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International Finance Corporation

Flipkart's Binny Bansal steps down from BlackBuck's board

People

04 December, 2017

Flipkart's Binny Bansal steps down from BlackBuck's board

Binny Bansal, the chief executive of homegrown e-commerce major Flipkart, has stepped down as director from the board of logistics ......

IFC plans to invest in Cholamandalam Investment's masala bonds

Finance

29 November, 2017

IFC plans to invest in Cholamandalam Investment's masala bonds

International Finance Corporation is looking to invest up to Rs 480 crore ($75 million) in non-banking finance company Cholamandalam Investment ......

Logistics startup BlackBuck gets $7.69 mn venture debt from InnoVen

TMT

18 October, 2017

Logistics startup BlackBuck gets $7.69 mn venture debt from InnoVen

Tiger Global-backed Zinka Logistics Solutions Pvt. Ltd, which operates business-to-business logistics startup BlackBuck, has raised Rs 50 crore ($7.69 million) ......

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IFC ups India exposure with highest net addition in FY17

Finance

09 October, 2017

IFC ups India exposure with highest net addition in FY17

International Finance Corporation increased its investment commitments to India by 12% in the year through June 2017, as it backed ......

IFC likely to invest in Nexus Venture-backed organic food firm Agrex

Consumer

19 September, 2017

IFC likely to invest in Nexus Venture-backed organic food firm Agrex

International Finance Corporation, the private-sector investment arm of the World Bank, is planning to invest up to $25 million (around ......

Power2SME secures Series E funding from existing investors

TMT

19 September, 2017

Power2SME secures Series E funding from existing investors

Power2SME, an online buying hub for small and medium enterprises, has raised an additional $26 million (Rs 166 crore) in ......

IFC to invest $50 mn in Mahindra Lifespace projects

Infrastructure

19 September, 2017

IFC to invest $50 mn in Mahindra Lifespace projects

International Finance Corporation plans to invest about $50 million (Rs 321 crore) to help Mahindra Lifespace Developers Ltd set up ......

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CreditAccess-backed microlender Grameen Koota readying for IPO

Finance

12 September, 2017

CreditAccess-backed microlender Grameen Koota readying for IPO

Bengaluru-based microfinance firm Grameen Koota Financial Services Pvt. Ltd is readying for an initial public offering, two persons familiar with ......

There is space for multiple players in B2B commerce: Power2SME's Narayan

TMT

07 September, 2017

There is space for multiple players in B2B commerce: Power2SME's Narayan

Business-to-business marketplaces such as Power2SME, Moglix and Industrybuying have attracted a lot of investor interest lately. Most recently, Gurgaon-based BEBB ......

IFC likely to invest $20 mn in organic food exporter Suminter

Consumer

04 September, 2017

IFC likely to invest $20 mn in organic food exporter Suminter

International Finance Corporation, the private-sector investment arm of the World Bank, is planning to invest up to $20 million (Rs ......