Tag: NCD

Digital lending firm Zen Lefin raises Rs 17 cr from IFMR

Bengaluru: Digital lending company for small business Zen Lefin, known by its trade name Capital Float, has raised Rs 17 crore from IFMR Capital Finance and its alternative investment fund by allotting nonconvertible debentures (NCDs), bringing the company’s total capital raised through the route…

Mahindra Finance to raise Rs 1000 cr from NCDs

Mahindra Finance said it will raise Rs 1,000 crore through retail bond sale. The public issue of thecthe first from the company, will open on May 25 and closes on June 10, said the NBFC from the Mahindra group. Mahindra Finance Vice Chairman and Managing Director Ramesh G Iyer said it is their ma…