Bank of India
Bank of India, established in 1906 and headquartered in Mumbai, is a nationalized commercial bank that offers a wide range of banking products and services across various segments, including Treasury Operations, Wholesale Banking, and Retail Banking. The bank accepts various deposit types such as savings, current, and term deposits, and provides numerous loan options, including home, education, vehicle, and personal loans, as well as specialized loans for corporate and micro, small, and medium enterprises (MSMEs). Additionally, Bank of India offers services like cash management, trade finance, online share trading, insurance products, and mutual fund offerings. It also provides support to rural customers through various financial products. With a robust network, the bank operates over 5,000 branches in India and maintains a presence in key international trade centers through its branches and representative offices.
Africa Finance
Debt Financing in 2024
Africa Finance Corporation, established in 2007 and headquartered in Nigeria, is a multilateral development financial institution focused on addressing infrastructure financing needs across Africa. The organization provides a range of services, including debt, equity, project development, financial advisory, and treasury management, aimed at fostering sustainable economic growth. Africa Finance Corporation invests in high-quality infrastructure assets within key sectors such as power, natural resources, heavy industry, transport, and telecommunications. By targeting essential services in these core areas, the institution plays a critical role in promoting infrastructure development across the continent.
Open Network For Digital Commerce
Corporate Round in 2022
Open Network Digital Commerce is a provider of an open network designed to enhance e-commerce participation across various demographics. It operates under a framework established by the Department for Promotion of Industry and Internal Trade, focusing on open-source methodologies and specifications. The network facilitates transactions among diverse stakeholders, including buyers, sellers, technology service providers, and payment gateways. Covering a wide range of categories such as food, fashion, home goods, electronics, beauty, and personal care, it aims to foster inclusion among sellers of all sizes and types. By promoting scalable and cost-effective e-commerce solutions, Open Network Digital Commerce seeks to significantly increase e-commerce penetration in the market.
REC Limited is a public financial institution based in New Delhi, India, specializing in financing services for the power sector. Established in 1969, the company provides a range of loans, including long-term, medium-term, and short-term financing, to various entities such as state electricity boards, government power utilities, independent power producers, and rural electric cooperatives. REC also plays a crucial role as a nodal agency in implementing key government initiatives aimed at universal household electrification and improving power distribution. In addition to its financing activities, the company offers consultancy services related to transmission and distribution, and it coordinates competitive bidding processes for transmission service providers. REC Limited was previously known as Rural Electrification Corporation Limited before rebranding in October 2018. It operates through an extensive network of offices across India, serving both public and private sector utilities.
Bevendee
Debt Financing in 2016
bevendee is a prominent e-commerce operator based in Ranchi, Jharkhand, specializing in online retailing of Electronic Appliances and White Goods in Eastern India. The firm utilizes a unique strategy of district-level clusters and micro-warehouses to reduce delivery lead times and improve customer retention rates. By cross-referencing warehouses with targeted ad campaigns, bevendee effectively manages inventory levels. Operating two specific websites and fulfilling orders from third-party platforms, bevendee currently maintains 4 micro-warehouses, 2 fulfilment centers, and 2 corporate offices to streamline inventory management and post-sales service delivery. Established in 2015, bevendee is the operational unit of Surya Bharti Electronics Private Limited.
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