Date | Title | Description |
08.11.2024 | Northern Arc Secures USD 65 Mn for Maiden Climate Fund with Backing from DFC and OeEB The fund, aimed at growth-stage startups, will focus on sectors including solar energy, e-mobility, sustainable ag... | Northern Arc has secured USD 65 million in debt commitments for its inaugural Climate Fund through its fund management arm, Northern Arc Investments IFSC Trust.
This financing includes USD 50 million from the United States International Dev... |
07.11.2024 | India's Northern Arc secures $65m in debt commitments for maiden climate fund | Northern Arc, a non-banking financial company in India, on Thursday said its maiden climate fund has secured $65 million in debt commitments from the United States International Development Finance Corporation (DFC) and OeEB, the official D... |
07.11.2024 | Northern Arc secures $65M debt commitment for maiden climate fund | Northern Arc has raised $65 million in debt commitments for its maiden Climate Fund, through its fund management arm, Northern Arc Investments IFSC Trust.
The debt commitments include $50 million from the United States International Develop... |
16.10.2024 | Temasek files notice with CCI for investment in Rebel Foods
Recommended Stories For You | Singapore-based investment firm Temasek has filed a notice with the Competition Commission of India (CCI) to invest in Rebel Foods through its unit Jongsong Investments, The Arc reported, citing filings.
According to multiple media reports,... |
07.10.2024 | Northern Arc launches Finserv AIF Fund; targets Rs 1,500 Cr corpus, 6 sectors
Recommended Stories For You | Non-banking financial company (NBFC) Northern Arc has launched its performing credit AIF fund (Category II)—‘Finserv Fund’—through its subsidiary, Northern Arc Investment Managers (NAIM).
The fund aims to raise a target corpus of Rs 1,500... |
16.09.2024 | Northern Arc Capital Collects INR 229 Cr from Anchor Investors Ahead of IPO Launch Kotak Mahindra Life Insurance Company, Reliance General Insurance Company, Goldman Sachs (Singapore), Societe General... | Northern Arc Capital, a non-bank financial institution (NBFI), announced that it has raised INR 229 crore from anchor investors. This development comes just days before the company's much-anticipated initial public offering (IPO) opens for ... |
15.09.2024 | Northern Arc raises ₹229 crore from anchor investors | Northern Arc Capital has raised ₹229 crore from 15 anchor investors at the upper end of its IPO price band at ₹263 a share, a statement said.
The top anchor investors were Quant MF, SBI Life Insurance, SBI General Insurance, Singularity Equ... |
14.09.2024 | Northern Arc Bags INR 229 Cr From Anchor Investors Ahead Of IPO | SUMMARY
Non-banking lender Northern Arc Capital has secured INR 229 Cr (around $27.4 Mn) from marquee anchor investors ahead of its initial public offering
SBI General Insurance Company, SBI Life Insurance Company, Reliance General Insuranc... |
13.09.2024 | Moneyview Joins Unicorn Club After Fresh Capital Raise, Bolsters Services with Jify Acquisition With this acquisition, Moneyview aims to expand its financial services by integrating employee-focused s... | Moneyview, a consumer lending platform, has achieved unicorn status following a new funding round from existing investors, Accel India and Nexus Ventures.
The company issued 60,23,382 equity shares at an issue price of INR 64.15 each, raisi... |
11.09.2024 | Northern Arc Capital to Launch INR 777 Cr IPO on September 16 The IPO will remain open for public subscription until September 19, while anchor investors can participate starting September 13. | Northern Arc Capital is set to launch its initial public offering (IPO) on September 16, 2024, offering a combination of fresh equity shares and an offer for sale (OFS).
The IPO will remain open for public subscription until September 19, w... |
30.08.2024 | Rebel Foods’ losses narrow to ₹378 crore in FY24 | Cloud kitchen platform Rebel Foods, which runs brands like Faasos, Oven Story, Behrouz Biryani and others, has reduced its losses by 42 percent to ₹378 crore in FY24 from ₹657 crore in FY23.
