{"id":8859,"date":"2017-01-13T15:53:15","date_gmt":"2017-01-13T10:23:15","guid":{"rendered":"https:\/\/www.squareyards.com\/blog\/?p=8859"},"modified":"2023-02-10T13:07:44","modified_gmt":"2023-02-10T07:37:44","slug":"square-yards-raises-10m-in-convertible-notes-from-multiple-investors","status":"publish","type":"post","link":"https:\/\/www.squareyards.com\/blog\/square-yards-raises-10m-in-convertible-notes-from-multiple-investors","title":{"rendered":"Square Yards raises $10M in convertible notes from multiple investors"},"content":{"rendered":"<p>According to Tanuj Shori, Founder and CEO, <span class=\"profiles_highlight\">Square Yards<\/span>, he wanted to maintain a healthy mix in their balance sheet without diluting too much of equity at this stage of growth. The notes are issued for a fixed term at a pre-determined coupon rate and with an option to convert into equity (at a discount) on reaching the next funding milestone.<\/p>\n<p>Complete coverage are as follows:<\/p>\n<p>http:\/\/www.business-standard.com\/article\/news-ani\/square-yards-raises-usd-10-million-from-multiple-investors-to-accelerate-expansion-into-international-geographies-117011200357_1.html<\/p>\n<p>https:\/\/yourstory.com\/2017\/01\/square-yards-funding-2\/<\/p>\n<p>https:\/\/www.nextbigwhat.com\/story\/real-estate-advisory-startup-square-yards-raises-10m-in-funding\/<\/p>\n<p>http:\/\/www.moneycontrol.com\/news\/sme\/square-yards-raises-additional-3610-millioninvestors_8262561.html<\/p>\n","protected":false},"excerpt":{"rendered":"<p>According to Tanuj Shori, Founder and CEO, Square Yards, he wanted to maintain a healthy mix in their balance sheet without diluting too much of equity at this stage of growth. The notes are issued for a fixed term at a pre-determined coupon rate and with an option to convert into equity (at a discount) [&hellip;]<\/p>\n","protected":false},"author":7,"featured_media":9900,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[234],"acf":[],"_links":{"self":[{"href":"https:\/\/www.squareyards.com\/blog\/wp-json\/wp\/v2\/posts\/8859"}],"collection":[{"href":"https:\/\/www.squareyards.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.squareyards.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.squareyards.com\/blog\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/www.squareyards.com\/blog\/wp-json\/wp\/v2\/comments?post=8859"}],"version-history":[{"count":1,"href":"https:\/\/www.squareyards.com\/blog\/wp-json\/wp\/v2\/posts\/8859\/revisions"}],"predecessor-version":[{"id":9977,"href":"https:\/\/www.squareyards.com\/blog\/wp-json\/wp\/v2\/posts\/8859\/revisions\/9977"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.squareyards.com\/blog\/wp-json\/wp\/v2\/media\/9900"}],"wp:attachment":[{"href":"https:\/\/www.squareyards.com\/blog\/wp-json\/wp\/v2\/media?parent=8859"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.squareyards.com\/blog\/wp-json\/wp\/v2\/categories?post=8859"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}