Newly turned unicorn Infra.Market has raised INR 100 crore in venture debt funding from Alteria Capital. Founded by Souvik Sengupta and Aaditya Sharda in 2016, Infra.Market is a procurement marketplace which ties up…
Pune-based Arcatron Mobility, which manufactures mobility devices for assisted living, has raised growth financing through revenue based financing platform Klub. Arcatron will use the funds to ramp up…
The National Company Law Tribunal (NCLT), Bangalore has allowed a petition to extend the tenure of Indiana Hospital and Heart Institute Ltd's 5% redeemable cumulative preference shares by two years given the company's…
The committee of creditors (CoC) has turned down the recommendation of the resolution professional (RP) to revive five Nithin Group firms through a resolution plan, and instead opted for liquidating them at…
Financial creditors of Pune-based DS Kulkarni Developers Ltd will meet on Saturday to discuss bids for acquiring the debt-laden realty firm. Mantra Properties & Developers and Solitaire group are among the three…
Tata SIA Airlines Ltd, the owner of Vistara, has raised USD 110 million through External Commercial Borrowing (ECB). Earlier this year, its promoters Tata Sons Ltd and Singapore Airlines Ltd had infused an additional…
Used car selling platform Cars24 has raised INR 100 crore in debt from Trifecta Capital. The fresh infusion has come after seven months of the company's USD 200 million equity round that made it the first unicorn in…
Pratibha Syntex Ltd is to raise a USD 4.5 million long-term loan from Good Fashion Fund, a fund focused on sustainable manufacturing practices. The loan, which is Good Fashion's first deal in India, will support…
The Mumbai Bench of the National Company Law Tribunal (NCLT) has ordered the liquidation of Nakshatra World, a subsidiary of Gitanjali Gems, one of the group companies promoted by fugitive businessman Mehul Choksi. The…