Dugar Finance raises $18 million in Swiss-led debt financing

Ramesh Dugar, Founder and Managing Director, Dugar Finance MSME lender Dugar Finance & Investments Limited has raised $18 million (₹160 crore) in a debt financing round led by Switzerland-based impact investor Symbiotics. The capital will enable Dugar Finance to enter new geographies, deepen distribution in underserved regional markets and further strengthen its analytics-based lending and […]

Torrent Pharma plans to sell bonds worth Rs 14,000 crore for JB Chemicals acquisition

Mumbai: Torrent Pharmaceuticals is preparing a ₹14,000 crore bond sale to fund its bid for JB Chemicals & Pharmaceuticals, people familiar with the matter told ET. This is one of the largest sponsor-funded financings in the Indian pharmaceutical sector this year. Ahmedabad-based Torrent is in talks with HSBC, Standard Chartered Bank and Barclays for the […]