The company has generated a revenue of ₹1,420 cro... |
23.08.2024 | ReshaMandi laying-off employees; website shutdown, auditor resigned: Reports | According to people close to the company, ReshaMandi’s journey appears to have come to an end as the company has let go of every employee, according to media. Notably, the website of the company backed by Creation Investments has been unava... |
25.07.2024 | Central Bank of India Soars with Record Profits Amidst Market Shifts**
** | ** The Central Bank of India (CBoI) has emerged as a phoenix from the ashes, reporting a staggering 110% increase in net profit for the first quarter of FY25. The bank's net profit reached ₹880 crore, a significant leap from ₹418 crore in t... |
19.07.2024 | Northern Arc and Sai Life Look To Raise Funds Through IPO: Secures SEBI Green Light Non-banking credit provider Northern Arc Capital and pharma company Sai Life Sciences, both have filed their respect... | Non-banking credit provider Northern Arc Capital and pharma company Sai Life Sciences, both have filed their respective draft papers with the Indian market regulator Securities and Exchange Board of India (SEBI) for a fundraising of a combi... |
15.07.2024 | SEBI clears Northern Arc for IPO while putting SK Finance on hold | Premium
Ashish Mehrotra, MD and CEO, Northern Arc
Non-banking financing company Northern Arc Capital, which counts Leapfrog, Eight Roads, 360 One among its investors, has received India’s capital markets regulator Securities and Exchange Bo... |
11.07.2024 | IVCA CAT III Summit Charts Course for the Future of CAT III AIFs in India | Mumbai, Maharashtra, India
India’s apex industry body for alternative assets, the Indian Venture and Alternate Capital Association (IVCA), is set to host the IVCA CAT III Summit in Mumbai on July 11th, 2024. The IVCA CAT III Summit aims to ... |
28.06.2024 | Northern Arc Capital Secures $75 Million Debt from Dutch Lender FMO
Vedanta Aluminium wins accolades for environment and energy excellence
IREDA loan surges to Rs 91.36 billion in April-June
India, Au... | ECONOMY & POLICY Northern Arc Capital Secures $75 Million Debt from Dutch Lender FMO
28 Jun 2024 2 Min Read CW Team
Northern Arc Capital, a leading Indian financial services firm, has successfully raised $75 million in debt funding from... |
26.06.2024 | Northern Arc Capital's Financial Leap with FMO Investment | Northern Arc Capital Limited, a non-banking financial company (NBFC), has secured a significant boost of USD 75 million from the Dutch development bank FMO. This investment, made through senior secured non-convertible debentures (NCDs) list... |
25.06.2024 | Northern Arc Capital raises $75 million from Dutch Development Bank FMO | Northern Arc Capital Limited, a diversified non-banking financial company (NBFC), has raised $75 million (about ₹620 crore), from FMO, the Dutch entrepreneurial development bank.
Also read:Educational lending platform Propelld raises $25 mi... |
25.06.2024 | IPO-Bound Northern Arc Bags $75 Mn Debt From Dutch FMO | SUMMARY
The NBFC raised the funds by issuing non-convertible debentures to the Dutch entrepreneurial development bank
It plans to deploy the fresh proceeds to fuel its retail microloans, MSME loans and green loans
Northern Arc’s revenue for... |
25.06.2024 | Northern Arc Capital secures $75M from FMO via senior NCDs on BSE
Recommended Stories For You | Non-banking financial company (NBFC) Northern Arc Capital Limited has secured $75 million from Dutch development bank FMO through senior secured non-convertible debentures (NCDs) listed on BSE, with a five-year tenure.
This transaction bo... |
25.06.2024 | Northern Arc Secures USD 75 Mn Boost for Micro and Green Loans Projects The funds raised will be deployed in retail microloans, MSME loans, and green loan projects. | Northern Arc Capital Limited, a non-banking financial company (NBFC), has secured USD 75 million via senior secured non-convertible debentures (NCDs) listed on the BSE, with a five-year duration, from the Dutch development bank FMO. With th... |
31.05.2024 | Cloud kitchen brand Rebel Foods raised Rs 110 Cr Debt funding from Alteria, InnoVen | Rebel Foods, a cloud kitchen brand, has raised debt from Alteria and InnoVen Capital totalling Rs 110 crore ($13.2 million). Following its most recent equity round in 2021, EatSure’s parent company (formerly known as Faasos) is now on its f... |
20.05.2024 | Lending platform Propelld raised $25 M Debt funding for NBFC arm Edgro | The lending platform Propelld, which focuses on education, has raised $25 million in debt financing for Edgro, its fully-owned NBFC subsidiary.
