HarbourView Equity Partners (HarbourView), an industry-leading alternative asset management company focused on investment opportunities in the sports, media and entertainment space, has secured approximately $500 million in debt financing through a private securitization backed by its diversified catalog of music royalties. Insurance vehicles and accounts managed by KKR, a leading global investment firm, led the…
Vistaar Financial Services Private Limited (Vistaar Finance), one of India’s leading MSME lending institutions, has secured a commitment for a loan up to U.S. $50mn from the U.S. government’s development finance institution, U.S. International Development Finance Corporation (DFC). Vistaar Finance was founded in 2010 when MSME lending was not very common in India. The company…
Husk Power Systems, the rural clean energy services leader in Africa and Asia and operator of the largest fleet of solar energy community microgrids in India, announced the successful close of a INR 310 million ($4.2 million) debt financing from the India Renewable Energy Development Agency (IREDA) Ltd. Besides the IREDA loan, Husk expects to…
Three subsidiaries of Adani Green Energy Ltd – Adani Green Energy (UP) Ltd, Prayatna Developers Pvt Ltd and Parampujya Solar Energy Pvt Ltd, collectively housing 930 MW of operational solar power projects, have raised Rs 612.30 cr by their maiden domestic bond issuance, on private placement basis. The Rated, Listed, Secured, Redeemable, Non-Convertible Debentures (NCDs)…
Ola Electric and Bank of Baroda have signed a long-term debt financing agreement in Indian EV industry. This 10-year debt of US$100 million is towards the funding and financial closure of the Phase 1 of the Ola Futurefactory, Ola’s global manufacturing hub for its electric two-wheelers. Ola had earlier announced last December that it will…
Indifi Technologies, an online lending platform, has raised Rs 35 crores from IndusInd Bank in debt financing. “These funds were deployed through a Rs 35 crore of term loan from IndusInd bank’s impact investing group to Riviera Investors Private Limited which is Indifi’s in-house Non-Banking Financial Company (NBFC) arm,” according to PTI. Indifi said, “The…
Shield AI, a defense-technology company using self-driving software to enable unmanned systems to operate without GPS and communications, has raised $90M in a Series C round through equity and debt financing. The lead investor was Point72 Ventures. Shield AI will use the funding to help scale and further integrate its self-driving software, Hivemind, into additional…
Hiver, the world’s first helpdesk built for Google Workspace, announced it has raised $4 million in debt financing from Singapore-based debt fund Mars Growth Capital. The funds raised will be utilised to fuel expansion, double its revenue by accelerating marketing and sales efforts. Built for Google Workspace (Formerly G Suite) users, Hiver helps teams collaborate…
Sterlite Power, a global power transmission company, said it has raised Rs 200 crore in debt financing from Allianz Global Investors, according to PTI report. Sterlite Power has raised Rs 200 crore in debt financing from Allianz Global Investors (Allianz GI) – one of the world’s leading investment managers with focus on sustainable investments, a…
WayCool Foods, agri supply chain startup, has raised $7.8 Mn in debt from Samunnati, RBL Bank, and InnoVen Capital. This follows the earlier debt financing round of USD 5.5 Mn which was guaranteed by United States International Development Finance Corporation (USIDFC) and financed by IndusInd Bank. WayCool also closed the Series C round of USD…