12/2/2018 – Masii, a dot-com startup that provides an online comparison platform for financial products has today completed its series A round raising 77 million baht, that translates to about US$2.43 million. According to Masii’s co-founder and CEO Max Meyer, this funding round is led by Thai conglomerate B. Grimm, alongside the participation of new … Read more
26/2/2018 – Private equity firm Anthem Asia announced recently that it is raising US$40 to US$50 million for its Myanmar SME Venture Fund to support the national and regional expansion of local businesses. Their investment will focus on small and medium enterprises, agribusiness, affordable housing, health, education, as well as climate change mitigation and adaptation. … Read more
Shriram Transport Finance Company has raised funds worth Rs 500 crore on private placement basis. The Allotment Committee – NCDs of the company in its meeting held on March 06, 2018, has approved and allotted 5,000 Secured Redeemable Rated Listed Non-Convertible Debentures of face value of Rs 10 lakh each, aggregating to Rs 500 crore. … Read more
Andhra Bank has raised Rs 500 crore by issuing Basel III-compliant bonds on a private placement basis. The bank has issued 9.2% unsecured fully paid-up non-convertible Basel III compliant additional tier I capital perpetual debt bonds in the nature of debentures for an amount of Rs 500 crore on private placement basis. The issue was … Read more
Bajaj Finance has raised funds aggregating to Rs 485 crore through private placement. The Debenture Allotment Committee of the company at its meeting held on October 31, 2017, has allotted 4850 Secured redeemable non-convertibles debentures of face value of Rs 10 lakh each aggregating to Rs 485 crore. Bajaj Finance, the lending and investment arm … Read more