Nine lenders, including Credit Saison India Private Limited, AU Small Finance Bank, InCred Finan... |
29.04.2024 | Deals in brief: RayGen and Uncharted secure funding, Temasek and BlackRock close USD 1.4 billion climate fund, Bahrain’s Investcorp teams up with China, and more | NewsDeals in brief: Sfermion and Amber Group lead USD 1.8 million investment in Anichess, 11 China and India deals, and more
Written by KrASIA Writers Anichess, Oclean, Northern Arc, and more led last Friday’s headlines: Anichess, a chess-b... |
28.04.2024 | Northern Arc Secures Funding to Expand Reach | Non-banking financial firm Northern Arc has secured a whopping $80 million from IFC. This Chennai-based platform is gearing up to expand its reach to end customers and enhance credit access across its targeted sectors. With this fresh injec... |
27.04.2024 | From Northern Arc To Dhruva Aerospace — Indian Startups Raised $172 Mn This Week | SUMMARY
Indian startups cumulatively raised $172.6 Mn across 21 deals between April 22-27
Fintech took the leader spot this week with startups in the sector cumulatively raising $88.5 Mn via 3 deals
Seed funding picked up this week to $33.9... |
25.04.2024 | Non-banking Financial Firm Northern Arc Secures USD 80 Mn from IFC With the raised funds, the Chennai-based platform aims to expand to reach end customers and improve credit access to customers across... | - |
24.04.2024 | IPO-bound NBFC Northern Arc raises $80 mn from IFC | Ashish Mehrotra, MD and CEO, Northern Arc
Non-banking lender Northern Arc, which recently refiled its preliminary papers for a public listing, has raised $40 million (Rs 333 crore) in equity and another $40 million in debt from Internationa... |
26.04.2023 | Northern Arc, Stride led Rs 75 Cr debt funding raised by Rebel Foods | In the midst of a funding crisis, cloud kitchen brand Rebel Foods has added another debt round. Catalyst Trustship (Northern Arc) and Stride Ventures have each provided Rs 75 crore in debt to EatSure’s parent company, which was formerly kno... |
25.01.2023 | Omnivore achieves partial exit in Ecozen’s $25m Series C led by Nuveen for clean energy irrigation, cold chain tech | Ecozen, an Indian company that’s providing solar-powered irrigation and cold chain storage solutions, has closed a $25 million Series C in equity and debt from a pool of investors and banking institutions.
The equity round was led by the US... |
22.12.2022 | Northern Arc India Impact Fund raises Rs 65 crore from Belgian Investment Company | Representative Image
India-based private debt fund managers Northern Arc Investments Managers (NAIM), on December 22, said it raised Rs 65 crore Belgian Investment Company for Developing Countries (BIO), a member of EDFI (European Developme... |
27.10.2022 | Northern Arc Capital raises $50 million through NCDs from FMO | Northern Arc Capital, a non-banking finance company (NBFC) focussed on under-served households and businesses, today announced raising of $50 million through bond issuance to FMO, the Dutch entrepreneurial development bank.
In a press relea... |
27.10.2022 | Northern Arc Capital Raises $50 Mn To Offer Customised Solutions To Businesses | The digital debt financing company raised the amount through the issuance of non-convertible debentures from the Dutch entrepreneurial development bank FMO
Northern Arc will use half of the funds to support MSMEs and women entrepreneurs, in... |
27.10.2022 | Northern Arc secures $50 mn from Dutch FMO | Credit: 123RF.com
Private equity-backed debt financier Northern Arc Capital Ltd, on Thursday said that it has raised $50 million (around Rs 400 crore) through non-convertible debentures (NCDs) from Dutch entrepreneurial development bank FMO... |
04.08.2022 | PE-backed Northern Arc snags $25 mn from Proparco | Credit: vccircle
Private equity-backed debt financier Northern Arc Capital Ltd has raised $25 million (around Rs 187 crore) in external commercial borrowings (ECB) from AFD Group’s private sector financing arm, Proparco.
The long-term fundi... |
17.05.2022 | ₹55 crore debt funding from Northern Arc, UCIC, Oxyzo" data-reg="Karbon Card raises ₹55 crore debt funding from Northern Arc, UCIC, Oxyzo">Karbon Card raises ₹55 crore debt funding f... | ₹55 crore debt funding from Northern Arc, UCIC, Oxyzo" data-reg="Karbon Card raises ₹55 crore debt funding from Northern Arc, UCIC, Oxyzo">Karbon Card raises ₹55 crore debt funding from Northern Arc, UCIC, Oxyzo
Premium Ka... |
29.09.2021 | Northern Arc Capital Raises INR 100 Cr Debt From SMBC | - |
29.09.2021 | Northern Arc raises ₹100 crore debt from Sumitomo Mitsui Banking | Will use proceeds to cater to credit demands of small enterprises and agri-businesses
Digital debt financing platform, Northern Arc Capital, on Wednesday announced that it has raised ₹100 crore in debt from leading Japanese bank Sumitomo Mi... |
31.08.2021 | Northern Arc Capital Raises $50 Mn Via ECB | August 31, 2021 2 min read
Opinions expressed by Entrepreneur contributors are their own.
