Evangelos Ventures Pvt Ltd, promoted by the Shapoorji Pallonji Group (SP Group), has raised INR 1,375 crore in debt from Ares SSG Capital and Farallon Capital-affiliate companies to retire high-cost borrowings of…
Hyderabad-based renewable energy firm Greenko has raised USD 750 million through an offshore bond offering. The three-year US dollar-denominated bonds were priced at 5.50%. Deutsche Bank advised the company. Greenko…
The Supreme Court has stayed the NCLAT order that allowed lenders to initiate insolvency proceedings against personal guarantors of a corporate debtor even when no insolvency proceeding is pending against the corporate…
Gurugram-based financial services startup Aye Finance has announced an INR 75 crore debt raise from Netherlands-based existing investor Triple Jump BV and Northern Arc. Since its inception in 2014, Google's…
Debt financing non-banking finance company BlackSoil has invested more than USD 4.5 million in three startups – Blu-Smart Mobility, BigHaat, and LoanTap. Delhi-headquartered Blu-Smart Mobility is a ride-sharing…
A two-year wait and still no approval from the bankruptcy court for the resolution plan of Reliance Communications has prompted the resolution professional to find buyers for non-core assets of the defunct telecom…
Co-living spaces operator Stanza Living has raised INR 425 crore in debt led by Kotak Mahindra Bank and RBL Bank for capital expenditure and business expansion across major cities. Its existing debt provider Alteria…
Chennai-based Aquaconnect, the tech-driven aquaculture focused startup, has raised INR 60 crore in venture debt funding led by Trifecta Capital. Aquaconnect will use the funds to expand its franchise stores under…
Bangalore-based Rupifi, a fintech player operating in the B2B payments space through its buy-now-pay- later (BNPL) and SME-focused commercial cards, has raised USD 8 million in venture debt led by Alteria Capital…
Piramal Capital and Housing Finance Ltd has initiated bankruptcy proceedings against the beleaguered Anil Ambani group company Reliance Power and its subsidiary Reliance Natural Resources (RNRL) which had merged with…