Debt Financing
Hyderabad-based Megha Engineering and Infrastructure Ltd (MEIL) plans to borrow up to INR 20,000 crore to finance its planned acquisition of various public sector undertakings (PSUs. MEIL has technically qualified for…
Debt Financing
Bengaluru-based home healthcare service provider Portal Medical has secured a commitment from the US International Development Finance Corporation (DFC) for a USD 7.7 million local currency guarantee facility to assure…
Debt Financing
B2B ecommerce marketplace Udaan is raising INR 50 crore (about USD 6.7 million) in debt through multiple tranches from venture debt firm Blacksoil. Udaan is allotting a total of 1000 non-convertible debentures (NCDs)…
Debt Financing
Three mid-sized rural-focused domestic non-banking finance companies (NBFCs) - Avanti Finance, Samunnati Financial, and Maanaveeya - are getting USD 55 million (around INR 400 crore) from two US developmental finance…
Debt Financing
The developer of Ardee City, 13 of its associate companies and their directors have been booked for violation of the terms and conditions of the project licence issued by the department of town and country planning…
Debt Financing
Bengaluru-based digital pet care startup Supertails has raised INR 5.75 crore in venture debt funding from Alteria Capital. Supertails plans to support pet parents as they navigate aspects of pet parenthood, including…
Debt Financing
After getting rapped for accepting Vedanta group's bid that would give just 5% of their outstanding loans, lenders to Videocon Industries approached the insolvency appellate tribunal NCLAT seeking fresh bids for the…
Debt Financing
Revenue-based financing platform Klub has raised INR 20 crore (USD 2.7 million) debt in a round led by Trifecta Capital. The proceeds will be used to ramp up its technology, product and assets under management (AUM)…
Debt Financing
The National Company Law Tribunal (NCLT) has admitted BSE-listed GCCL Infrastructure & Projects for insolvency proceedings, unveiling a new debt-resolution template for smaller businesses that need shorter timelines to…
Debt Financing
Indiabulls Housing Finance raised about $165 million selling five-year convertible bonds to overseas investors. The home financier will likely utilise the proceeds for onward lending. The debt papers, which carry a…
