Swaraj Singh Dhanjal
Stories by Swaraj Singh Dhanjal
India: IRB Infrastructure Developers to raise $712m from Ferrovial, GIC
Of the total amount raised, the company will use ₹3,250 crore to reduce debt.
Indian edtech unicorn Byju’s looks to raise $500m debt
The company will primarily use the funds for acquisitions.
PE exits via IPOs in India jump to a record $2.6 b so far this year
The September quarter alone saw 13 PE-backed IPOs garnering $1.3 billion in sale proceeds.
India: Carlyle set to raise $1b debt to finance acquisition of IT firm Hexaware
The proposed debt offering has been assigned a B1 rating by Moody’s.
India: Venture debt player Trifecta invests $53m from debut equity fund
The fund has invested in ixigo, MyGlamm, PharmEasy, and Meesho.
Indian fintech platform CredAble raises $30m in Series B round
To date, the startup has raised nearly $40 million.
India: Federal Bank eyes initial share sale in NBFC unit Fedfina
In 2018, homegrown private equity fund True North bought a 26% stake in Fedfina for around ₹400 crore.
US-based fintech firm Tala to focus on growing India business after $145m Series E
The Series E funding round was led by Upstart.
Indian NBFC Veritas Finance raises $66.3m from Norwest, Kedaara, others
Kedaara, and Caspian co-led the Series F round with Norwest.
India: Blackstone’s plan to raise $770m from Aadhar Housing IPO stuck over Sebi nod
Blackstone-backed BCP Topco holds a 98.72% stake in Aadhar Housing.
