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Northern Arc

Proparco makes $15 mn debt investment in Indian microlender

Finance

07 March, 2023

Proparco makes $15 mn debt investment in Indian microlender

French public entity Agence Française de Développement Group’s private sector financing arm, Proparco, which had earlier backed a host of ......

UpScalio sacks 15% staff

People

05 January, 2023

UpScalio sacks 15% staff

UpScalio, which manages several direct-to-customer (D2C) brands, has laid off 15% of its workforce or around 40 employees basis individual ......

Northern Arc India Impact Fund raises Rs 65 cr

Finance

22 December, 2022

Northern Arc India Impact Fund raises Rs 65 cr

Private debt fund manager Northern Arc Investment Managers (NAIM), on Thursday announced that it has raised Rs 65 crore (around ......

Northern Arc secures $50 mn from Dutch FMO

Finance

27 October, 2022

Northern Arc secures $50 mn from Dutch FMO

Private equity-backed debt financier Northern Arc Capital Ltd, on Thursday said that it has raised $50 million (around Rs 400 ......

Anicut Capital elevates A Jayaseelan to partner, chief credit officer

People

07 September, 2022

Anicut Capital elevates A Jayaseelan to partner, chief credit officer

Alternative investment (AIF) firm Anicut Capital, which has backed startups such as Wow! Momo and Akna Medical, on Wednesday elevated ......

Jai Kisan snags $50 mn in first close of Series B at $200-240 mn valn

TMT

29 July, 2022

Jai Kisan snags $50 mn in first close of Series B at $200-240 mn valn

Rural fintech startup Jai Kisan, on Friday said it has raised $50 million (Rs 398.5 crore) in a mix of ......

Coromandel's VC arm, others invest in agritech firm Ecozen

TMT

16 June, 2022

Coromandel's VC arm, others invest in agritech firm Ecozen

Pune-based agritech startup Ecozen Solutions Pvt. Ltd on Thursday said it has secured Rs 54 crore (around $7 million) as ......

Northern Arc invests debt in EV startup Zypp Electric

TMT

25 April, 2022

Northern Arc invests debt in EV startup Zypp Electric

Bycyshare Technologies Pvt Ltd, which runs electric vehicle-based last-mile delivery service provider Zypp Electric, on Monday said it has raised ......

IPO-bound Northern Arc appoints Niva Bupa's Ashish Mehrotra as new CEO

Finance

29 March, 2022

IPO-bound Northern Arc appoints Niva Bupa's Ashish Mehrotra as new CEO

Private equity-backed debt financier Northern Arc Capital Ltd has announced the appointment of Ashish Mehrotra as the Managing Director (MD) ......

Northern Arc, Triple Jump back MSME lender Aye Finance with Rs 75 cr debt

Finance

24 March, 2022

Northern Arc, Triple Jump back MSME lender Aye Finance with Rs 75 cr debt

Fintech platform Aye Finance on Thursday said it has raised Rs 75 crore (around $10 million) in debt financing from ......