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CLIX
Clix Capital secures Rs 220 crore in funding from existing investorsClix Capital, a finance company, secured Rs 220 crore in equity funding from existing investors, including Apollo Global Management. The fu...- Clix Capital raises Rs 220 crore equity from existing investors including Apollo GlobalThe company plans to utilise these funds to strengthen its lending capabilities across the MSME, Education, and Healthcare Equipment sector...
- Karnataka Bank & Clix Capital partner for co lendingThe partnership is focused on providing loans to the Indian MSME sector which is one of the biggest contributors to India's GDP and employm...
- Clix Capital secures Rs 1,200 crore of debt from domestic and global investorsOf the Rs 1,200 crore it has raised in the ongoing quarter, around Rs 160 crore is to be earmarked for green and sustainability projects
- Clix Capital aims to double its profit to Rs 100 cr in FY'24The post-pandemic period saw massive pent-up demand amongst sectors severely impacted due to Covid-19 and the subsequent lockdowns, such as...
- Clix Group partners with Tezzract to lend Rs 1000 crore to MSMEsThrough this partnership, both companies will build solutions to plug the significant challenges that MSMEs face in raising funding to grow...
- Clix Cos sell Rs 107 cr principal dues of Coffee Day Enterprises unit to Phoenix ARCCoffee Day Hotels and Resorts is a 100% subsidiary of listed Coffee Day Enterprises, with liabilities of Rs 330 crore, according to the ann...
- Clix Capital in merger talks with Suryoday Bank; stock surgesAlmost a year after its attempt to take over Lakshmi Vilas Bank failed, non-banking finance company Clix Capital is in discussions with Sur...
- LVB drops 4% as Clix CEO says merger talks can't go on and onPramod Bhasin, the founder of Clix Capital told ET: "We have to decide this urgently. We are happy to walk away from the deal and get on wi...
- Bhasin warns Clix can walk away if LVB talks go on and onClix Capital had submitted an indicative non-binding offer for LVB on October 8, but is yet to get any substantive response from the stress...
- Lakshmi Vilas Bank makes its stance clear to Clix group on Religare deposit caseThe Reserve Bank of India had advised the bank to maintain provisions, on a prudential basis, to cover potential losses for the "claim agai...
- Lakshmi Vilas Bank soars 16% on receiving non-binding merger offer from Clix GroupOn September 15, the capital-starved bank said it had agreed for an amalgamation with the mid-sized non-banking lender Clix Capital Group i...
- Lakshmi Vilas Bank gets non-binding offer from Clix GroupThe capital-starved bank announced that it has received an indicative non-binding offer from Clix Group, raising promises of its early revi...
- Clix's Pramod Bhasin says could approach RBI within four weeks for LVB merger"Getting the paper work done, meeting people, sharing information and the general due diligence has been a challenge due to the pandemic so...
- Lakshmi Vilas Bank surges 10% as merger talks with Clix Capital on track"We wish to inform that the mutual due diligence is substantially complete, and the parties are in discussions on the next steps. The bank ...
- LVB in talks with investors for capital infusion; looks to raise Rs 1,000 crore: CEOThe bank needs capital to grow and make profit, and "we have got Clix as they have expressed their interest to merge with the bank. The adv...
- Lakshmi Vilas Bank hits 5% upper circuit limit on merger proposal by Clix CapitalShares of the mid-size private sector lender got locked at 5 per cent upper circuit limit at Rs 16.06 on BSE.
- AION-backed Clix offers to buy stakes in troubled LVBThe market capitalisation of Lakshmi Vilas Bank (LVB) was Rs 515 crore at Monday’s stock price of Rs 15.3 apiece on the bourses. The stock ...
- Clix Capital in talks to invest up to Rs 800 crore in Catholic Syrian BankThis comes after negotiations between the unlisted private sector bank and Canadian billionaire Prem Watsa-controlled Fairfax fell through ...
- Tata Trusts, MIT, and TISS in pact to bring connected learning experiences in IndiaOver 1,000 schools across four Indian states have agreed to participate in CLIx, allowing it to reach an estimated 165,000 students by 2018...
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