Debt Financing
Stride Ventures has led a INR 7 crore debt funding in Hyderabad-based sustainable footwear brand Neeman's. The funding will be done through Stride Ventures India Fund - II and will be used by the shoe brand for…
Debt Financing
The National Company Law Appellate Tribunal (NCLAT) has dismissed a petition filed by Kotak Mahindra Bank with a director of debt-ridden McNally Sayaji Engineering Ltd (MSEL) to set aside insolvency proceedings against…
Debt Financing
Ares SSG Capital-backed Assets Care & Reconstruction Enterprise (ACRE) has acquired debt facilities from HDFC and Axis Bank at 27-28 paise on a rupee. It has purchased an INR 524-crore term loan from housing finance…
Debt Financing
Cloud kitchens startup Big Spoon has raised USD 2 million in a lease financing deal from Grip Invest. The startup will use the fund to drive deeper consumer adoption in small towns. Grip is the first to offer asset…
Debt Financing
The insolvency appellate body National Company Law Appellate Tribunal (NCLAT) quashed the constitution of the Committee of Creditors (CoC) of Value Infratech India and removed the Resolution Professional (RP) with a…
Debt Financing
The National Company Law Appellate Tribunal (NCLAT) has initiated insolvency proceedings against NCR-based real estate firm MGF Developments Ltd, on a petition filed by a group of homebuyers. An Interim Resolution…
Debt Financing
Representatives of foreign creditors could be in charge of distributing the local assets of defaulting Indian companies in cases where an Indian tribunal recognizes overseas bankruptcy proceedings under New Delhi's…
Debt Financing
Mumbai-based consumer lending fintech start-up Credit Fair has secured debt from Northern Arc to address the underserved markets in tier 2 and 3 cities. It aims to offer specific financing for education, medical…
Debt Financing
As the matter pertaining to the resolution plan to take over debt ridden Jaypee Infratech Ltd is pending before the National Company Law Tribunal (NCLT) for its approval for more than three months, the Supreme Court…
Debt Financing
True Credits, a non-banking financial company (NBFC) operated by True Balance, has raised USD 30 million in debt from investors across India and Korea, marking up the total funds raised in FY2021 to USD 55 million…
