Embassy Office Parks REIT, India’s first listed REIT and the largest office REIT in Asia by area, announced that it has successfully raised ₹1,550 crores through a combination of Non-Convertible Debentures (NCDs) and term loan facilities. The proceeds will be used to refinance certain existing debt, resulting in annual interest savings of approximately 113 basis […]
JSW Paints, on Friday, said that it has acquired up to 74.76% stake in Akzo Nobel India from Akzo Nobel N.V. and its affiliates, for a maximum consideration under the Share Purchase Agreement of up to Rs 8,986 crore, subject to certain closing adjustments. The Proposed Transaction is subject to approval from the Competition Commission […]
ShopOS, a startup building an AI-native operating system for e-commerce brands, today announced it has secured a $20 million investment led by Binny Bansal’s 3STATE Ventures. The funding will be used to accelerate platform development, scale its Product & Engineering team, and onboard more brand partners across the globe. For brands, current e-commerce systems are […]