Debt financing
E-commerce unicorn BRND.ME (formerly Mensa Brands), an e-commerce roll-up platform, is to issue 3,000 non-convertible debentures (NCDs) with a face value of INR 10 lakhs each, aiming to raise INR 300 crore from JM…
Debt financing
Gurugram-based hyperlocal e-commerce platform Magicpin has raised INR 15 crore in debt funding from Stride Ventures.The company plans to use the new funds to expand its artificial intelligence (AI)-led offerings for…
Debt financing
Bengaluru-based Zanskar Technology has raised INR 25 crore (USD 2.7 million) from BlackSoil Capital.Founded in 2022, Zanskar offers institutional and retail brokerage services through its platform, Nubra.The company…
Debt financing
Minnesota (US)-based Mesabi Metallics , backed by Mumbai-based Essar Group, has raised USD 150 million from Macquarie Group.Mesabi Metallics is a producer of direct-reduction (DR) grade iron ore pellets. It is…
Debt financing
Bengaluru-based meat delivery startup FreshToHome has raised INR 60 crore from credit solutions provider BlackSoil (INR 44 crore) and Stride Ventures (INR 16.5 crore) as part of a larger INR 135 crore debt raise. Apart…
Debt financing
Avante Spaces, the real estate division of Kirloskar Industries, has raised a term loan of INR 1,150 crore from ICICI Bank. Axis Trustee Services is acting as the security trustee for the transaction.The financing…
Debt financing
BlackSoil Capital has extended INR 40 crore in debt funding to Indifi, a technology-driven digital lending platform.Founded in 2015, Indifi provides customized financing to micro, small, and medium enterprises (MSMEs)…
Debt financing
Mumbai-based NDR InvIT Trust has raised INR 410 crore from the International Finance Corporation (IFC) and India Infrastructure Finance Company Ltd (IIFCL) with each subscribing to INR 205 crore of the issue of 5-year…
Debt financing
Hyderabad-based Skyroot Aerospace has raised INR 100 crore in a debt round from global investment manager BlackRock. Skyroot Aerospace issued 100 non-convertible debentures (NCDs), each with a face value of INR 1…
Debt financing
Solar financing platform Metafin has raised USD 10 million through a structured debt facility from Lendable (via its Transportation and Energy Fund).Founded by Sandeep Chopra and Aditya Shah, Metafin provides solar…
