As of September 30, 2025, the overall assets under Axis Finance hit Rs 43,012 crore
This is the largest ever e-bus deployment project undertaken by IFC, which is a World Bank Group entity.
The Rs 550 crore SLB has a tenure of eight years, receiving a 'AAA' rating from ICRA. Sources said that the bond has a semi-annual coupon of 7.414 percent
The fund is targeting the development of at least 25,000 homes in the affordable and mid segments, while keeping with green building and sustainability standards
The funding will be allotted to the projects, in Pune and Thane, through two special purpose vehicles, Birla Estates said in a release.
The move will make Tata Capital, the eight major Indian firm opting for the confidential pre-filing route after Tata Play, Oyo, Swiggy, Vishal Mega Mart, Credila Financial Services, Indira IVF and PhysicsWallah.
While the firm is yet to mark the final close of SDS, it has already invested in companies such as Ivy Homes, Swara Fincare, Moneyview and TEN x YOU through the fund. Alteria plans to make as many as 50 investments over the next 2.5 years via SDS.
This is the second time that Brookfield REIT has taken the QIP route to raise funds since its IPO in February 2021. In August 2023, it Rs 2,305 crore by selling shares to institutional investors
IFC owns around 31 percent in the company and first invested in the Apollo subsidiary in 2016
The country's largest private sector lender will extend finance for income generation, fostering financial inclusion and socio-economic growth, as per an official statement.
The Mahindra Group said it has an extensive experience in regulatory and policy matters, with an in-house team of experts, who will lend their expertise to give American companies a head-start on their manufacturing journey in India.