India Debt Shines, Exhilway Global Invests US $4 Million in IndiDebt.com

NEW DELHI, June 9, 2014 /PRNewswire/ --

Exhilway Global, the foremost asset management firm with over US $3 billion of assets under management, has invested US $4 million or INR 25 crore in IndiDebt.com, a yet to be launched debt funding platform.

The portal will countenance Indian companies to directly raise debt from the foreign accredited and non-accredited investors via issuance of convertible debt bonds. The Indian companies can raise INR 1-1000 crores (US$170,000 - US$170 million) on the platform without investing much of its resources in finding the right investors. The platform is the first to operate on a much bigger scale as matched to several of its competitors worldwide. The platform is expected to go live next month.

The platform will operate much like a peer-to-peer (P2P) lending, but will be managed directly by Exhilway Global without much meddling from the investors. IndiDebt.com will allow investments from a minimum of US $500 to the maximum of US $200,000 on the platform per investor.

The investment deals will be directly sourced by Exhilway Global from the open markets on the basis of comprehensive due diligence and in-depth analysis of the business plan. Only the companies with sound assets or business ideas will be eligible for the fund raising on the platform.

The nearest competitors to the platform lack personal immersion with the investors as they expect investors to carefully choose the investment opportunities they wish to invest in, otherwise the self-assessment of risk may prove lethal. However, IndiDebt.com on the other hand will assure investors of principal security and payment of agreed interest rate along with the timely exit from the investments. IndiDebt.com will cater to a maximum of 5 clients per year, irrespective of their business sector and ticket size.

Narayan Sen, a 27-year-old Indian and currently a technology student in New Zealand, is the brains behind the idea. Sen is bullish on conceivable structural changes in India under the leadership of dynamic Prime Minister (PM) Narendra Modi. Exhilway took two years before investing in the venture which was originally a mobile app based investment platform. Sen will maneuver and implement the technologies behind the venture and Exhilway will manage the core investment business.

The investors worldwide are bullish on India as they expect PM Narendra Modi to bring much prerequisite changes in India.

Reacting to the email questionnaire, Narayan Sen, Founder of IndiDebt.com said, "We are delighted to be funded by Exhilway. Our idea was well supported and we will continue to develop cutting-edge technologies to support the growth of IndiDebt.com. We wish luck to PM Narendra Modi and we expect to see a developed India by 2020."

The Asian arm of Exhilway Global will also launch an alternative trading platform called ExhilwayLink.com, inviting investors and the companies from around the globe. ExhilwayLink.com will also extend services to other private equity players looking for an exit in their portfolio companies.

For more information, visit www.exhilway.com.

Primary Media Contact: Robin M. Armstrong, [email protected], +13022612008, Media Representative

Secondary Media Contact: Rajiv Khandelwal, [email protected], +91-120-4804938, Media Representative