Vivriti Capital Secures USD 25 Million from ADB for Climate Finance

By By Rediff Money Desk, Mumbai
Sep 30, 2024 21:29
Vivriti Capital secures USD 25 million from ADB for climate finance, marking the first certified climate bond issuance by a private-sector NBFC in India. The senior secured debt facility has a four-year tenor.
Mumbai, Sep 30 (PTI) Non-bank lender Vivriti Capital on Monday said it has borrowed USD 25 million from the Asian Development Bank (ADB) for climate finance.

The senior secured debt facility has a four-year tenor and is the maiden certified climate bond issuance by a private-sector NBFC in India, as per an official statement.





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Traqcheck raises funds at USD 14 mn valuation

Enterprise software startup Traqcheck on Monday said it has raised an undisclosed sum of money at a USD 14 million valuation.

Investors in the pre-Series A round include Goldman Sachs' Alok Oberoi and Aakash Anand of Bellavita, as per a company statement.












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Singapore-based Thinkuvate achieves first close of Rs 25 cr for India-focused fund

Singapore-based angel investment platform Thinkuvate on Monday announced that it has achieved the first close of Rs 25 crore for its India-focused fund.

The platform has also invested in four startups, including Rosh.ai, Zippee, Pantherun and NymbleUp.ai, from the Thinkuvate India Fund already, as per a company statement.






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Godrej and Boyce executes Rs 67 cr electrical works contract for financial capital's maiden underground metro line

Godrej and Boyce on Monday said the company has executed a Rs 67 crore electrical works contract for the financial capital's maiden underground metro line.

The first phase of the 'Aqua Line' is set to be inaugurated soon, as per reports.
Source: PTI
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