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Investment

Lightbox invests $32 mn in Agritech startup WayCool Foods

Chennai-headquartered WayCool Foods has raised $32 mn in a combination of equity and debt in its Series C round, the company said in a statement. The round was led by Lightbox and saw participation of FMO, the Dutch entrepreneurial development bank, as well as its current investor LGT Lightstone Aspada. The company has also partnered […]

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Investment

Magma Fincorp raises 350Cr from the Dutch Development Bank

Mumbai-based asset finance company, Magma Fincorp Limited today announced that the company has raised INR 350 Crore by way of Non- Convertible Debentures (NCDs) from Nederlandse Financierings Maatschappij Voor Ontwikkelingslanden N.V. (FMO), a Dutch Entrepreneurial Development Bank, to support the company’s on-going growth plans. The NCDs issued on a private placement basis are unlisted, redeemable, […]