Debt financing
The composite scheme of Adani Ports and Special Economic Zone (APSEZ), a part of the Adani Group, to acquire Sarguja Rail Corridor Pvt Ltd (SRCPL) has been approved by the National Company Law Tribunal (NCLT) and will…
Debt financing
Global private equity firm KKR has dragged Bengaluru-based Mantri Developers to the National Company Law Tribunal (NCLT) over an INR 145 crore credit facility that it had granted the company five years ago. The PE…
Debt financing
The National Company Law Appellate Tribunal (NCLAT) has directed the lenders of DHFL to reconsider their decision regarding the valuation of the financial firm's avoidable transactions while approving the insolvency…
Debt financing
Venture debt firm Stride Ventures has invested INR 40 crore in e-mobility startup Blu Smart and battery manufacturing startup Lohum. It is also looking to invest INR 100 crore into electric vehicle (EV) start-ups over…
Debt financing
Lending startup Kissht has raised INR 100 crore from Trifecta Capital and Northern Arc, which subscribed to INR 50 crore of non-convertible debentures (NCDs) each. The company has so far raised over INR 270 crore in…
Debt financing
Avanse Financial Services, an education loan provider in the non-bank space, has raised INR 357 crore by way of a securitisation deal. A global financial institution invested in the transaction. The long-term funding…
Debt financing
CreditAccess Grameen has invested INR 150 crore in its subsidiary Madura Micro Finance to augment the capital adequacy ratio of the latter. The NBFC-MFI has invested the fund in the form of subordinate debt, The fund…
Debt financing
The National Company Law Appellate Tribunal (NCLAT) has lifted the stay on the constitution of the Committee of Creditors (CoC), which it had granted earlier, in the insolvency resolution process of Hindusthan National…
Debt financing
The National Company Law Tribunal (NCLT) has ordered the liquidation of BSE-listed Nitin Fire Protection Industries, a player in fire protection systems which owes more than INR 618 crore to lenders. The Mumbai-based…
Debt financing
Chennai-based baby care startup Baby Amore has raised funding from GetVantage, a revenue-based financing fintech platform and marketplace. Founded in 2019 by Hameed Imthad and Abdul Wahab, Baby Amore provides…
