Fund Raising

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

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

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

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

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

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

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

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

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

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