Page 29 - Fundraising

ANSR raises $15 mn from Sistema Asia Fund and Evolvence in Series B round

ANSR had earlier raised Series 'A' from Accel Partners, who will remain invested as the firm's largest shareholder

Tata Motors board to meet next week to consider fund-raise proposal

The board meeting is scheduled to be held on May 18, 2021 to consider and approve the audited financial results for the quarter and financial year ended March 31, 2021

India vs US listing: Zomato may be test case for start-ups waiting in wings

The IPO will be a litmus test on whether domestic investors have the patience and maturity to deal with loss-making tech companies

Investment bankers set to take home hefty bonuses on record fundraising

Industry players estimate the average payouts to be in the range of 50-75 per cent of the bankers' annual salaries. For the top performers, the bonuses could be 100-125 per cent

IPO Street: Zomato proposed offering ranks third on the league table

The largest-ever fresh fundraising through an IPO was by Reliance Power at Rs 10,123 crore in 2008

Zomato's Rs 8,250-crore IPO can deliver boost to consumption sector

Projections suggest online food delivery market should grow to $22 billion by 2025

SBI board to consider raising $2 billion through bonds in 2021-22

The bank said the Executive Committee of its Central Board would consider raising $2 billion through bonds in the financial year 2021-22

Urban Company raises $190 mn at $2-bn valuation, joins unicorn club

Besides Prosus, the other investors include DF International and Wellington Management

Qube Health raises undisclosed sum in Inflection Point-led pre-series A

Other investors in this round are Mohit Burman (Dabur Group), Keiretsu Forum (NCR, Bengaluru & Chennai Chapters) and a group of other marquee Indian and International HNIs

Srei Equipment Finance appoints KPMG, DMKH & Co for forensic audit

The company has been in discussions with lenders for debt realignment. But lenders are unlikely to approve it without a forensic audit

Fundraising via bonds on private placement basis climbs 14% in FY21

Listed firms mopped up Rs 7.72 trillion through issuance of bonds on private placement basis in 2020-21, an increase of 14% from the preceding fiscal

Swiggy is closing $800-mn fundraising round, CEO informs employees

Falcon Edge Capital, Think Investments, Goldman Sachs are among the new investors in the food delivery platform whose valuation is nearing $5 bn

Meesho becomes unicorn after SoftBank-led $300-million fundraise

Social commerce opportunity in India is pegged at $16-20 billion by 2025

Realty firm DLF raises Rs 500 crore through NCD issue to investors

The tenure of the NCDs is three years and the coupon rate is 8.25%. The NCDs will be listed on the BSE

Stelis Biopharma raises $195 mn for vaccination unit, contract business

Vaccine unit will manufacture up to 800 million doses of vaccines annually

Icertis valuation trebles to $2.8 billion after a fundraise of $80-million

Icertis has now raised over $280 million, and the current financing nearly triples the valuation of its Series E round in July 2019

Vodafone Group seeks to raise up to 2.8 billion euros from Towers IPO

Vodafone Group said it would seek to raise up to 2.8 billion euros ($3.32 billion) in proceeds by floating infrastructure unit Vantage Towers in Europe's largest initial public offering of 2021

Vodafone Idea slips 4% amid reports of fund raising plan hitting a snag

Vi's talks with the Oak Hill consortium have not led to a binding agreement as there were unresolved issues around funding terms, a media report said

MTAR Technologies IPO subscribed nearly 10 times on penultimate day

MTAR's Rs 596-crore listing comprises a fresh fundraise of Rs 123 crore, and secondary share sale worth Rs 473 crore

Donald Trump's cash plea could complicate GOP fundraising efforts

While Trump left office as a deeply unpopular figure, he remains a powerful draw for small-dollar, grassroots donors