Fundraising

Shapoorji Pallonji Group raised about ₹15,100 crore in one of India's largest private credit deals to refinance debt, backed by domestic and global investors

The AI hardware company will use the funding to expand its design and engineering teams, develop new device formats and strengthen the Pocket product platform

Akasa Air is seeking to raise about ₹1,050 crore through equity and debt to cushion the impact of the Iran conflict, which has disrupted flights and driven up jet fuel costs

Fundraising through corporate bonds jumped 28 per cent year-on-year in June as lower yields on government securities, easing borrowing costs and improving market sentiment prompted companies to return to the debt market after a subdued two months. According to Prime Database data, Indian companies raised Rs 1.33 lakh crore through corporate bond issuances in June, compared to Rs 1.04 lakh crore in the year-ago period and Rs 93,675 crore in May. "The sharp increase in corporate bond issuances during June was primarily driven by a favourable shift in market conditions after a relatively muted April and May. The most important catalyst was the significant decline in benchmark government securities (G-Sec) yields, which reduced borrowing costs across the corporate bond market," said Venkatakrishnan Srinivasan, managing partner at Rockfort LLP. Mataprasad Pandey, vice president at Choice Wealth, said the surge in issuances was driven by factors such as the US-Iran peace deal, which pulle

Yotta has raised $150 million at a ₹37,000 crore valuation to expand its AI infrastructure, scale GPU capacity and support its pre-IPO growth plans

Private equity and venture capital investments fell to $2.1 billion across 76 deals in May as geopolitical tensions and valuation mismatches dampened deal activity, EY-IVCA said

Yes Bank said the fundraising would not result in more than 10% dilution of existing shareholders' stake

AIF managers are seeing investor allocations revive as geopolitical risks ease, while GIFT City continues to attract strong fund inflows and global investment interest

Proptech firm secures $95 million through debt and equity and is targeting another $50-60 million as it strengthens its balance sheet ahead of a public listing

The country's largest lender plans to raise funds through long-term bonds, Basel III-compliant AT1 bonds and Tier 2 bonds during FY27

State Bank of India (SBI) on Thursday said its board has approved a proposal to raise up to Rs 60,000 crore in the current fiscal through the issue of debt instruments. The funds would be raised either in rupee and /or any other convertible currency by issue of debt instruments like long-term bonds, Basel III-compliant Additional Tier 1 Bonds and Basel III compliant Tier 2 Bonds. The funds would be raised through public offer or private placement mode to Indian and /or overseas investors during FY27, SBI said in a regulatory filing. Shares of SBI were trading at Rs 1,040.25, up 1.39 per cent over previous close on BSE.

The electric two-wheeler maker is expected to begin the fundraising process as early as July and could raise the funds through multiple instruments

The company, which did not disclose a medium for the raise, said the board will deliberate further on options for raising funds

Anthropic, the creator of Claude, is leasing powerful computer chips at five data centers with help from the long-established tech

Cashfree Payments plans to raise over $100 million in FY27 to expand cross-border payments, AI capabilities and global operations ahead of a potential IPO in the coming years

Travel tech platform Easy Trip Planners Ltd on Wednesday said its board has approved raising Rs 500 crore through a rights issue. The board of directors has approved the issuance of equity shares on a rights basis for an amount not exceeding Rs 500 crore, Easy Trip Planners, which operates under the brand EaseMyTrip, said in a regulatory filing. Fully paid-up equity shares of face value of Re 1 each will be issued as security, but the number of securities proposed to be issued and the issue price will be determined after finalisation of the terms of the rights issue by the board, as recommended by the rights issue committee, it added. The board has also approved the appointment of the necessary intermediaries in connection with the rights issue, the company said.

The NBFC raised Rs 2,500 crore through a QIP from institutional investors to support growth opportunities, expand lending operations and diversify its asset portfolio

While the average valuation of the top 20 startups was $1.78 billion, the remaining 80 had an average valuation of just $0.42 billion, nearly one-fourth of the top cohort

Biocon has opened a ₹4,500-crore QIP and fixed a floor price of ₹387.74 per share. The company said it may offer a discount of up to 5% and will finalise pricing with lead managers

Finops startup Bluecopa raised $7.5 million in a Series A round led by Analog Partners to expand its AI-native autonomous finance platform globally