You're reading Entrepreneur India, an international franchise of Entrepreneur Media.
Chennai-headquartered digital debt platform Northern Arc Capital ... |
31.08.2021 | Northern Arc Capital raises $50 mn via ECB | To cater to the credit demands of women borrowers.
Northern Arc Capital, a debt financing platform, today announced that it has successfully concluded a $50 million external commercial borrowing (ECB) transaction with the Japanese Internati... |
31.08.2021 | Indian debt platform Northern Arc Capital raises $50m from Japan’s JICA | Northern Arc Capital, a debt platform, on Tuesday announced that it has concluded a $50 million (about ₹365 crore) external commercial borrowing (ECB) transaction with the Japanese International Cooperation Agency (JICA), the company said i... |
31.08.2021 | Indian debt platform Northern Arc Capital raises $50m from Japan’s JICA | Premium
Northern Arc Capital, a debt platform, on Tuesday announced that it has concluded a $50 million (about ₹365 crore) external commercial borrowing (ECB) transaction with the Japanese International Cooperation Agency (JICA), the compan... |
19.04.2021 | [Funding alert] Northern Arc raises Rs 40 Cr debt from Kotak Mahindra Bank to help small businesses | To support small businesses and households hit by the pandemic, digital debt platform Northern Arc Capital has raised Rs 40 crore debt from Kotak Mahindra Bank.The debt is backed and partly guaranteed by the Michael & Susan Dell Foundat... |
19.04.2021 | Northern Arc raises ₹40 crore in debt from Kotak Mahindra Bank | The proceeds will be used to lend to retail households, microentrepreneurs with a household monthly income of less than ₹25,000
Northern Arc Capital, a Chennai-based non-banking finance company (NBFC), today announced that it has received ₹... |
09.04.2021 | Northern Arc Capital raises $25 million debt from FMO | Northern Arc Capital, a Chennai-based non-banking finance company (NBFC), has raised $25 million in debt from Dutch impact investor FMO. The fundraising comes close on heels of $10 million debt raised by the company last month from US-based... |
09.04.2021 | Northern Arc Raises $25 Mn In Debt Funding | April 9, 2021 2 min read
Opinions expressed by Entrepreneur contributors are their own.
You're reading Entrepreneur India, an international franchise of Entrepreneur Media.
Chennai-based digital debt platform Northern Arc on Thursday announ... |
23.03.2021 | Indian Fintech startup KreditBee raises US$ 70M in Series C round | India-based Fintech startup KreditBee, a digital lending platform developed to assist young professionals with their personal finances, raised US$ 70 under its holding entity Finnov on 22 March 2021. |
11.03.2021 | Northern Arc raises $10 mn in ECB from Calvert Impact Capital | Northern Arc Capital, a non-banking finance company (NBFC) that provides access to debt capital for under-banked individuals and businesses, announced that it has raised $10 million in debt through external commercial borrowing (ECB) from U... |
10.03.2021 | Debt venture firm Northern Arc raises $10 million via External Commercial Borrowing (ECB) | Advertisment
"These include aiding small businesses and promoting gender equity, a cause that is strongly endorsed by both organisations. The facility’s longer duration will expand Northern Arc’s ability to fund MSMEs and households,&... |
10.03.2021 | [Funding alert] Northern Arc raises $10M in ECB financing from Calvert Impact Capital | Chennai-based digital debt platform Northern Arc Capital has raised $10 million in debt from US-based Calvert Impact Capital via External Commercial Borrowing (ECB).
According to the company, this is Calvert Impact Capital’s largest debt in... |
02.03.2021 | [Funding alert] Northern Arc raises $50M debt from US DFC | Chennai-based digital debt platform Northern Arc on Tuesday announced it has received $50 million in debt financing from US International Development Finance Corporation (DFC).
The first tranche of $25 million was made available in December... |
05.06.2020 | [Funding alert] Northern Arc raises $50M in debt from US International Development Finance Corporation | Northern Arc, one of India’s major debt financiers, on Friday announced that it has received a commitment of $50 million in debt financing from the US International Development Finance Corporation (DFC).
