Beena Parmar - Author at VCCircle
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Beena Parmar

TrulyMadly, Malaki, Sirona Hygiene, MyDentalPlan raise funding

TMT

20 April, 2021

TrulyMadly, Malaki, Sirona Hygiene, MyDentalPlan raise funding

Startup incubator and accelerator Venture Catalysts has invested in the Rs 16 crore ($2.1 million) pre-Series A round of homegrown...

Central bank sets up committee to review ARCs' role

Finance

20 April, 2021

Central bank sets up committee to review ARCs' role

The central bank has set up a six-member committee to review the working and business models of asset reconstruction companies...

 French agency Proparco makes a loan for IndusInd Bank's microfinance division

Finance

19 April, 2021

French agency Proparco makes a loan for IndusInd Bank's microfinance division

French development agency Proparco made a $75 million (about Rs 560 crore) loan to mid-sized private-sector lender IndusInd Bank...

Northern Arc Capital raises debt financing from Kotak Mahindra Bank

Finance

19 April, 2021

Northern Arc Capital raises debt financing from Kotak Mahindra Bank

Non-bank lender Northern Arc Capital has received Rs 40 crore ($5.34 million) debt financing from mid-sized private-sector lender...

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Lenders take nearly 61% haircut in stressed MSP Sponge Iron OTS scheme

Manufacturing

19 April, 2021

Lenders take nearly 61% haircut in stressed MSP Sponge Iron OTS scheme

The promoters of Kolkata based MSP Sponge Iron Ltd have completed a one-time settlement (OTS) scheme with its consortium of ......

Aviator Emerging Market Fund leads investment in Dhanvarsha Finvest

Finance

16 April, 2021

Aviator Emerging Market Fund leads investment in Dhanvarsha Finvest

Aviator Emerging Market Fund, focused on Indian non-banking financial companies, has led a Rs 65.8 crore ($8.8 million) infusion...

Premium
Hong Kong-based Ares SSG raises capital for third secured-lending fund

Finance

15 April, 2021

Hong Kong-based Ares SSG raises capital for third secured-lending fund

Alternative asset manager Ares SSG, previously known as SSG Capital, has raised capital for its latest secured lending fund focused...

AngelList India head's second micro venture fund closes at $15 mn

TMT

15 April, 2021

AngelList India head's second micro venture fund closes at $15 mn

Utsav Somani, India head of US-based crowdfunding platform AngelList, said his second micro venture fund iSeed II has closed at...

Ward Ferry, Fairfax, others to invest in discount broker 5paisa Capital

Finance

14 April, 2021

Ward Ferry, Fairfax, others to invest in discount broker 5paisa Capital

The board of IIFL Holdings-owned 5paisa Capital, the only publicly listed discount broker, has approved fundraise worth about...

Fraud-hit sugar maker faces the crusher as company ordered for liquidation

Consumer

13 April, 2021

Fraud-hit sugar maker faces the crusher as company ordered for liquidation

Tamil Nadu’s fraud-hit Thiru Arooran Sugars Ltd is headed for liquidation after lenders failed to receive any viable revival...