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To fuel its growth requirements, the company has secured over Rs 50 crore in two independent debt financing rounds led by Tata Capital and Nuvama Asset Management. BankBazaar, which has raised around $116 million in equity so far, is also in the process of raising another round of equity in the ongoing Series D2 round.
BankBazaar IPO: "The company has secured over Rs 50 crore in two independent debt financing rounds led by Tata Capital and Nuvama Asset Management. It is also in the process of raising another round in equity in the ongoing Series D2 round. The debt round was closed early this year while the equity round is ongoing and expected to close by the coming quarter," BankBazaar mentioned.
The announcement comes within a week of Dutch development bank FMO’s disclosure that it would invest $75 million in the NBFC.
Exponent Energy CEO Arun Vinayak told ET that interoperability in charging infrastructure is good, but standardisation is bad.
Founded in 2022, Arnatar specialises in antisense drug discovery and development.