Ares SSG is scouting for more deals in the real estate space in India where it could acquire only the stressed assets without any regulatory or judicial intervention instead of taking over an entire company. The Hong...
Future Lifestyle may get a lifeline
Lenders to Future Lifestyle Fashions Ltd have prepared a draft debt resolution plan that will give the company that runs the Central and Brand Factory outlets a two-year repayments moratorium, but no concession on...
Indian startup Zaara Biotech gets $10 mn investment from UAE’s TCN International
Biotechnology startup Zaara Biotech has bagged an investment of $10 million from UAE-based TCN International Commerce LLC. Zaara, which focuses on research in energy and food crisis using micro-algae, has received...
Rivendell PE to sell stake in Rolex Rings
Rivendell PE, formerly New Silk Route (NSR), will sell a large chunk of its stake in Rolex Rings Ltd during the company’s initial public offering. The private equity firm had backed the auto component maker 14 years ago...
NeoDove Raises $1.5 million led by India Quotient
Sales and marketing automation platform for small and medium businesses (SMBs), NeoDove, has raised $1.5 million in a seed round led by early-stage investor India Quotient. The round also saw participation from angel...
Delhi HC restrains Future, upholds SIAC ruling
Amazon.com Inc. won relief in a see-saw legal battle with Kishore Biyani’s Future Group after the Delhi high court on Thursday ordered Future Retail Ltd not to take any further steps to sell its assets to Mukesh...
Rental space startup Livvehomes raises $5 mn from angel investors
Kochi-based rental space startup Livvehomes on Thursday said it has raised $5 million (about ₹36 crore) from angel investors in the second funding round. The startup offers online deposit and payment platforms for...
Rental space startup Livvehomes raises $5 mn from angel investors
Kochi-based rental space startup Livvehomes on Thursday said it has raised $5 million (about ₹36 crore) from angel investors in the second funding round. The startup offers online deposit and payment platforms for...
Adani Green raises ₹9,785 cr in one of Asia’s largest project financial deals
Adani Green Energy Ltd (AGEL) said on Thursday it has raised a 1.35 billion dollars (about ₹9,785 crore) debt package for its under-construction renewable asset portfolio through definitive agreements signed with a...
Piramal Capital plans record bond sale to partly pay for acquisition of DHFL
The financial unit of Indian billionaire Ajay Piramal’s conglomerate is poised to sell its biggest-ever bond, and will use the money to partly fund the takeover of failed shadow bank Dewan Housing Finance Corp. Piramal...
BLive raises $1million in Pre-Series A round
BLive, the Goa-based electric vehicle (EV) platform, has raised $1 million as part of follow-on capital of Pre-Series A round. The funding was a combination of debt and equity and was led by LetsVenture, Mumbai Angels...
Amazon, Wipro invest in MyGlamm
Direct-to-consumer (D2C) beauty brand MyGlamm has closed a ₹175 crore Series C funding round with investments from Ascent Capital, Amazon and Wipro Consumer, valuing the company at more than $100 million, it announced...
