Conglomerate Mitsui is set to acquire a stake of undisclosed size in India-based renewable energy grid operator OMC Power for approximately ¥1bn ($9m), according to Mint. Founded in 2011 as Omnigrid Micropower Company, OMC supplies electricity to mobile telecoms towers and operates solar power plants in rural areas, where it has set up small-scale distribution grids. The company has not disclosed prior funding rounds.
US-based naturally fermented beverages brewery Revive Kombucha has collected $7.5m in a series B round led…
