financing

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    India's EV Transition Gains Momentum with Astranova's Investment

    New Delhi, April 9 – Electric vehicle financing platform Astranova Mobility has raised ₹60 crore in a funding round led by IvyCap Ventures, the company said on Thursday.The round also saw participation from existing investors – Asian Development Bank and Advantedge Founders. It also witnessed...
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    Mesabi Metallics Secures $150M for Minnesota Iron Ore Project

    New Delhi, April 6 Mesabi Metallics Company LLC, a company within the Essar Group, has secured USD 150 million in financing from Macquarie Group to support the planned third-quarter 2026 startup of its Direct Reduction (DR) grade iron ore mine and pellet plant in Minnesota.This latest funding...
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    Renewable Energy Investment: Resolven Optimizes Telangana & Karnataka Assets

    New Delhi, April 2 Renewable energy platform Resolven announced on Thursday that it has secured refinancing of ₹450 crore for its 136-MWp operational portfolio across Telangana and Karnataka.The refinancing, undertaken with NIIF Infrastructure Finance Limited (NIIF IFL), will reduce financing...
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    ADB to Invest $10 Billion in Pakistan Over Next 5 Years

    Islamabad, March 19 The Asian Development Bank (ADB) is expected to provide approximately USD 10 billion in financing to Pakistan over the next five years, according to a media report on Thursday.The Manila-based lending agency said the facility is part of its 2026-30 Country Partnership...
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    Progcap's ProgShakti Facilitates ₹10,000 Cr in Collateral-Free Loans for Women Entrepreneurs

    Mumbai, March 8 Progcap, a fintech company focused on MSMEs, said on Sunday that its ProgShakti initiative has enabled over ₹10,000 crore in credit to women entrepreneurs since its launch in March last year, offering collateral-free loans of up to ₹10 lakh. The initiative aims to provide...
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    L&T Finance Launches ‘Spoorthi’ Program for Women Entrepreneurs

    New Delhi, March 5 NBFC firm L&T Finance Ltd (LTF) announced on Thursday the launch of Spoorthi, a specialized program designed to empower women entrepreneurs by facilitating financing for the purchase of residential property or providing loans against property (LAP) for business expansion and...
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    India and AIIB Discuss Partnership Expansion

    Union Finance Minister Nirmala Sitharaman met with the new President of the Asian Infrastructure Investment Bank (AIIB), Zou Jiayi, in New Delhi today. During the meeting, both sides discussed strengthening the partnership between India and AIIB. In a social media post, the Ministry of Finance...
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