Latest News | Vivriti Capital Borrows USD 25 Mn from ADB for Climate Finance

Get latest articles and stories on Latest News at LatestLY. Non-bank lender Vivriti Capital on Monday said it has borrowed USD 25 million from the Asian Development Bank (ADB) for climate finance.

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.

Also Read | Stock Market Holidays in October 2024: Know When Stock Market Will Remain Open and Closed for Trading on BSE and NSE.

Also Read | Bank Holidays in October 2024: From Gandhi Jayanti to Navratri, Banks To Remain Closed for 15 Days Next Month; Check Complete List of Bank Holiday Dates.

----- 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.

---- 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.

----- 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.

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)

Share Now

Share Now