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International Finance Corporation

Former MakeMyTrip execs' travel-tech startup RedDoorz gets Series C cheque

TMT

19 August, 2019

Former MakeMyTrip execs' travel-tech startup RedDoorz gets Series C cheque

Singapore-based budget hotel accommodation firm RedDoorz has raised $70 million (approximately Rs 499.45 crore at current exchange rates) in its ......

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Warburg-backed CleanMax's founder on growth plan, policy woes and more

Infrastructure

19 August, 2019

Warburg-backed CleanMax's founder on growth plan, policy woes and more

Earlier this year, CleanMax Enviro Energy Solutions Pvt. Ltd raised Rs 275 crore from UK Climate Investments LLP to expand ......

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I Squared Capital-IFC's roads platform strikes another deal in India

Infrastructure

16 August, 2019

I Squared Capital-IFC's roads platform strikes another deal in India

Cube Highways and Infrastructure Pte. Ltd, the roads platform of private equity firm I Squared Capital and International Finance Corporation, ......

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Can leadership change help CDPQ-backed Azure Power battle weak stock, low tariffs?

Infrastructure

01 August, 2019

Can leadership change help CDPQ-backed Azure Power battle weak stock, low tariffs?

Last month, Azure Power Global Ltd made top-level changes after its founder stepped down as the chief executive. The changes ......

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Blackstone's Tac Opps unit strikes second India deal within two years

Consumer

30 July, 2019

Blackstone's Tac Opps unit strikes second India deal within two years

Blackstone Group Inc. has made a rare bet on an Indian consumer-focussed company as it struck its second deal in ......

IFC-backed Angel Broking gets IPO approval after settling case with SEBI

Finance

29 July, 2019

IFC-backed Angel Broking gets IPO approval after settling case with SEBI

Stock, commodity and currency broking services company Angel Broking Ltd has received regulatory approval to float an initial public offering ......

Carlyle-backed PNB Housing Finance raises $100 mn from IFC

Finance

29 July, 2019

Carlyle-backed PNB Housing Finance raises $100 mn from IFC

PNB Housing Finance Ltd said on Monday it has raised $100 million (Rs 690 crore) from International Finance Corporation for ......

Grapevine: ShopClues swings axe on 50% staff; IFC, others mull Azure Power stake sale

General

19 July, 2019

Grapevine: ShopClues swings axe on 50% staff; IFC, others mull Azure Power stake sale

Gurugram-based online retailer ShopClues has let go about 50% of its workforce, downsizing from about 400 to around 200 employees, ......

IFC offers $150 mn in debt funding to RBL Bank

Finance

10 July, 2019

IFC offers $150 mn in debt funding to RBL Bank

International Finance Corporation will provide $150 million (Rs 1,028 crore) in the form of a five-year senior loan to private-sector ......

IFC leads $550-mn investment round in L&T Finance

Finance

04 July, 2019

IFC leads $550-mn investment round in L&T Finance

International Finance Corporation has led a $550 million (Rs 3,769 crore) investment round in L&T Finance Ltd, a wholly owned ......