Tag: debt financing
Posted in Startups
Upgrad: Upgrad MD Mayank Kumar steps down as firm eyes $50-60 million raise
October 16, 2024 Leave a Comment on Upgrad: Upgrad MD Mayank Kumar steps down as firm eyes $50-60 million raise
Edtech unicorn Upgrad cofounder and managing director Mayank Kumar has stepped down from his executive role to start a new venture, sources briefed on the…
Posted in Startups
Ola funding: Ola Electric gets $50 million in debt financing from EvolutionX Cap
April 1, 2024 Leave a Comment on Ola funding: Ola Electric gets $50 million in debt financing from EvolutionX Cap
Initial public offering (IPO)-bound electric two-wheeler maker Ola Electric Mobility Ltd has raised Rs 410 crore (about $50 million) through non-convertible debentures from EvolutionX Debt…