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Leapfrog, Stakeboat-backed microlender Dvara roping in new offshore investor

Finance

20 November, 2023

Leapfrog, Stakeboat-backed microlender Dvara roping in new offshore investor

Chennai-based microlender Dvara Kshetriya Gramin Financial Services Pvt Ltd (Dvara KGFS), which is backed by impact investor Leapfrog and mid-market ......

India, Africa-focused Husk Power raises $103 mn in debt, equity funding

Infrastructure

24 October, 2023

India, Africa-focused Husk Power raises $103 mn in debt, equity funding

Husk Power Systems, an India- and Africa-focused renewable energy company that supplies electricity to rural areas through minigrids, said Tuesday ......

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Arohan, Innoviti backer FMO takes a deep haircut on India debt investment

Infrastructure

19 September, 2023

Arohan, Innoviti backer FMO takes a deep haircut on India debt investment

Dutch development finance institution FMO has taken a deep haircut on one of its debt investments in India, which accounts ......

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Eversource ropes in existing LP for climate-focused NBFC's fundraise

Finance

18 September, 2023

Eversource ropes in existing LP for climate-focused NBFC's fundraise

Climate focussed non-banking financial company (NBFC) Ecofy, promoted by climate impact fund Eversource Capital, is set to raise Rs 45 ......

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Eco.business' climate-focused debt fund aimed at Africa set to get a top-up

Infrastructure

08 August, 2023

Eco.business' climate-focused debt fund aimed at Africa set to get a top-up

Eco.business, a fund aiming to promote businesses contributing to biodiversity conservation in Latin America, Sub-Saharan Africa and the Caribbean, has ......

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Deals Digest: M&A deals hog the limelight as funding activity slows

TMT

04 August, 2023

Deals Digest: M&A deals hog the limelight as funding activity slows

Private equity and venture capital dealmaking slowed this week compared with the week before but there was a notable increase in merger and acquisition activities.  This ......

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Morgan Stanley PE, IFU rope in another co-investor for India food sector deal

Consumer

01 August, 2023

Morgan Stanley PE, IFU rope in another co-investor for India food sector deal

An India-focused infrastructure private equity fund managed by Wall Street giant Morgan Stanley and Denmark’s Investment Fund for Developing Countries ......

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Arohan Financial secures additional funding from offshore backer

Finance

24 July, 2023

Arohan Financial secures additional funding from offshore backer

Microfinance institution Arohan Financial Services, a part of the Aavishkaar-Intellecap Group, has raised $20 million (nearly Rs 163 crore) in ......

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Climate-focused GEF Capital gets a return investment from another LP

Infrastructure

19 July, 2023

Climate-focused GEF Capital gets a return investment from another LP

Private equity firm GEF Capital Partners, which has been investing actively in India’s electric mobility sector, has tapped a returning ......

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Impact investor Ankur Capital taps new LP for third fund

Finance

04 July, 2023

Impact investor Ankur Capital taps new LP for third fund

Mumbai-based impact investor Ankur Capital, which has backed companies such as Rupifi, Agrizy, and Karma Healthcare, has tapped an institutional investor as a ......