Mumbai, February 18 Micro lender Annapurna Finance announced on Wednesday that it has raised USD 100 million through a syndicated multi-currency social loan facility.
The facility is denominated in US dollars and Japanese yen, and Standard Chartered Bank acted as the sole mandated lead arranger, underwriter, and book-runner, according to a statement.
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* Kotak Alts invests Rs 40 cr in Zeroharm Sciences
Kotak Alts announced on Wednesday a Rs 40 crore investment in Zeroharm Sciences, which the nutraceutical company will use for expansion and branding.
The company, founded in 2020, is a plant-based nutraceutical D2C brand with fully integrated in-house capabilities across extraction, formulation R&D, and manufacturing, according to a statement.
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* Axis Bank, IndiGo launch co-branded credit cards
Private sector lender Axis Bank and largest carrier IndiGo launched a co-branded credit card on Wednesday.
Launched in two versions catering to retail and affluent segments, the cards will be available on the Rupay and Visa networks, according to a statement.