Debt financing
Gurugram-based Battery Smart has raised INR 75 crore from venture debt fund Stride Ventures. Battery Smart provides swapping networks for electric two and three-wheelers. It will use the funds to add more batteries to…
Debt financing
Mumbai-based Digital lender Credit Fair has raised INR 15 crore in debt funding from the State Bank of India in a bid to grow its platform and create new products. Founded in 2018 by Aditya Damani, Credit Fair…
Debt financing
Venture debt firm BlackSoil has invested USD 5 million in three startups: BatterySmart, Upmove Capital (NBFC arm of SmartCoin) and Revfin. Gurugram-based Battery Smart is a battery-swapping startup that provides…
Debt financing
Mumbai-headquartered edtech unicorn Lead (formerly Lead School) has raised INR 35 crore from venture debt firm Alteria Capital. Lead will issue 3,500 Series A non-convertible debentures (NCDs) to Alteria Capital at INR…
Debt financing
Debt-focused asset management firm Vivriti Asset Management has invested INR 60 crore in the new international airport in Goa constructed by the GMR Group. The proceeds are to be used to fund last-mile capital…
Debt financing
BharathKisaan has raised INR 100 crore under a structured deal involving debt flow under collect and pay trade model, an exclusive proprietary product of the BharathKisaan platform. BharathKisaan enables small…
Debt financing
International Finance Corporation (IFC) is to lead a USD 194 million loan facility to Airtel Africa. The facility has a tenor of eight years and will be used to support Airtel Africa's operations and investments across…
Debt financing
EPC major Larsen & Toubro Ltd has closed a three-year USD 107 million sustainability-linked loan (SLL) from Sumitomo Mitsui Banking Corporation (SMBC). The facility incorporates interest rate reductions linked to the…
Debt financing
Publicly listed Adani Green Energy Ltd has raised 27,954 million Japanese Yen (around USD 200 million), through its subsidiary Adani Solar Energy AP Six Pvt Ltd, to refinance its existing debt. The project loan…
Debt financing
Bengaluru-based Quick commerce startup Dunzo has raised INR 50 crore (USD 6.2 million) via debentures from Blacksoil India.
