Debt financing
Embedded B2B payments startup Rupifi has raised venture debt from Trifecta Capital. The funds will be used to scale up existing credit and payments products offered to small businesses transacting on B2B marketplaces.
Debt financing
To avoid a fiasco similar to Videocon Industries, where the bankruptcy court frowned at the banks for accepting a bid closer to the liquidation value, lenders to its affiliate VOVL Ltd have approached the top…
Debt financing
The Madras High Court issued an order of "winding up SpiceJet and appointment of official liquidator" in a case filed by Credit Suisse claiming non-payment of USD 24.01 million dues to engine maintenance services firm…
Debt financing
The US International Development Finance Corporation (DFC) had approved up to USD 500 million of debt financing for First Solar, the largest American solar manufacturing company. The loan will support the company's…
Debt financing
The National Company Law Tribunal (NCLT) has reserved its order on a plea filed by the Reserve Bank of India (RBI) against Reliance Capital Ltd (RCL) for the initiation of the Corporate Insolvency Resolution Process…
Debt financing
Flip-flops brand Solethreads has raised INR 2.5 crore in venture debt funding from Alteria Capital. The startup will use the funds to strengthen research and development and expand its product portfolio. Earlier this…
Debt financing
Reliance Industries has signed a USD 736 million equivalent green loan agreement with five banks - ANZ, Credit Agricole, DBS Bank, HSBC and MUFG - to fund its acquisition of Norwegian solar panel manufacturer REC Solar…
Debt financing
The Mumbai bench of the National Company Law Tribunal (NCLT) has approved logistics facilitator Gateway Distriparks Ltd's petition pertaining to a scheme of amalgamation with two of its subsidiaries - Gateway East…
Debt financing
SBI has invited bids from asset reconstruction companies and other financial institutions to sell an NPA account - KSK Mahanadi Power Company - with a total outstanding of over INR 4,100 crore. It has set a reserve…
Debt Financing
Insolvency regulator Insolvency and Bankruptcy Board of India (IBBI) has come up with a new approach that will help speed up the appointment of interim resolution professionals (IRP), resolution professionals (RP), or…