The funds will be used by Northern A... |
05.06.2020 | Northern Arc Capital secures $50 million of debt financing from DFC | Our Bureau
Northern Arc Capital, a non-banking finance company (NBFC) that provides access to debt capital for under-banked individuals and businesses, on Friday announced that it has received a commitment of $50 million of debt financing f... |
09.03.2020 | Northern Arc Investments announces first close of $23 mn in latest fund | - |
27.03.2019 | India: Northern Arc raises $130m from IIFL fund, StanChart PE | Premium
Northern Arc Capital (formerly IFMR Capital), a debt capital platform for financial institutions serving excluded individuals and businesses, on Tuesday said it had raised ₹910 crore ($130 million) from IIFL Special Opportunities Fu... |
26.03.2019 | IIFL fund leads $130 mn investment in Northern Arc Capital | Non-banking financial company Northern Arc Capital Ltd said on Tuesday that it has secured a fresh investment of Rs 910 crore (around $130 million) from a clutch of institutional investors.
IIFL Special Opportunities Fund and Standard Chart... |
26.03.2019 | Northern Arc Capital raises ₹910-cr funding from IIFL | Northern Arc Capital (formerly IFMR Capital), on Tuesday, announced that it has raised ₹910 crore ($130 million) from IIFL Special Opportunities Fund and its series managed by IIFL Asset Management Ltd, SCPE (Standard Chartered Private Equi... |
26.03.2019 | Northern Arc raises INR 910 crore (USD 132 million) funding from IIFL Special Opportunities Fund and Affirma Capital. | - |
15.01.2019 | Northern Arc, LGT Impact back $17m funding in agtech startup WayCool | Premium
Chennai based agtech startup WayCool has raised Rs 120 crore (about $17 million) in equity and debt from LGT Impact, prominent angels, and institutional lenders, including Northern Arc Capital and Caspian, per an announcement on Tue... |
24.12.2018 | Northern Arc raises ₹200 cr through NCDs | Non-banking finance company Northern Arc Capital today announced that it has raised ₹200 crore through issuance of rupee-denominated non-convertible debentures (NCDs).
FMO, a Dutch development bank, has invested in the NCDs, which were issu... |
26.11.2018 | Arc Capital Receives $100M From Belay Investment for ArcWest Acquisitions | - |
- | Northern Arc | “Northern Arc” |
- | ₹163 crore from Citi, Northern Arc" data-reg="Sachin Bansal’s Navi Finserv raises ₹163 crore in securitization transaction with Citi, Northern Arc">Sachin Bansal’s Navi Finserv raise... | ₹163 crore from Citi, Northern Arc" data-reg="Sachin Bansal’s Navi Finserv raises ₹163 crore in securitization transaction with Citi, Northern Arc">Sachin Bansal’s Navi Finserv raises ₹163 crore in securitization transacti... |
- | [Funding roundup] Fabrication Bazar raises Rs 7 Cr, Northern Arc Capital secures $25M via ECBs | Fabrication Bazar raises over Rs 7 Cr in a seed round led by Inflection Point Ventures
Manufacturing and engineering startup Fabrication Bazar has raised over Rs 7 crore in a seed round led by Inflection Point Ventures. The funds raised wil... |
- | Northern Arc Announces First Close Of India Impact Fund At $23 Mn | Debt fund management company Northern Arc Investments has announced the first closing of its latest fund — Northern Arc India Impact Fund — at $23 Mn. This is the eight fund of Northern Arc Investments fo which the company has set an overal... |
- | Northern Arc Capital raises $50M from Jica for on-lending to women borrowers | Northern Arc Capital, which is mostly into debt arrangement and small lending, has raised $50 million (around Rs 365 crore) in external commercial borrowing from the Japanese International Cooperation Agency (JICA) for on-lending to small ... |
- | Northern Arc Capital raises US$25 million in ECB from Proparco | Northern Arc Capital, a Chennai-based non-banking finance company, today announced that it has raised $25 million in external commercial borrowing (ECB) from Proparco, the private sector financing subsidiary of Agence Française de Développe... |
- | Financial services firm Northern Arc bags $80M funding from World Bank’s IFC
Recommended Stories For You | Non-banking financial company (NBFC) Northern Arc has secured $80 million in funding from the International Finance Corporation (IFC), a member of the World Bank Group, in equal halves of debt and equity components.
The capital infusion wil... |