Fund Raising

Showing of 1 - 20 from 81 results
Fund Raising - Total results - 81
Intercity bus service YOLO raises $800,000 in seed funding, plans to go pan-India in a year's time
Business

Intercity bus service YOLO raises $800,000 in seed funding, plans to go pan-India in a year's time

Co-founded by Gupta and Mukul Shah, and Danish Chopra, YOLO runs on an Uber-like template, where it does not own buses, but it takes care of the operational side of the business

Bharti Airtel board approves to raise up to $4 bn through equity dilution, debt funding
Business

Bharti Airtel board approves to raise up to $4 bn through equity dilution, debt funding

Telecom operator Bharti Airtel's board on Wednesday approved raising $4 billion through equity dilution and debt funding

Yes Bank shares climb over 3% after eight investors evince interest to pump $2 bn into private sector lender
Business

Yes Bank shares climb over 3% after eight investors evince interest to pump $2 bn into private sector lender

Shares of Yes Bank on Monday climbed over 3 percent after the company said eight investors have evinced interest to pump $2 billion into the capital-starved private sector lender

Yes Bank shares zoom over 8% on fund raising plans; lender's market-cap rises by Rs 1,238 cr
Business

Yes Bank shares zoom over 8% on fund raising plans; lender's market-cap rises by Rs 1,238 cr

Shares of Yes Bank jumped over 8 percent on Wednesday ahead of its board meeting later this week to consider raising of funds

Binny Bansal leads $12.5 mn funding in Mobikon; CEO says funds will be used for expansion activities
Business

Binny Bansal leads $12.5 mn funding in Mobikon; CEO says funds will be used for expansion activities

Mobikon, which provides software platforms for restaurants, on Friday announced a fund raise of $12.5 million in a round led by Flipkart co-founder Binny Bansal

Facebook-backed site Meesho raises $125 million in funding raised by Naspers
News & Analysis

Facebook-backed site Meesho raises $125 million in funding raised by Naspers

The new funds will allow Mesho to expand further outside India’s major metropolitan regions.

JSW Steel raises $500 mn from overseas investors, proceeds of notes to be used to repay ECB
Business

JSW Steel raises $500 mn from overseas investors, proceeds of notes to be used to repay ECB

JSW Steel in a filing to BSE on Wednesday said that its board committee has approved the issuance bonds to raise $500 million.

Facebook must end far-right activists' fundraising on the platform: British leader
News & Analysis

Facebook must end far-right activists' fundraising on the platform: British leader

British leader Tom Watson criticised Facebook CEO for having a 'contempt for social responsibility.'

Fortis Healthcare board to meet on Friday to consider fund raising through issue of securities
Business

Fortis Healthcare board to meet on Friday to consider fund raising through issue of securities

Cash-strapped Fortis Healthcare, which is in the process of finding a new investor, on Wednesday said its board will meet on 13 July to consider raising funds through issue of securities on a preferential allotment basis

Central Bank of India to raise Rs 8,000 cr to strengthen core capital to comply with Basel III norms
Business

Central Bank of India to raise Rs 8,000 cr to strengthen core capital to comply with Basel III norms

Central Bank said it will use the enhanced capital for the general business purposes of the bank

PNB Housing Finance plans to raise Rs 10,000 cr by issuing bonds through public issue
Business

PNB Housing Finance plans to raise Rs 10,000 cr by issuing bonds through public issue

PNB Housing Finance said the money will be raised in one or more tranches

PolicyBazaar raises more than $200 mn led by SoftBank Vision Fund, enters coveted Unicorn club
Business

PolicyBazaar raises more than $200 mn led by SoftBank Vision Fund, enters coveted Unicorn club

Founded in 2008, PolicyBazaar's investors include the likes of Temasek, Tiger Global Management, True North, InfoEdge (Naukri.com), Premji Invest, besides investments from other PE funds and family offices

Reliance Jio plans to raise Rs 3,250 cr from Japanese banks
Business

Reliance Jio plans to raise Rs 3,250 cr from Japanese banks

Last month the Reliance Jio board had approved raising of around Rs 20,000 crore in debt

HDFC Bank plans to raise Rs 50,000 cr via bonds in current fiscal to fund business expansion
Business

HDFC Bank plans to raise Rs 50,000 cr via bonds in current fiscal to fund business expansion

The decision to this effect will be taken in the board meeting on 21 April, 2018, HDFC Bank said in a regulatory filing

Idea Cellular shares continue to gain; up nearly 14% on fund raising announcement
Business

Idea Cellular shares continue to gain; up nearly 14% on fund raising announcement

Shares of Idea Cellular rallied for a second day, soaring nearly 14 percent on Friday after the company unveiled a plan to raise up to Rs 6,750 crore ahead of its merger with Vodafone

E-commerce major Flipkart's logistics arm Ekart raises Rs 1,632 cr from Klick2Shop
Business

E-commerce major Flipkart's logistics arm Ekart raises Rs 1,632 cr from Klick2Shop

Set up in 2009, Ekart delivers 10 million shipments a month to over 3,800 pin codes.

Ola raises $1.1 bn from investors led by Tencent Holdings, in talks for another $1 bn
Business

Ola raises $1.1 bn from investors led by Tencent Holdings, in talks for another $1 bn

Ola and Uber are locked in an intense battle for leadership in the Indian market and have pumped in millions of dollars in driver incentives and discounted rides for customers

Govt to sell 5% in NTPC at Rs 168 per share tomorrow, to mop-up Rs 7,000 cr
Business

Govt to sell 5% in NTPC at Rs 168 per share tomorrow, to mop-up Rs 7,000 cr

NTPC shares closed 2.5 percent higher on the BSE at Rs 173.55 apiece on Monday

Flipkart gets $2.5 bn from SoftBank Vision Fund for 20% stake, war chest swells to $4 bn
Business

Flipkart gets $2.5 bn from SoftBank Vision Fund for 20% stake, war chest swells to $4 bn

With the latest funding, Flipkart is estimated to have raised well over $5 billion till date

Jubilant FoodWorks to pump in Rs 100 cr in its Domino's Pizza, plans product upgrade
Business

Jubilant FoodWorks to pump in Rs 100 cr in its Domino's Pizza, plans product upgrade

The company will invest major chunck of this sum in product upgrade and rest on marketing campaigns.