Page 30 - Fundraising

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

South Indian Bank to raise Rs 240 cr from life and general insurers

Lender plans to raise another Rs 510 crore to supports its Vision 2024

Web Werks raises $150 mn from Iron Mountain to fuel India expansion

Iron Mountain will be majority stakeholder in the venture, deal will allow Web Werks to speed up expansion across Indian cities and build capacity

Goal-setting co Ally.io raises $50 mn from Greenoaks, Tiger Global, others

At a time when the pandemic has accelerated the adoption of technology among enterprises, Ally.io grew revenues by 3.3x.

India's biggest fundraising event helps NGOs raise crores in funds

The event brings together hundreds of NGOs and their donors competing for rewards and recognition

Alphabet's VC arm backs OnePlus co-Founder Carl Pe's 'Nothing' Company

The funding would help 'Nothing' release its first smart devices in the next few months

Unicorn VerSe Innovation raises another $100 mn from global investors

The DailyHunt and Josh parent is now valued at $1.1 billion

Meat brand TenderCuts raises $15 mn from Paragon Partners, Nabard VC

TenderCuts claims it is the only branded company to offer fresh meat to consumers either at the store or at the doorstep, within two hours of the first cut

Edelweiss Wealth Management to raise Rs 1,000 cr for equity-focused AIF

Edelweiss Wealth Management is targeting to raise Rs 1,000 crore from domestic investors for its maiden equity-focused alternate investment fund (AIF)

Gaming startup MPL set to become next unicorn after $95 mn fundraise

The coronavirus pandemic-induced lockdown in 2020 has provided a fillip to an already-booming esports industry in India and the world.