Anicut Capital and Veltis Capital participated in the round. The Bengaluru-based industrial AI startup serves over 50 enterprises, including Jindal Steel, Jindal Stainless, JSW Steel, ArcelorMittal Nippon Steel, Adani, Ultratech, Dalmia, Ducab, and L&T, and is expanding in international markets. The fresh funds will primarily be used to expand its footprint across India and the GCC.

Jindal Stainless has appointed actor Ranveer Singh as its first-ever brand ambassador, marking a strategic shift toward consumer-focused branding. The move aims to enhance visibility and deepen engagement with audiences across India. Through this partnership, the company will expand its outreach with multimedia campaigns and reinforce stainless steel’s role in infrastructure and sustainability.

The collaboration aligns the actor’s dynamic persona with the company’s focus on innovation and durability, while highlighting stainless steel’s role in India’s infrastructure and technological progress

Commits investment of ₹900 cr in India to augment downstream capacities

Jindal Stainless, on Friday, said that the supply crunch of industrial gases has adversely impacted operations at its plants in Haryana and Odisha.

In this briefing: Indian Chemical: War, Freight, Fire & Inventory Windfall in Q4 Lucror Analytics - Morning Views Asia Pick of the Week: Federal Bank - 14th March, 2026 Automobile Sector: Energy Supply Tightness & Geopolitical Risks Exencial Industry Tidings - 16-03-2026 1. Indian Chemical: War, Freight, Fire & Inventory Windfall in Q4 A 23-108% MoM price spike across key chemicals in Mar-26, driven by Strait of Hormuz closure, Gulf force majeures, is set to deliver exceptional earnings for some Indian chemical companies. Companies that built inventory in January at cycle-low prices, particularly in Phenol, Acetone, Benzene, Toluene, and VAM, now sit on paper gains of 20-70%, a rare intra-quarter windfall. The companies most worth watching are those who own their raw material chain and have limited direct exposure to Middle East imports. 2. Lucror Analytics - Morning Views Asia UST yields fell 4-6 bps across the curve yesterday, undoing part of last week’s yield increase amid easing oil prices.

In this briefing: Tencent (700.HK) Earnings Preview: Volatility Backdrop, Implied Jump and Post-Release Price Behavior Ohayo Japan Alibaba (9988 HK / BABA US) Earnings on 19 March: Price Dynamics and Expected Moves Samchuly Bicycle - A Fork in the Road (Delisting or Corporate Governance Improvement)? Exencial Industry Tidings - 16-03-2026 1. Tencent (700.HK) Earnings Preview: Volatility Backdrop, Implied Jump and Post-Release Price Behavior Tencent reports shortly with options implying a moderate move. This Insight reviews the volatility backdrop, historical earnings reactions, and recent price behavior ahead of the release. Implied volatility has risen alongside recent stock weakness, but broader historical comparisons suggest the implied jump is not particularly stretched. Q4 is notable for the direction of earnings day moves as well as the magnitude of the average absolute price change. 2. Ohayo Japan President Donald Trump said the conflict with Iran could end soon and suggested Tehran had been communicating with Washington Nvidia (+1%) closed higher after CEO Jensen Huang projected $1tn in AI infrastructure demand through 2027 Nebius (+17%) agreed a $12bn AI capacity deal with Meta, which could spend up to $27bn over five years. 3.

In this briefing: Alibaba (9988 HK / BABA US) Earnings on 19 March: Price Dynamics and Expected Moves Samchuly Bicycle - A Fork in the Road (Delisting or Corporate Governance Improvement)? Exencial Industry Tidings - 16-03-2026 Enhancing US Household Affordability: Bifurcated Economy Raises Risks of Unintended Outcomes Hanwha Group's Purchase of 4.99% Stake in Korea Aerospace Industries (KAI): Step 1 of Privatization? 1. Alibaba (9988 HK / BABA US) Earnings on 19 March: Price Dynamics and Expected Moves Alibaba (9988 HK) / Alibaba (BABA US) will announce quarterly results on Thursday, March 19, 7:30 p.m. HKT (7:30 a.m. U.S. Eastern Time). Options markets anticipate a significant price move, in-line with history. Implied volatility is expected to drop significantly after the event. Gain insight into Alibaba's (9988 HK) earnings-day price history, volatility setup, and volatility dynamics to be ready for the upcoming announcement. 2. Samchuly Bicycle - A Fork in the Road (Delisting or Corporate Governance Improvement)?

In this briefing: Samchuly Bicycle - A Fork in the Road (Delisting or Corporate Governance Improvement)? Exencial Industry Tidings - 16-03-2026 Enhancing US Household Affordability: Bifurcated Economy Raises Risks of Unintended Outcomes Hanwha Group's Purchase of 4.99% Stake in Korea Aerospace Industries (KAI): Step 1 of Privatization? The Complexity of the Oil Trade 1. Samchuly Bicycle - A Fork in the Road (Delisting or Corporate Governance Improvement)? Samchuly Bicycle (024950 KS) (market cap of 55 billion won) is the largest maker of bicycles in Korea. The company faces a fork in the road in the coming days - either delisting or real evidence of corporate governance improvement that could rejuvenate its share price. We like the risk-reward of having a Positive Outcome on Samchuly Bicycle with the company's improving shareholder return policies and Chairman Kim potentially being removed from management position. 2. Exencial Industry Tidings - 16-03-2026 Operations at Jindal Stainless hit with industrial gas supply crunch Foundation stone laid for new road project connecting Assam & Arunachal Pradesh IndiGo introduces fuel charge on tickets as ATF prices surge amid Iran war 3.