Omaxe Group has secured Rs 500 crore from Oaktree Capital Management to boost its ongoing projects and facilitate future expansion. This funding will expedite the completion of residential, commercial, and PPP ventures. Additionally, Omaxe raised Rs 431 crore through debentures for business growth, having already reduced its net debt significantly in the past two years.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets