Category: BFSI

Cube Highways Trust Secures ₹1030 Crore Funding from IFC through Long-Term Listed NCDs.

Vijay Raman

Cube-Highways-Trust-Logo.pdf Cube Highways Trust (Cube InvIT) [BSE/NSE: CUBEINVIT], managed by Cube Highways Fund Advisors Pvt. Ltd., successfully secured ₹1,030 crore through long-term listed non-convertible debentures (NCDs) from the International Finance Corporation (IFC). The transaction was finalized on June 28, 2023. The funds raised through this deal will be utilized for a Special Purpose Vehicle (SPV) owned by Cube Highways Trust. Cube Highways Trust has a diversified portfolio of 18 toll and annuity road assets with an aggregate length of 1,423.60 kilometres. These road assets are located across 11 states, including…

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REZO eyes deeper penetration in West India through its path-breaking Collection Product for NBFCs & BFSI

Vijay Raman

●        Rezo.ai ‘Collection Product’ enables NBFCs to recover loans more efficiently ●        Respite for borrowers as they no longer receive any unruly/harassment ●        Rezo’s Auto-Engage Product offers AI-driven human-like conversations with the ability to handle more than 10 languages and over 500 dialects.   In the wake of rising default and NPAs among NBFCs, REZO launched its ‘Collection Product’ specially designed for the NBFC sector and is now planning expansion in Western India markets. The expansion plan is based on the success of the company's unique offering which has received…

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