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Seven Billionaire Founders Rode India's IPO Boom in 2024 [Yahoo! Finance]
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Most Read from Bloomberg Is This Weird Dome the Future of Watching Sports? NYPD Seeking Gunmen After 10 People Wounded Outside Queens Venue Detroit's Michigan Central Is the Building Revival Story of 2024 Burned Out Parents Need Better Public Spaces A Commuting Resolution for 2025: Ride Your Local Subway or Bus Chiranjeev Singh Saluja of Premier Energies is among those who successfully rode the wave. “My father was in the business of supplying hand pumps to rural villages,” the 51-year-old said in an interview. “He saw that access to electricity was sparse in those areas, so he started Premier Solar in 1995,” Saluja said. Three decades on, the company rechristened Premier Energies is the country's second largest integrated solar module and solar cell manufacturer behind the Adani Group. Investors bullish on the government's investments in solar energy have bid up Premier shares nearly threefold since their debut in September, valuing it at roughly $7 billion. Saluja
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- Farming Startup Plenty in Talks for More Than 90% Valuation Cut [Yahoo! Finance][Yahoo! Finance]
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