Debt Financing
The resolution professional for Sical Logistics Ltd has invited fresh bids for reviving the bankrupt firm which was earlier owned by the Coffee Day Group. 26 entities that had expressed interest earlier will also be…
Debt Financing
The National Company Law Tribunal (NCLT) has given its go-ahead to liquidate Mumbai-based Sterling International Enterprises Ltd. This comes after the committee of creditors recently passed a resolution for liquidating…
Debt Financing
Bangalore-based Udaan has raised INR 50 crore in debt from Blacksoil, Texas-based Corsa Ventures, VBG Group, and Walton Street India. Till now, the B2B e-commerce marketplace unicorn has raised close to INR 150 crore…
Debt Financing
Two years after being admitted by the National Company Law Tribunal (NCLT), the corporate resolution process of power producer KSK Mahanadi Power - that attracted Adani, Resurgent Power Venture and Vedanta - has not…
Debt Financing
Resurgent Power Ventures has been selected as the lenders' nominee to acquire 100% shareholding in a troubled power transmission project spread across Haryana, Rajasthan and Uttarakhand. Resurgent will invest equity…
Debt Financing
Virescent Renewable Energy Trust (VRET), a renewable energy infrastructure investment trust (InvIT) set up by KKR-backed Virescent Infrastructure, has raised INR 2,150 crore through long-term debt financing…
Debt Financing
Apollo Global Management-backed Clix Capital and Clix Finance have jointly sold their dues of INR 107 crore in Coffee Day Hotels & Resorts to Phoenix ARC Pvt Ltd for INR 87 crore. The deal represents a recovery of 81%…
Debt Financing
Digital interactive community platform Life Quest Clubs (LQC) has raised funding from GetVantage, a revenue-based financing fintech platform. LQC will use the funds to enhance its user acquisition channels, improve…
Debt Financing
Mumbai-based OTT player The Viral Fever (TVF) has raised USD 2 million from venture debt firm Blacksoil. The company will use the funds for its working capital requirements on the production of new web series and…
Debt Financing
Mumbai-based cloth diapering pioneers and baby care brand SuperBottoms, has raised INR 3.5 crore in venture debt funding from Alteria Capital. The funding will be used to expand its product portfolio. The five year old…
