Before the decline, the investment through the route had been on an increasing trend since July because of a slump in prices of oil and other commodities and relative outperformance of Indian equity markets.
"Next year may not be as volatile as current financial year," said Seshagiri Rao, joint managing director and group chief financial officer (CFO) for JSW Steel, commenting on how domestic steel prices are looking up in India and demand is very robust. Rao also speaks about capital expenditure plans, scouting for coal mines and releasing steel inventory.
The funds would be used to expand the company's presence and outreach by lending to students and towards the development of the Indian education ecosystem, the lending firm has said
Last month the company had raised Rs 300 crore from a clutch of investors in debt and equity, led by a Rs 160-crore equity capital by Dutch lender FMO.
The China Banking and Insurance Regulatory Commission division in Chongqing green-lit the company’s plan to lift its capital to 18.5 billion yuan, according to a notice on Dec. 30.
BetterPlace's existing investors Jungle Ventures and British International Investment also participated in the funding round
The government will also establish a two-lakh square feet 'Mangaluru Innovation Hub' through Karnataka State Electronics Development Corporation (KEONICS), aimed at encouraging industrial development of coastal districts, he said, addressing the Mangaluru Technovanza organised by the Mangaluru Cluster of Karnataka Digital Economy Mission (KDEM).
The fund will help ease the liquidity condition of the cement maker, a company official said.
At the time of onboarding investors, the manager of an AIF would have to ensure that the foreign investor is a resident of a country whose securities market regulator is a signatory to IOSCO's multilateral MoU or a signatory to a bilateral MoU with Sebi.
An official at McLaren confirmed the sale of some heritage vehicles to the company's biggest shareholder in exchange for the cash injection.
It plans to launch the fund in the fourth quarter of the financial year 2022-23 and announce the first close by the end of the same quarter, the company said on November 30
Growth in lending means the bank will need capital, which analysts say is the next stage that is critical for a rerating of the stock.
According to the sources close to the development, the promoters may infuse around Rs 100 crore capital in tranches.
Affiliates of Apollo’s Athene insurance business made at least $330 million of loans secured by assets in Tiger Global venture funds, primarily their stakes in private firms, during the first six months of this year, state regulatory filings show.
Northern Arc will use half the proceeds to serve MSMEs and women entrepreneurs, the debt firm said in a statement.
Devtron plans to use the funding to scale its team, drive adoption of its platform and expand into new markets
The third venture debt fund III, Scheme A which received SEBI’s nod in Q2 2022 will continue to back startups that have already raised VC funding and provide them with a range of speciality debt solutions
"We are afraid. But we are more irritated," groused her mother, Helena Kucher, 44, as she, her daughter and her seven-year-old son waited for the all-clear advisory automatically dispatched to the Ukrainian capital's cellphones.
Volatility in equity markets and the fact that startups are unable to find the desired valuation in the last 6-8 months are making venture debt a more viable option across late and growth stages.
Foreign Secretary Vinay Kwatra said this at a media briefing.
One of Tokayev's first moves upon taking office in 2019 after President Nursultan Nazarbayev stepped down was to call for Kazakhstan's capital, Astana, to be dubbed Nur-Sultan instead.
The main risk in investing in such bonds is that only the issuer has the discretion to redeem them early.
The amount of debt disbursed through venture debt in India doubled in 2021 to $538 million from $271 million in 2019, according to Stride Ventures’ recent India Venture Debt Report 2022.
Early stage funds Varanium Capital, RiSo Capital, SucSEED Innovation Fund, Sigurd Ventures, AngelList, PitchRight Ventures, and angels like Quess Corp’s Vijay Sivaram, former Rivigo Co-founder Gazal Kalra etc also participated in the round.
Kela is bullish on banks but says he would avoid the smaller lenders for now because the larger ones are still so cheap.