Debt financing
Mumbai-based, publicly listed Shriram Finance (SFL) has raised a External Commercial Borrowings (ECB) from various multilateral and bilateral development financial institutions, including the Asian Development Bank…
Debt financing
Gurugram-based farm-to-fork company Otipy has raised USD 2 million in venture debt from Nuvama Asset Management Ltd. This raise comes ahead of its USD 10 million equity round.Founded in 2020 by Varun Khurana, Otipy…
Debt financing
Bengaluru-based renewable energy firm Ayana Renewable has raised INR 150 crore (approx. USD 17.4 million) in debt from IL&FS Mutual Fund issuing 1,500 non-convertible debentures (NCDs) at an issue price of INR…
Debt financing
Gurugram-based microfinance institution Satin Creditcare Network Ltd (SCNL) has raised its first syndicated social term loan of USD 100 million via External Commercial Borrowing (ECB) under the automatic route of the…
Debt financing
Fintech unicorn Incred Finance has raised INR 258 crore (around USD 30 million) from a clutch of investors, led by wealth and asset management firm Neo Group, in multiple tranches by issuing a cumulative 25,800…
Debt financing
Chennai-based solar power firm Swelect Energy has raised INR 290 crore through non-convertible debentures (NCDs) in a private placement with India Infradebt Ltd.The new fund will be used for its expansion plans and a…
Debt financing
Mining conglomerate Vedanta has repaid a USD 900 million high-cost loan through a mix of QIP (qualified institutional placement) proceeds and a new USD 350 million facility at a lower interest rate, resulting in USD…
Debt financing
Gurugram-based social commerce platform CityMall has raised INR 55 crore (USD 6.3 million) in debt from Trifecta Venture Debt Fund (INR 40 crore) and Alteria Capital Fund (INR 15 crore).Founded in 2019, City Mall is…
Debt financing
Gurugram-based infrastructure investment trust Capital Infra Trust is raising INR 2,363 crore through debt securities.The trust allotted 1,16,300 senior secured redeemable, non-convertible debt securities (NCDs), each…
Debt financing
Bhavish Aggarwal (founder, Ola Electric) has pledged an additional 5.88 crore shares of his stake in Ola Electric to raise additional debt for Krutrim , an artificial intelligence startup. This follows a recent pledge…
