Page 20 - Fundraising
Coronavirus to cripple Indian start-ups, firms struggle to pay salaries
Firms say they are conserving cash and postponing expansion plans
 "Coronavirus to cripple Indian start-ups, firms struggle to pay salaries")
Gold loan start-up Rupeek raises $60 mn from Binny Bansal, other investors
Founded in 2015, Rupeek is currently disbursing gold loans at an annual run rate of more than $200 million
 "Gold loan start-up Rupeek raises $60 mn from Binny Bansal, other investors")
Zomato bolsters its ship with UberEats as Indian food-tech scouts a shore
In a tough environment, Zomato's expensive purchase shows how its strategy is different from Swiggy's as both compete to attract Softbank amid global investors' proxy food wars in India
 "Zomato bolsters its ship with UberEats as Indian food-tech scouts a shore")
NTPC raises Asia's largest Japanese yen loan of $750 million
The proceeds from the latest JPY loan would be used in to fund capital expenditure for installation of FGD systems at its existing units
 "NTPC raises Asia's largest Japanese yen loan of $750 million")
Bharti Airtel's mega issuance buoys 2020 outlook for fundraising
Market players say access to equity capital will give companies the confidence to chalk expansion plans to benefit from an upturn in the economy
 "Bharti Airtel's mega issuance buoys 2020 outlook for fundraising")
Bharti Airtel's fundraise garners $10 billion, three times its target
The issue opened Wednesday and has already been oversubscribed and according to banking sources the allocation of the shares will be made next week
 "Bharti Airtel's fundraise garners $10 billion, three times its target")
Manappuram Finance to raise up to Rs 350 crore through issuance of NCDs
The shares of Manappuram Finance were trading at Rs 172.35, down 0.14% on BSE
 "Manappuram Finance to raise up to Rs 350 crore through issuance of NCDs")
Tata Motors to raise up to $300 mn by issuing bonds in November
The company said the bonds will be issued to investors identified by the committee and will be listed on Singapore Exchange Securities Trading Ltd
 "Tata Motors to raise up to $300 mn by issuing bonds in November")
Freshworks valuation hits $3.5 bn after $150-mn Series-H fundraising
The financing, subject to customary closing conditions, including US antitrust regulatory clearance, is expected to close by year-end
 "Freshworks valuation hits $3.5 bn after $150-mn Series-H fundraising")
Shades of fundraising
Not only have artists contributed works of better quality, they have also ensured that values are lower than their market value to ensure that the transactions take place
 "Shades of fundraising")
India-focused investors' fundraising in Jan-Aug sees 109% annual growth
Investor exits in August twice as much as in July, but 61% lower than the same month a year earlier; investments during the month down 71% on a year-on-year basis
 "India-focused investors' fundraising in Jan-Aug sees 109% annual growth")
Fundraising abroad gets easier for firms
Experts said in 2018, the fundraising could surpass $18 billion
