Spiro Secures $50M Debt Financing to Expand Battery‑Swapping Network Across Africa
African electric‑mobility firm Spiro announced it has secured $50 million in debt financing from Afreximbank, Nithio and Africa Go Green Fund to scale its battery‑swapping stations across Kenya, Uganda, Rwanda, Nigeria, Benin and Togo. The funding will support the rollout of its electric motorcycle network and infrastructure on the continent.
Ixigo Acquires 60% Stake in Spanish Train Booking Platform Trenes for ₹125 Crore
Online travel portal ixigo announced the acquisition of a 60% stake in Online Travel Solutions S.L., the operator of Spain’s Trenes platform, for approximately ₹125 crore. The deal marks ixigo’s first overseas acquisition and will make Online Travel Solutions a step‑down...
Brandman Retail Lists on NSE, Shares Close 5% Above IPO Price
Brandman Retail, operator of the Sneakrz athleisure retail chain, debuted on the NSE at a valuation of ₹324.85 crore, with shares closing at ₹211.80, 4.98% above the IPO price of ₹176. The company raised ₹86 crore from the public issue to fund...