UK’s Prudential may lead Udaan down round; below $2 billion value seenThe Lightspeed India-backed startup is likely to see a significant drop in its valuation, to under $2 billion during the new financing roun...
16 Jan, 2024, 07.13 AM IST
Fund flows to help Inox Wind pare debt, speed up projectsApart from the promoters, investors including Samena Green, a green fund of investment group Samena Capital, and Kolkata based Lend Lease w...
21 Apr, 2022, 05.20 AM IST
Microsoft joins Udaan’s debt funding roundWith this, Udaan has now raised a total of $225 million through convertible notes.
18 Apr, 2022, 02.06 PM IST
SC Credit Fund files plaint against SeyaThe complaint was filed after Seya allegedly defaulted on its obligations to the fund, following which the fund had invoked the shares pled...
22 Oct, 2020, 09.11 AM IST
Samena Capital invests additional Rs 100 cr in Bloom HotelsSamena Capital had earlier, in April this year, invested Rs 100 crore in a series B investment round in Bloom Hotels for 35 per cent stake ...
26 Dec, 2018, 03.21 PM IST
Ex-Goldman banker looks to fill India lending gap after IL&FSA shadow bank’s defaults have pushed up borrowing costs in India and made it harder for smaller companies to get funding. Alternative lende...
10 Oct, 2018, 09.10 AM IST
Former Religare CEO's NBFC raises Rs 1,000 crore from UHNIs“The fund raising will create a great capital base. Some of the large globally recognised high-quality family institutions have backed us,”...
31 Jul, 2018, 08.11 AM IST
Bloom Hotel Group acquires Hotel Asian International in NDMC re-auctionIn January last year, the hotel was e-auctioned, fetching Rs 45.5 lakh per month as licence fee. However, the bidder later refused to take ...
22 Jun, 2018, 08.59 AM IST
Samena Capital picks up 35% stake in Bloom Hotels at Rs 330 crore valuationSamena Capital has taken a 35% stake in Bloom Hotels for Rs 100 crore valuing the company at Rs 330 crore in a series B investment round.
19 Apr, 2018, 04.27 PM IST
Tejas IPO may value co at Rs 2,400 croreTejas had abandoned the IPO plan following the global financial crisis and a series of developments that brought its revenue down to a thir...
13 Sep, 2016, 09.17 AM IST
UAE-based RAK Ceramics to invest Rs 75 crore in IndiaPresently, the company enjoys a 15 per cent market share in the country's tiles industry which is worth Rs 25,000 crore.
29 Dec, 2014, 09.12 PM IST
Tiles maker RAK India plans to go publicRAK India, domestic arm of UAE-based tiles maker RAK Ceramics, is planning to go public through an initial public offering when market cond...
17 Aug, 2014, 12.11 PM IST
Samena picks up 30.6% stake in world's largest ceramics maker, RAK CeramicsInvestment firm Samena Capital has acquired 25 crore shares, aggregating to 30.6 per cent stake, in the world's largest ceramics maker, RAK...
16 Jul, 2014, 10.08 PM IST
Kinetic set to firm up its own biz plansKinetic sold its 10.36% stake in the company to Samena Capital, private equity investment group company for a gross consideration of Rs182....
26 Feb, 2014, 07.23 AM IST
RCOM, Reliance Jio may ink deal to share fibre opticReliance Communications (RCom) is likely to sign an intra-city fibre-optic sharing deal with Reliance Jio Infocomm in the next couple of mo...
12 Aug, 2013, 05.46 AM IST
Reliance Communications Q1 net dips 33 per cent while profit soars for Idea by 97 per centWhile both companies benefitted from stabilising tariffs, Reliance Communications continued to be dragged by the cost of servicing its debt.
02 Aug, 2013, 05.05 AM IST
PE funds consortium in talks to acquire Reliance GlobalcomSources said the PE consortium has been preferred as it was offering better price and faster execution of the deal, which may be $1 to 1.2 ...
20 Apr, 2013, 04.53 PM IST