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KAJAL ILMI
Post- auction, Aviom India Housing Finance promoter tables a full settlement planAviom India Housing Finance promoter Kajal Ilmi has submitted a revised settlement offer of ₹554 crore upfront, aiming to repay lenders and...- Unity Small Finance Bank wins 3-way auction for Aviom India Housing FinanceSix companies had shown interest in acquiring Aviom India Housing Finance under the National Company Law Tribunal (NCLT)-monitored process ...
- Aviom India creditors to go for Swiss challengeIn an effort to maximize returns for its lenders, Aviom India Housing Finance is launching a Swiss challenge auction to attract competitive...
- Aviom India Housing Finance promoter offers to settle dues as six entities put in bidsAccording to the proposal, there would be an upfront payment of Rs 350 crore while the accrued interest would be paid in 24 months after th...
- Unity SFB leads Aviom India Housing race with Rs 775-cr bidAuthum Investment and Infrastructure, Northern Arc, DMI Housing, Kifs Housing Finance and Omkara Asset Reconstruction Company are among oth...
- RBI files application for insolvency proceedings against Aviom India Housing FinanceThe Reserve Bank of India has initiated a corporate insolvency resolution process against Aviom India Housing Finance due to governance iss...
- NHB probe into Aviom's books finds 'inflated' investmentsAviom India Housing Finance is under investigation for potential fraud after the National Housing Bank discovered inflated mutual fund inve...
- Aviom India Housing hit by fraud, to delay lender paymentsThe fraudulent transactions have affected Aviom's cash flows, which will impact repayment capabilities, the people said. The housing financ...
- Nuveen invests $30 million in Aviom India Housing FinanceAccording to people in the know, her holding as the promoter comes down to 32% from 39% while Japan's Gojo has its stake reduced to 19% fro...
- Aviom India Housing to raise $30 million, new investor to get 30% stakeAviom’s sourcing model, known as Aviom Shakti, has created earning opportunities for over 55,000 women, who serve as referral agents for ho...
- Aviom India Housing Finance to raise $30 million via share salesJapan’s Gojo-backed Aviom, with Rs 990 crore in loan assets, is in talks with a global pension fund and a domestic private equity fund for ...
- Aviom India Housing Finance raises $8 million in Series C fundingFounded in 2016 by Kajal Ilmi, Aviom India Housing Finance provides small loans — Rs 50,000 to Rs 5 lakh — to women borrowers in rural and ...
- India focused private equity fund Sabre Partners buys 13.4% in Aviom India Housing FinanceThe lender, which doubled its asset under management to Rs 550 crore in a year, is aiming to grow its book to Rs 800 crore by March 2022.
- US-based DFC backs IndusInd Bank's loan to Aviom India Housing FinanceIndia's micro-housing sector has got a boost with US-based Development Finance Corporation (DFC) taking exposure in Delhi-based startup Avi...
- Japan's Gojo invests Rs 130 crore in Indian financial companies during lockdownGojo's exposure to Indian firms now stands at Rs 365 crore, out of its total investment of Rs 525 crore across four countries including Cam...
- Relaxed rules opening up demand in the housing sector for startupsThe government had also extended the benefits of the interest subsidy up to Rs 2.6 lakh on home loans under the Pradhan Mantri Awas Yojana ...
- Shazia Ilmi, ex-journalist: The Muslim face of Team Anna'I understand how the system works. And I know the media well. I have seen all the power broking and the wheeling-dealing.'
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