Debt Financing
UK-headquartered Barclays is in the process of providing an INR 200 crore debt facility to Karuna Ventures, the promoter company of Strides Pharma Science against a pledge of the pharma company's shares. The proceeds…
Debt Financing
B2B e-commerce platform Udaan has raised INR 75 crore (USD 10 million) from venture debt firm InnoVen Capital in return for 750 NCDs. In September, Udaan had raised INR 50 crore from another venture debt firm, Blacksoil.
Debt Financing
UK-headquartered Barclays is in the process of providing an INR 200 crore debt facility to Karuna Ventures, the promoter company of Strides Pharma Science against a pledge of the pharma company's shares. The proceeds…
Debt Financing
B2B e-commerce platform Udaan has raised INR 75 crore (USD 10 million) from venture debt firm InnoVen Capital in return for 750 NCDs. In September, Udaan had raised INR 50 crore from another venture debt firm, Blacksoil.
Debt Financing
Direct-to-consumer (D2C) startup WallMantra has raised funding from Velocity.in, a revenue-based financier. The startup has so far raised three rounds from Velocity, cumulatively raising fivefold the amount raised in…
Debt Financing
Delhi-based realty firm Eldeco Group has raised INR 275 crore in debt from Tata Capital Housing Finance Ltd (TCHFL) to fund its ongoing housing projects. Eldeco will utilise the funds on its two residential mid- income…
Debt Financing
Adani Transmission Ltd (ATL) has raised USD 700 million from a consortium of eight global lenders to help fund four under-construction transmission projects in Gujarat and Maharashtra. On a fully drawn basis, the capex…
Debt Financing
SpiceJet Merchandise Pvt Ltd, a subsidiary of no-frills carrier SpiceJet Ltd, is to make pending payments to public sector lender Canara Bank regarding a two-year-old acquisition. It was the resolution applicant for…
Debt Financing
The liquidator of Gujarat-based Sterling Biotech, which owes more than INR 8,100 crore to lenders, has called for fresh bids to sell the company as a going concern at a reserve price in the vicinity of INR 550…
Debt Financing
Reliance Industries Ltd in partnership with Assets Care & Reconstruction Enterprise Ltd (ACRE), Varde Capital-backed Aditya Birla Asset Reconstruction Company, a Welspun Group entity and foreign fund CarVal Investors…
