Tag: debt repayment

Pharmeasy founder says failure to deleverage was key reason for debt saga
Posted in Startups

Pharmeasy founder says failure to deleverage was key reason for debt saga

Siddharth Shah, cofounder and vice chairman of API Holdings, the parent company of PharmEasy and Thyrocare, on Tuesday said the company’s biggest mistake was not…

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Zetwerk files updated IPO draft papers to raise Rs 2,600 crore
Posted in Startups

Zetwerk files updated IPO draft papers to raise Rs 2,600 crore

Contract manufacturing startup Zetwerk has filed the updated draft red herring prospectus (UDRHP) with Sebi (Securities and Exchange Board of India) on Thursday for its…

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Ola Electric reallocates IPO proceeds again, diverts Rs 575 crore from R&D to debt, growth
Posted in Startups

Ola Electric reallocates IPO proceeds again, diverts Rs 575 crore from R&D to debt, growth

Beleaguered electric two-wheeler maker Ola Electric Mobility Limited has made a fresh revision in the utilisation of its Rs 5,500 crore initial public offering (IPO)…

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