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DEBT | 3 February 2012

Snowman Logistics To Raise $6.5Mn Debt From IFC

by Irfan Khan
Snowman Logistics To Raise $6.5Mn Debt From IFC
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Snowman Logistics is raising $6.5Mn long term debt from IFC for expanding it's storage facilities across the country.

Snowman Logistics has outlayed a capex plan of about $28Mn for expanding it's storage facilities in various locations across India.

ThyssenKrupp Elevator Acquires 25% Stake In Eros Elevators

ThyssenKrupp Elevator Acquires 25% Stake In Eros Elevators

ThyssenKrupp Elevator AG has formed a JV with Mumbai based Eros Elevators & Escalators Private Limited by acquiring 25.1% of its shares through its subsidiary - ThyssenKrupp Elevator India Private Limited.

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Vikram Upadhyaya ropes in Ex- President of PIMCO Japan and WiL; to launch a INR 350 cr VC Fund for Indian startups

Vikram Upadhyaya ropes in Ex- President of PIMCO Japan and WiL; to launch a INR 350 cr VC Fund for Indian startups

Mr. Makoto Takano, ex-President of PIMCO Japan Ltd., the world’s biggest asset management firm, joins Gurgaon-based Green House Ventures (GHV) Accelerator as a Board Member.

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