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IFC plans to invest $50 mn in Encore ARC

Finance

09 May, 2018

IFC plans to invest $50 mn in Encore ARC

International Finance Corporation plans to invest up to Rs 325 crore (around $50 million) in Gurugram-based Encore Asset Reconstruction Company ......

Arohan Financial to get $20 mn in debt funding from IFC

Finance

08 May, 2018

Arohan Financial to get $20 mn in debt funding from IFC

International Finance Corporation (IFC) plans to invest about Rs 130 crore ($20 million) in Kolkata-based Arohan Financial Services Pvt. Ltd ......

IFC to invest more in WestBridge-backed Aptus Value Housing

Finance

03 May, 2018

IFC to invest more in WestBridge-backed Aptus Value Housing

International Finance Corporation plans to invest $15 million (Rs 100 crore) in Aptus Value Housing Finance India Ltd, doubling its ......

Facebook co-founder's VC firm, others back B2B startup Bizongo in $22 mn round

TMT

02 May, 2018

Facebook co-founder's VC firm, others back B2B startup Bizongo in $22 mn round

Bizongo, a business-to-business (B2B) marketplace for packaging materials, has raised $22 million (Rs 146.7 crore) in a Series B round ......

IFC set to back EV fleet operator Lithium Urban Technologies

TMT

30 April, 2018

IFC set to back EV fleet operator Lithium Urban Technologies

International Finance Corporation, the private-sector investment arm of the World Bank, is looking to invest up to $8 million (Rs ......

IFC, others complete Series C round in online insurance broker Coverfox

TMT

19 April, 2018

IFC, others complete Series C round in online insurance broker Coverfox

Online insurance platform Coverfox has completed its $22-million (Rs 144 crore) Series C funding round, which was led by International ......

IFC plans $30 mn debt investment in Craftsman Automation

Manufacturing

16 April, 2018

IFC plans $30 mn debt investment in Craftsman Automation

International Finance Corporation, the private-sector investment arm of the World Bank, is planning to back Coimbatore-based precision automobile and industrial ......

Troubled PE firm Abraaj hires Deloitte to review business, healthcare fund

Finance

16 April, 2018

Troubled PE firm Abraaj hires Deloitte to review business, healthcare fund

Abraaj has hired Deloitte to examine its business, including its troubled $1 billion healthcare fund, after investors questioned an earlier ......

Premium
IFC-backed Angel Broking explores fundraising options, including IPO

Finance

10 April, 2018

IFC-backed Angel Broking explores fundraising options, including IPO

Stockbroking and wealth management firm Angel Broking Pvt. Ltd is weighing various fundraising options, including a listing on the stock ......

IFC to back Nandan Nilekani, Helion co-founder Aggarwal's Fundamentum fund

Finance

30 March, 2018

IFC to back Nandan Nilekani, Helion co-founder Aggarwal's Fundamentum fund

International Finance Corporation plans to back the investment fund floated by Infosys Ltd co-founder Nandan Nilekani and Helion Ventures co-founder ......