Advertisements The Small Industries Development Bank of India (SIDBI) has unveiled its plan to raise Rs 5,000 crore through a rights issue in the upcoming financial year, as per a media wire. SIDBI, with a loan book nearing the impressive… Read More ›
Advertisements SIDBI (Small Industries Development Bank of India), received approval from the Green Climate Fund (GCF) for its first anchored project, Avaana Sustainability Fund (ASF), valued at USD 120 million, including a USD 24.5 million GCF investment. This closure was… Read More ›
Advertisements Newspace Research & Technologies (NRT), a player in India’s defense sector, has successfully secured USD 52 million in a bridge round, signaling a substantial equity raise for the company, according to media reports. This financing comprises USD 33 million… Read More ›
Advertisements Small Industries Development Bank of India (SIDBI), on Thursday, said that it has made a debt investment of an undisclosed amount in the digital banking platform Freo. This marks SIDBI’s first debt investment in a fintech company, underscoring their… Read More ›
Advertisements Small and medium-sized enterprises (SMEs) refinancer, Small Industries Development Bank of India (SIDBI), plans to float a Rs 10,000 crore rights issue next fiscal to expand its equity capital as it expects to grow assets to Rs 5 lakh… Read More ›
Advertisements Anicut Capital has bagged Rs 50 crore from the Small Industries Development Bank of India (SIDBI) for its Anicut Equity Fund. The firm launched Grand Anicut Fund 3 in June 202 aiming to bag Rs 500 crore with an… Read More ›
Advertisements SIDBI Venture Capital has infused Rs 30 crore (about $3.6 million) in Series A funding round for educational software and solutions company Serosoft Solutions. The company intends to use the fresh funds to ramp-up global growth across key markets… Read More ›
Advertisements Small Industries Development Bank of India (SIDBI), the principal financial institution engaged in the promotion, financing and development of Micro, Small and Medium Enterprises (MSMEs) has launched the second window of Swavalamban Challenge Fund (SCF), which aims to provide financial… Read More ›
Advertisements In pre-series A round of funding, Locobuzz, a digital customer experience platform, has raised INR 9 crores. The investment came from Maharashtra State Social Venture Fund, which functions under the umbrella of SIDBI Venture Capital Ltd. The funds will… Read More ›
