Debt financing
Chennai-headquartered TVS Mobility , the family office of TS Rajam and his successors, has finalised with multiple lenders a debt fundraising of INR 1,800 crore in a three-tranche loan structure.The funds will be used…
Debt financing
Chennai-based B2B (business-to-business) food and agritech platform Waycool has raised INR 38.2 crore (USD 4.4 million) led by Trifecta Capital. The round also saw participation from Alteria Capital and Stride…
Debt financing
Bengaluru-based self-publishing platform Pratilipi has raised INR 10.11 crore (about USD 1.2 million) in a bridge funding round, in a mix of equity and debt, from Alteria Capital. About INR 5 crore was raised in debt…
Debt financing
Power transmission solution provider Sterlite Grid 32 Ltd (SGL32) has raised INR 2,450 crore through BSE-listed non-convertible debentures (NCDs) to refinance its Mumbai Urja Marg Ltd project. The National Bank for…
Debt financing
Gurugram-headquartered non-banking financial company (NBFC) Aye Finance has secured INR 110 crore debt. It would issue 1,000 non-convertible debentures (NCDs) with a face value of INR 1 lakh each in two tranches to…
Debt financing
Delhi-based electric vehicle (EV) financier Mufin Green has secured a USD 18 million loan from the United States International Development Finance Corporation (DFC) for a 10-year tenure.Mufin Green will use the funding…
Debt financing
Manila-based Asian Development Bank (ADB) has committed USD 70 million (about INR 595 crore) to Mumbai-headquartered Vastu Housing Finance to bolster affordable home loans. The loan is aimed at enhancing the access to…
Debt financing
International Finance Corporation (IFC) has invested USD 75 million (about INR 630 crore) in sustainability linked bonds (SLB) issued by Mumbai-headquartered NDR InvIT , an infrastructure investment trust (InvIT)…
Debt financing
GMR Sports Ventures, part-owner of the Delhi Capitals cricket team, has refinanced INR 1,000 crore of debt through Abu Dhabi Investment Authority (ADIA) and Barclays at a lower double-digit interest rate.The bonds were…
Debt financing
Chennai-based, publicly listed Shriram Finance Ltd (SFL) has raised USD 1.277 Billion External Commercial Borrowing (ECB) loan, structured across currencies including USD, EUR, and AED. The loan was arranged with 12…
