From Simple Energy To Arivihan — Indian Startups Raised Over $233 Mn This Week
- Indian startups raised over $233 Mn in the final week of September
- Funding momentum continued across homegrown new-age tech ventures
Event typeFunding and debt
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Keventer, Saroj Poddar groups launch ₹400-cr real estate debt fund
- The fund will use secured debt to finance real estate ventures
- It will focus on projects in Delhi-NCR and West Bengal
- The fund adds financing for real estate projects in Delhi-NCR and West Bengal
GP Petroleums to raise ₹130 crore from RevX fund to finance expansion
- GP Petroleums will raise ₹130 crore from RevX fund to finance expansion
- The board-approved funding includes ₹30 crore in 36-month NCDs and ₹100 crore in optionally convertible debentures
- Expansion funding and potential dilution affect GP Petroleums shareholders
SBI leads demand, snaps up 40% of Reliance Industries’ ₹13,000 crore bond issue
- SBI bought nearly ₹5,000 crore, or about 40%, of Reliance Industries’ ₹13,000 crore bond issue
- SBI’s large subscription signals demand for Reliance Industries debt and affects PSU bank exposure