Debt financing
EV financing digital platform Revfin has raised INR 100 crore in debt, which it plans to use to expand into new geographies for financing three-wheelers and make foray into providing loans for two-wheelers in the…
Debt financing
CDC Group, the UK's development finance institution, is investing INR 360 crore (around USD 50 million) in debt in a social bond program by Jaipur-based Aavas Financiers Ltd, an affordable housing finance company. The…
Debt financing
The Malpani Group has tied up with Varda Capital-backed Aditya Birla Asset Reconstruction Company to jointly acquire the distressed loans of Manmohan Shetty-promoted amusement park operator Imagicaaworld Entertainment…
Debt financing
The National Company Law Appellate Tribunal (NCLAT), the appellate bankruptcy court, has overturned a liquidation order passed by the Mumbai bench of the National Company Law Tribunal (NCLT) against Avantha…
Debt financing
Tata Power-backed joint venture, Resurgent Power Ventures Pte Ltd (Resurgent Power), has become a successful bidder for Lucknow-headquartered South East UP Power Transmission Company Ltd (SEUPTCL) under IBC…
Debt financing
Indiabulls Housing Finance has moved the National Company Law Tribunal (NCLT) against media baron Subhash Chandra claiming he had personally guaranteed payment for loans given to companies that were co-borrowers with…
Debt financing
Sterlite Power has raised INR 440-crore in debt from Tata Cleantech Capital for its Nangalbibra Bongaigaon Transmission Ltd (NBTL) project. The project involves construction of 300 ckt km (circuit kilometres) of…
Debt financing
SoftBank-backed executive education-focussed startup Eruditus has closed a USD 350 million debt financing from Canada Pension Plan Investment Board (CPPIB) to fund its acquisition plans in overseas markets. Eruditus…
Debt financing
Adani Properties is a frontrunner among eight resolution applicants for bankrupt real estate developer Housing Development Infrastructure Ltd (HDIL). The other applicants include Sharda Constructions & Corporation Ltd…
Debt financing
Lenders have entered the final stage of negotiation with Reliance Industries (RIL) after declaring it the highest bidder for Sintex Industries. Lenders asked Reliance Industries and Assets Care & Reconstruction…
