Other Deals
Welspun Group company Welspun Corp Ltd has acquired INR 1,128 crore of debt of Sintex BAPL (SBAPL) - known for its plastic water tanks - for INR 386.9 crore. The debt, in the form of senior secured unlisted…
Other Deals
Assam Industrial Development Corporation (AIDC) has taken over the assets of Hindustan Paper Corporation Limited (HPCL) Nagaon at Jagiroad and Cachar Paper Mill, Panchgram on behalf of the Assam government. AIDC was…
Other Deals
Punjab National Bank (PNB) is to acquire a 9.5% stake in Open Network for Digital Commerce (ONDC). It has invested INR 10 crore for acquiring a 5.97% in its first tranche. ONDC is an initiative of the Ministry of…
Other Deals
Private lender IndusInd Bank is to sell its INR 247 crore principal loans of Future Retail and Asian Hotels (North) Ltd to Edelweiss Asset Reconstruction Company for INR 195 crore. IndusInd Bank invited offers for the…
Other Deals
Reliance Brands has acquired the India franchisee rights and the existing network of stores of Sunglass Hut from DLF Brands. There are about 85 Sunglass Hut outlets in the country. Sunglass Hut, owned by Italy's…
Other Deals
Mumbai-based cloud kitchen unicorn Rebel Foods will be conducting ESOP Buyback worth USD 8.2 million (INR 62.5 crore). Rebel Foods' former and current employees will be participating in this ESOP buyback. The startup…
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DeFi protocol Struct Finance has raised USD 3.9 million in seed round to develop the tools that will allow the ecosystem to customise, compose, and invest in decentralised structured products. Struct Finance will use…
Other Deals
Crypto unicorn CoinSwitch Kuber has completed its first-ever buyback of employee stock ownership plan (Esop). The round, worth about INR 19 crore (USD 2.5 million), was funded through a mix of internal and external…
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HooLiv, a New Delhi based co-living startup, has raised non-dilutive growth capital by trading subscriptions on Recur Club, a subscription-based financing platform. It had previously raised a seed round in 2020…
Other Deals
Gurugram-based SaaS-based fleet management platform Fleetx.io has facilitated Employee Stock Options (ESOPs) for a significant number of its employees. The liquidity transaction for the same has totalled approximately…
