Debt financing
Bengaluru-based Omnichannel jewellery startup BlueStone is raising USD 9 million (about INR 75 crore) in debt from Trifecta Capital. Bluestone will allot ‘Series X1 Debentures’ to Trifecta Venture Debt Fund-III for the…
Debt financing
Fairfax India, which holds 15% stake in IIFL Finance, will be providing USD 200 million in liquidity support to the company. The development comes days after the Reserve Bank of India barred IIFL from disbursing gold…
Debt financing
Mumbai-based, education-focused non-banking financial company (NBFC) Auxilo has raised INR 50 crore (about USD 6 million) in non-convertible debt from AK Capital Finance. Auxilo will allot 5,000 non-convertible…
Debt financing
Namma Swadeshi , a Bengaluru-headquartered renewable energy startup, has raised debt funding from IncredCapital. The new funds will be used for sales team hiring, store launches, and brand building. Previously, the…
Debt financing
eFeed, a Pune-based precision animal management and nutrition company, has raised INR 1 crore from revenue-based financing company, Klub.The company claims to have recorded a 10X financial growth in 2023 by selling…
Debt financing
Mumbai-based MSMEs-focused fintech lender FlexiLoans has raised INR 60 crore via non-convertible debt from Vivriti Asset Management.FlexiLoans will issue 6,000 non-convertible debentures (NCDs) at INR 1,00,000 per…
Debt financing
Small Industries Development Bank of India (SIDBI) has made a debt investment in Bengaluru-headquartered digital banking platform Freo . This marks SIDBI’s first debt investment in a fintech company.The funds will…
Debt financing
Bengaluru-based quick service restaurant chain IDC Kitchen has attracted INR 1.5 crore in debt from financing platform, Velocity. The company plans to use the funds towards marketing initiatives and other…
Debt financing
Gurugram-based mobility fintech startup Moove has secured USD 10 million in debt from Stride Ventures. The startup will use the funds to expand to Delhi, Pune, and Kolkata. It will also increase its fleet size to 5,000…
Debt financing
Mumbai-headquartered digital transformation service provider Yotta Data Services and its subsidiary NMDC Data Centre have raised over INR 1,357 crore through a long-term secured loan from State Bank of India.The…
