[Jobs Roundup] Work with women-led digital debt platform Northern Arc with these positions
To date, Northern Arc has enabled debt financing of around Rs 90,000 crore for its clients across micro-finance, small business finance, affordable housing finance, vehicle finance, agriculture finance, consumer finance, fintech, and mid-market corporates.
0 claps
Northern Arcannounced it received
$50 million in debt financing from
US International Development Finance Corporation (DFC).
The first tranche of $25 million was made available in December, while the remaining $25 million was disbursed recently. The funds will be deployed for on-lending to financial institutions, as well as lending directly to retail customers through the co-lending product, and mid-market corporates.
Bengaluru-based
Bellatrix Aerospace is an IP-driven spacetech company that was founded in 2015. It specialises in spacecraft propulsion systems and orbital launch vehicles.
On February 8, 2021, Bellatrix signed a Memorandum of Understanding (MoU) with Skyroot Aerospace, a third of its kind. Previously, it had also signed an MoU for its constellation of EO satellites, and joined hands with Dhruva Space for space qualification of one of its propulsion systems.
Bellatrix signed an MoU with Skyroot Aerospace earlier this month
ALSO READ
Bellatrix is now expanding to develop
Orbital Transfer Vehicles based on its advanced propulsion technologies for precise orbital insertion of satellites. This year, it also bagged the National Startup Award under launch vehicles and satellite categories.
[Jobs Roundup] Work with online furniture startup Pepperfry with these openings
Online furniture startup Pepperfry recently raised Rs 35 crore in debt capital from venture debt firm InnoVen Capital. The startup has seen significant growth in the past months, with improved economics for the business.
0 claps
Online furniture startup
Pepperfry on Friday announced it raised Rs 35 crore in debt capital from venture debt firm
InnoVen Capital. The startup has seen significant growth in the past months, with improved economics for the business. The startup had raised funding last February.
Neelesh Talathi, CFO, Pepperfry, said the startup is focused on expanding its leadership position in Indian furniture and home ecommerce.