Debt financing
Corporate card provider and emerging neobank Karbon Card (Karbon) has raised INR 55 crore in a debt financing round from Northern Arc Capital, UC Inclusive Credit Pvt Ltd (UCIC) and Oxyzo Financial Services. Karbon…
Debt financing
NCR-based realty developer Bhumika Group has raised close to Rs 100 crore between debt and two Lease Rental Discounting (LRD) transactions. The company is in talks to raise another Rs 200 crore debt to fund the…
Debt financing
Bangalore-based House of Kieraya (HoK), which operates furniture rental brand Furlenco, has raised revenue-based financing through Klub. The company will use the fresh funds to strengthen its business by scaling…
Debt financing
Publicly listed Adani Enterprises promoted Adani Airport Holdings Ltd (AAHL) has raised USD 250 million through a 3-year ECB facility from a consortium of Standard Chartered Bank (SCB) and Barclays Bank PLC. The…
Debt financing
Surat-based menswear brand French Crown has raised INR 2 crore from revenue-based financier Velocity. Started in 2017, the brand gets over 60% of its revenues from outside the country and will be using the funds to…
Debt financing
Varde Partners-backed Aditya Birla Asset Reconstruction Company, Kotak Mahindra Bank-backed Phoenix ARC and Avenue Capital-backed Arcil are among a dozen applicants interested in acquiring a Rs 3,815 crore KSK Mahanadi…
Debt financing
The Kolkata Bench of the National Company Law Tribunal (NCLT) has admitted a petition to start an insolvency process against McNally Bharat Engineering Company Ltd, the troubled engineering, procurement and…
Debt financing
Gurugram-based airline SpiceJet has got a temporary injunction from the Gurugram District Court against being declared a Non-Performing Asset (NPA) by City Union Bank (CUB). Last month, CUB had recalled the INR…
Debt financing
The Haryana Police has filed a chargesheet against Resolution Professional (RP) Ashwani Mehra, Aviral Jain - MD, Duff & Phelps India and Tarun Bhatia - MD, Kroll Associates citing legal irregularities in the insolvency…
Debt financing
The Chennai bankruptcy court has admitted Karaikal Port for insolvency proceedings after it defaulted on payment of about INR 2,400 crore dues to a lender. Adani Ports and Special Economic Zone (APSEZ) is the…
