Other Deals
Ujjivan Small Finance Bank closed its qualified institutional placement (QIP), having raised INR 475 crore by issuing over 22.6 crore shares. The issue was launched on 12 September. The shares were issued at an issue…
Other Deals
Public listed EdTech company Veranda Learning Solutions Limited is to raise Rs 300 crore via a preferential issue. This raise includes an investment of Rs. 61.40 crores to be subscribed by the promoters in the form of…
Other Deals
Publicly listed agro-chemical firm UPL Ltd has acquired a 26% stake in renewable energy firm Clean Max Kratos Pvt Ltd. UPL will invest, in one or more tranches, about INR 40 crore in the target company. Incorporated in…
Other Deals
The holding company of the Tata Group, Tata Sons Ltd is looking to raise USD 4 billion to infuse fresh capital into Air India. The company plans to raise funds through a mix of equity and hybrid debt to refinance a…
Other Deals
Singapore-based fintech startup International Payments Identity (iPiD) has raised USD 3.3 million in a seed funding round from Rapyd Ventures, Jungle Ventures, 1982 Ventures, Resolution Ventures, Saison Capital, the XA…
Other Deals
The union government has announced financial support of INR 3.29 crore to Kritsnam Technologies, a startup company incubated at IIT Kanpur to develop smart water management technologies. An MoU has been signed between…
Other Deals
IndoStar Capital Finance may sell a part of its stake in a home loan subsidiary to raise resources to address concerns over the company's ability to continue as a going concern. The company, in which private equity…
Other Deals
State Bank of India (SBI) has sold distressed KSK Mahanadi Power's INR 3,815-crore outstanding loans to Aditya Birla Asset Reconstruction Co for INR 1,622 crore. The move is expected to help the bank shore up its…
Other Deals - Listed Firms
Six merchant bankers are vying to handle and manage the sale of the government's 29.53 % residual stake in Hindustan Zinc Ltd (HZL). ICICI Securities, SBI Capital Markets, HDFC Bank, IIFL Securities, Axis Capital and…
Other Deals
The founders of Pune-based consumer-lending fintech startup EarlySalary are increasing their stake from the existing 4% to 12%. The company will allot 18,000 Series D1 non-cumulative, compulsory and fully convertible…
