AdaniConneX raises $213 mn to set up data centres in India
The debt fund will be used to finance two data centre projects in Chennai and Noida with an aggregate capacity of 67 MW, says AdaniConneX.
debt financing
June 2023
December 2022
March 2021
January 2020
July 2019
Axis Bank share hits record high on plan to raise ₹12,000 cr via bonds
The private lender plans to raise funds by issuing unsecured, rated, listed, subordinated, taxable, non-convertible, Basel III compliant Tier II bonds
Northern Arc raises $50 mn debt from U.S.-based DFC
The Chennai-based NBFC will utilise the funds to back liquidity needs of its institutional clients and will also lend to small businesses and its individual customers.
Startups’ Budget wish list
Founders expect policy action on issues concerning GST, debt financing norms, and tax reliefs.
Bigbasket gets ₹100 crore in venture debt from Trifecta
The firm will use the funds to meet its working capital needs; it will also use it to set up new warehouses and scale up the supply chain of its recently launched milk subscription business.
