BANKING & FINANCE
UGRO Capital Raises ₹380 Cr From Dutch Bank FMO Through NCD Issue
UGRO Capital Ltd, an MSME-focused DataTech lending platform, has raised ₹380 crore through the issuance of 38,000 senior, secured, rated, listed, redeemable and transferable non-convertible debentures (NCDs) to FMO, the Dutch entrepreneurial development bank. This is FMO’s third investment in UGRO Capital in less than three years. It follows NCD investments of ₹250 crore in […]
CW Bureau
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Sep 16, 2026
MANUFACTURING
Uno Minda Board Approves ₹1,415 Cr Investment For New Plants In 4 Sites
Uno Minda Ltd has approved Detailed Project Reports for setting up four plants at Kharkhoda in Haryana, Hosur, Bengaluru and Chhatrapati Sambhajinagar in Maharashtra. The projects involve a total investment of ₹1,415 crore and will expand the company’s manufacturing capacity across alloy wheels, casting and automotive components. Kharkhoda plant to add alloy wheel capacity The […]
CW Bureau
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Sep 14, 2026
BANKING & FINANCE
Satin Growth Alternatives Invests ₹5 Cr In Woman-Led Indic Wisdom
Satin Growth Alternatives Ltd (SGAL), the youngest subsidiary of Satin Creditcare Network Ltd (SCNL), has made its first investment of ₹5 crore from its Category II Alternative Investment Fund in woman founder-led Indic Wisdom. Indic Wisdom manufactures and distributes traditionally crafted food products, including wood-pressed oils and value-added products made from native Indian oilseeds. First […]
CW Bureau
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Sep 14, 2026
STARTUP/TECHNOLOGY
HCL Infosystems Business Will Contract As Losses Widen In FY26
HCL Infosystems has no ability to invest in new businesses or expand its existing operations, said Chairman Nikhil Sharma. . The loss making company will continue to contract in the foreseeable future as it focuses on supporting legacy contracts and recovering long-overdue customer dues, he said in the latest annual report. Financial support from promoters […]
CW Bureau
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Aug 25, 2026
BANKING & FINANCE
CreditAccess Grameen Raises ₹425 Cr Through NCDs To Support Growth
CreditAccess Grameen Ltd, a rural-focused inclusive financing platform, has raised ₹425 crore through a private placement of non-convertible debentures (NCDs) to strengthen its funding base. The fund raise comprised ₹325 crore of privately placed NCDs arranged by Nuvama Fixed Income Advisory and ₹100 crore of NCDs placed bilaterally with Bajaj Finance Ltd. Strong investor response […]
CW Bureau
·
Jun 29, 2026
