GPS Renewables Secures $50 Million in Debt Financing
The company has previously raised $20 million in equity funding from Neev Fund II by SBICap Ventures, Netherlands-based Hivos-Triodos Fund and Hyderabad-based Caspian Impact Investments.GPS Renewables, a leading Indian biofuel company, has secured $50 million (Rs 411.5 crore) in debt financing from a consortium of prominent financial institutions, including public and private sector banks, non-banking