Debt financing
Publicly-listed Adani Green Energy has raised USD 400 million from a consortium of international lenders for its under-construction 750 MW solar power projects in Rajasthan and Gujarat. The lenders include Cooperative…
Debt financing
Hyderabad-based renewable energy company Greenko has received sanctions worth INR 6,200 crore from the government-owned National Bank for Financing Infrastructure and Development (NaBFID). The fresh funds will be used…
Debt financing
Bangalore-based healthcare-focused fintech company Care.Fi has raised USD 2 million (INR 16 crore) debt from Trifecta Capital and an additional USD 600,000 (INR 5 crore) from impact-focused non-banking financial…
Debt financing
Pune-based two-wheeler financing and e-commerce platform Bike Bazaar has raised INR 25 crore (about USD 3 million) in debt from MAS Financial. Bike Bazaar will issue 2,500 NCDs (non-convertible debentures) at INR…
Debt financing
Bengaluru-based Ripplr is raising INR 40 crore (USD 4.7 million) from Northern Arc Capital through 400 non-convertible debentures (NCDs).Last month, the startup raised INR 6 crore debt from another venture debt firm…
Debt financing
Jaipur-headquartered Celebal Technologies has raised debt funding from alternative credit platform BlackSoil. The fresh funds will be utilised for working capital and general corporate purposes.Cofounded in 2016 by…
Debt financing
Mumbai-headquartered higher education and upskilling-focused edtech unicorn upGrad has raised INR 287.5 crore (around USD 35 million) from EvolutionX Debt Capital. The company is to issue 28,75,000 debentures at an…
Debt financing
Cleantech Solar , a renewable energy solutions provider to corporations in India and Southeast Asia, has achieved financial close of a long-term senior secured loan amounting to INR 855 crores from Aseem Infrastructure…
Debt financing
Bengaluru-based omnichannel jewellery firm BlueStone has raised INR 100 crore (around USD 12 million) in debt from Neo Markets. The company would issue 10,000 debentures at INR 1,00,000 each to raise INR 100…
Debt financing
Brookfield's Bikaner 550 MW solar power project has attracted USD 105 million from IFC (International Finance Corporation) through long-term non-convertible debentures.The project has a hybrid offtake structure where…
