Evolutionx Debt News Today

The company will use the proceeds from the ECBs for onward lending activities for MSMEs, company said in a statement.

Barsagade’s exit from PPBL comes almost a week after chief operating officer Surinder Chawla quit citing personal reasons and also to pursue better career prospects

IPO-bound Ola Electric retains its market leader tag with 328,785 units registered in FY24, the Vahan portal shows. The number has more than doubled from FY23 at 152,741. In the March quarter, the company saw 119,310 registrations, as against 84,133 units in the previous quarter.

Ola Electric, TVS Motors, and Bajaj expanded their market share in FY24. Ola led with 35% in non-transport electric two-wheelers. The overall sales grew 30% to 9,41,583 registrations.

Apple and its supplier network have become Indias leading blue-collar job creator since the start of the production-linked incentive scheme. This and more in todays ETtech Top 5.

Ola Electric Mobility Ltd. is leading the electric vehicle (EV) market in India and creating waves in the drive towards a greener future. A strategy shift has been shown by recent developments as the company raises money and prepares for its initial public offering (IPO).

Tiger Global-backed Mensa Brands has raised $40 million in growth capital from venture debt firm EvolutionX Debt.

Temasek, as an equity-only sovereign wealth vehicle, had a bad year. A close look at its portfolio positioning helps us understand what it is doing about it.

PharmEasy is in talks to raise Rs 2500 crore ($304 million) from Manipal Group and others, to repay its debt, MoneyControl reported.

The month of June did not end on a positive note with venture capital funding touching another low.