels under the Taj and Taj Exotica brands.