Fundraising

Bharti Telecom readies second $1 billion debt issue in two months

The company is set to issue ₹9,000 crore ($1.01 billion) worth of bonds maturing in two years and in three years and is likely to pay a coupon of 7.25 per cent and 7.35 per cent, respectively

Elon Musk's xAI in advanced talks to raise $15 bn at $230 bn valuation

The details of the fundraising were shared by Musk's wealth manager Jared Birchall, but it isn't clear whether the valuation number is before or after the new funding comes in

Swiggy board clears ₹10,000-cr fundraising plan amid growing competition

The move comes a week after Swiggy said it was exploring new fundraising options in response to rising competition and a rapidly changing external market environment

Pluro secures ₹125 crore Series A funding led by Bessemer Venture Partners

The company raised the funds at a valuation of Rs 1,000 crore, which will help it expand its network of fertility specialists, invest in technology, and deepen clinical capabilities

Signature Global raises ₹875 cr via IFC NCDs to fund housing, repay debt

The Delhi NCR-based developer will use the funds to develop mid-income and ESG-aligned housing projects, repay Rs 470 crore of debt, and strengthen its balance sheet

Capri Global Capital to raise ₹6,500 crore via bonds, loans in FY26

The non-banking financial company aims to raise 47 billion rupees in the second half of the fiscal, after raising 18 billion rupees from April to September

Swiggy's Rapido stake sale to help up cash kitty, but concerns remain

The stake sale boosts Swiggy's cash reserves as it shifts Instamart into a new subsidiary to prepare for an inventory-led model amid rising competition

Nabard raises ₹4,039 crore at 6.85% coupon, short of ₹7,000 crore target

Yields remain sticky with marquee state-owned issuers preferring shorter maturities

Sebi expands eligibility for NGOs to raise funds via social stock exchange

Markets regulator Sebi on Friday permitted more charitable entities to raise funds through the Social Stock Exchange (SSE), in a bid to broaden access to the platform. In its latest circular, the regulator has widened the definition of Not-for-Profit Organizations (NPOs) eligible to list on the SSE. Under this expanded framework, legal structures such as trusts registered under the Indian Registration Act, 1908, charitable societies registered under the relevant state's Societies Registration Act, and companies registered under section 25 of the erstwhile Companies Act, 1956, will now fall within the definition of NPOs. To ensure accountability, Sebi has also outlined the reporting requirements for such entities. In cases where an NPO is registered without listing any security, the Annual Impact Report (AIR) need to be self-reported. This report should highlight the NPO's significant activities, interventions, programmes, or projects during the year, along with an explanation of th

Blue Energy Motors raises $30 million from Nikhil Kamath, Omnitex

Blue Energy Motors raised $30 mn from Nikhil Kamath and Omnitex to expand LNG and EV truck output, boosting capacity to 10,000 units with Essar and FPT as backers

Jain Irrigation Systems to raise up to ₹500 crore via QIP to fund expansion

Jain Irrigation Systems on Tuesday said it plans to raise up to Rs 500 crore by selling shares to institutional investors. In a regulatory filing on Tuesday, the company informed that the Board approved the company's plan to raise funds through Qualified Institutional Placement (QIP). "The Board approved the raising of funds by way of issuance of equity shares combination thereof, in one or more tranches ... for an amount not exceeding Rs 500 crore by way of Qualified Institutions Placement (QIP) ..," Jain Irrigation Systems said. The decision is subject to the receipt of such regulatory/statutory approvals as may be required, including the approval of the shareholders of the company. In July, Jain Irrigation Systems reported an 8.5 per cent fall in consolidated net profit to Rs 11.19 crore for the latest quarter ended June 2025. Its net profit stood at Rs 12.23 crore in the year-ago period. The total income rose to Rs 1,547.68 crore in the April-June period of 2025-26, from Rs ..

