Zetwerk raises ₹100 cr debt led by Edelweiss
1 year, 9 months ago

Zetwerk raises ₹100 cr debt led by Edelweiss

Live Mint  

Mumbai: Business-to-business manufacturing services marketplace Zetwerk has raised around ₹100 crore in debt capital, with a fund backed by the Edelweiss Group contributing the bulk of the financing, said two people privy to the development. The debt was raised by issuing non-convertible debentures with around ₹83 crore garnered from Edelweiss Credit Plus Fund, which provides debt capital for early-to-mid stage private companies. The people cited above said Edelweiss Group’s other funds such as Crossover Opportunities fund are in talks to take part in Zetwerk’s equity round. Launched in early 2022, Edelweiss Credit Plus Fund is a category II alternative investment fund focused on mid-market opportunities in performing credit space.

Round Zetwerk Debt Fund Edelweiss Credit  debt  fund  raises  led  zetwerk  equity  cr  crore  round  capital  edelweiss  credit  manufacturing  100

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Edelweiss Alternatives raises $1 billion for third special-situations fund
1 year, 2 months ago

Edelweiss Alternatives raises $1 billion for third special-situations fund

Live Mint  

Bengaluru: Edelweiss Alternative Asset Advisors, the alternative-assets arm of Mumbai-based financial services firm Edelweiss Financial Services Ltd, said on Monday it has raised $1 billion for its third special-situations fund. As a brand, we will continue to strive to deliver not only superior risk-adjusted returns across our businesses but also focus on providing continuous and consistent yield/income to our clients …

IIFL Finance to raise funds via public issue of NCDs; issue to open this week
1 year, 11 months ago

IIFL Finance to raise funds via public issue of NCDs; issue to open this week

Live Mint  

IIFL Finance is planning to raise through the public issue of non-convertible debentures. The Tranche I Issue consists of public issue by the company of Secured Redeemable Non-Convertible Debentures of face value of ₹1,000 each for an amount upto ₹1,000 million with an option to retain oversubscription upto ₹9,000 million aggregating to ₹10,000 million, which is within the Shelf Limit …

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