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Radhakishan Shivkishan Damani is an Indian billionaire businessman and investor. [5] He is the founder and chairman of retail chain DMart. Damani is referred to as the "retail king" of India. [6] [7] His estimated net worth is US$15.5 billion as of December 2024, according to Forbes. [8]
Dec 2021: Capillary Technologies India filed draft papers to raise Rs 850 crore (approximately $103.1 million) through public issue. [43] [44] May 2023: Capillary raised $45 million from Avataar Ventures along with its limited partners (Pantheon, 57Stars, and Unigestion), Filter Capital, and Innoven Capital. [32] [33] [45] [46]
The projects now financed by these 0% interest loans include: the $140 million East Bay Expressway project, the installation of breakwaters in Gwadar costing $130 million, a $360 million coal power plant in Gwadar, a $27 million project to dredge berths in Gwadar harbor, and a $100 million 300-bed hospital in Gwadar. [80]