Tessolve raises $150 mn from TPG to strengthen global delivery centres

The latest funding marks the largest fundraise for a semiconductor engineering services company in India, the company said

Acme Solar to raise ₹3,000 cr via equity, securities in tranches

Acme Solar Holdings board on Wednesday approved a proposal to raise Rs 3,000 crore in multiple tranches. At its meeting, the company's board also approved the re-appointment of Shashi Shekhar as Vice-Chairman and Whole-Time Director on the recommendation of its Nomination and Remuneration Committee, for a period of one year from the completion of his present term, i.e. with effect from April 9, 2026. The board cleared the proposal of "raising of funds for an aggregate amount not exceeding Rs 3,000 crore in one or more tranches, through issuance of equity shares or any other equity-linked instruments or securities, through permissible modes, including but not limited to, qualified institutional placement (QIP), further public offer (FPO), private placement and/or combination thereof, as may be considered appropriate under applicable laws, subject to such regulatory/statutory approvals". Both proposals are subject to approval of the members of the company at the ensuing annual general

Akasa Air completes fundraising, Premji Invest joins Jhunjhunwalas

Akasa Air completes $125 million fundraising, welcoming Premji Invest, 360 ONE Asset, and Claypond Capital, alongside the Jhunjhunwala family, to support its expansion and long-term growth

Gem Aromatics sets price band at ₹309-325 per share for ₹451 cr IPO

Gem Aromatics, a manufacturer of speciality ingredients, on Wednesday set a price band of Rs 309 to Rs 325 per share for its upcoming initial public offering (IPO). The Rs 451-crore IPO would open for subscription on August 19 and conclude on August 21, the company announced. The IPO is a mix of fresh issue of equity shares worth up to Rs 175 crore and an offer for sale (OFS) of up to 85 lakh shares valued at Rs 276.25 crore. Proceeds from the fresh issue will be used by Gem Aromatics for debt repayment and general corporate purposes. Gem Aromatics is a manufacturer of speciality ingredients in India, including essential oils, aroma chemicals, and value-added derivatives, with over two decades of experience. Its client portfolio includes names like Colgate-Palmolive, Dabur, Patanjali, SH Kelkar, Rossari Biotech, and Symrise, among others. The company operates three advanced manufacturing facilities located in Uttar Pradesh, Dadra and Nagar Haveli, and Gujarat. Gem Aromatics' reve

Rediff plans to raise $100 mn to expand email, payments services

Internet company Rediff is exploring options, including an initial public offering, to raise up to USD 100 million (around Rs 875 crore) to accelerate its push into enterprise-grade email, business productivity suite and digital payments, according to sources. The company, which is majority owned by financial technology company Infibeam Avenues Ltd, is considering options such as launching an IPO, private placement, or through private equity participation to raise capital, sources privy to the development said. The board of Rediff.com is currently evaluating fundraising options and is expected to finalize the structure in the coming weeks, they said. However, the IPO option has a high chance of being chosen by management for its USD 100 million fundraising, sources said. When contacted, Rediff Senior Vice-President for Corporate Development, Ashish Mehrota, said, Yes, our company explores various fundraising options from time to time. At this stage, we do not have anything specific

Jio Financial to raise ₹15,825 cr from promoters via warrant issue

The board of Jio Financial Services approves one of the largest capital infusions in Indian financial services, as promoters back expansion into insurance and lending

Sri Lotus Developers raises ₹237 crore from anchor investors for IPO

Sri Lotus Developers raises ₹237 crore from anchor investors ahead of its IPO, which opens for subscription on July 30, 2025. The price band is set at ₹140-₹150 per share

Ambani family's stake likely to top 51% in Jio Financial Services

Board to meet Wednesday to consider fundraising options including rights issue, QIP and preferential allotment as promoters eye majority control in Jio Financial

IPO fundraising in 2021-25 crosses that of 2001-20, marking a milestone

Avg Return of IPOs from 2021-25 at 63%