Debt financing
Noida-based health and nutrition brand Suwasthi has raised INR 2 crore from revenue-based financing platform Velocity. This round of raise will be deployed towards working capital for Suwasthi. Started in 2017 by…
Debt financing
Kotak Special Situations Fund (KSSF), managed by Kotak Investment Advisors Limited (KIAL), has committed to invest INR 550 crore in publicly-listed Sanghi Industries Ltd (SIL) via non-convertible debentures (NCDs). The…
Debt financing
Delhi-based Insurtech startup RenewBuy has raised INR 68 crore in debt and equity from InnoVen Capital and Stride Ventures. Stride and InnoVen invested equal amounts. RenewBuy, through its subsidiary D2C Insurance…
Debt financing
Bengaluru-based B2B e-commerce giant Udaan has raised debt funding from Temasek-backed EvolutionX Debt Capital, taking its overall debt financing in the last four quarters to upwards of USD 350 million. The…
Debt financing
JSW Renewable Energy Ltd (JREVL) is raising a term loan of INR 3,900 crore to fund its power business unit, which will also use the money to repay Letter of credit (LC) facilities at maturity. JREVL is developing an…
Debt financing
Bangalore based ReshaMandi, a business-to-business (B2B) marketplace for silk products, has raised INR 50 crore (USD 6.2 million) in a debt round from Stride Ventures. ReshaMandi would issue 5001 NCDs (non-convertible…
Debt financing
Gurugram-based online furniture rental platform Cityfurnish has raised USD 2.5 million in a debt round led by Northern Arc Capital with participation from Western Capital, UC Capital Inclusive and existing backers…
Debt financing
Red Fort Capital Finance has lent INR 10 crore as working capital loan to Gujarat-based D2C company Evocus, a black alkaline water manufacturer. Evocus would use the capital to fuel its global expansion plans.
Debt financing
Bajaj Auto-backed shared electric mobility firm Yulu has raised USD 9 million in debt from US International Development Finance Corporation (DFC). DFC made the investment through its new e-mobility financing team, as a…
Debt financing
Bank of America has extended about INR 800 crore to ReNew Power. The five-year rupee-denominated green loan facility will primarily be used to prepay an existing offshore loan. The onshore loan could be priced at a…
