International Finance Corporation
Infrastructure
Canadian Solar sells biggest India asset
Canadian Solar Inc. has sold its biggest Indian power plant to a local company, two people privy to the development ......
Manufacturing
Company watch: IFC-backed Laxmi Organic slashes debt to boost bottom line
At a time when several large Indian companies are struggling to repay their loans, Laxmi Organic Industries Ltd has been ......
Finance
IFC to sell nearly half its stake in Bandhan Bank IPO
Bandhan Bank Ltd, India’s first microfinance lender to receive a universal banking licence, has filed its draft prospectus with the ......
Finance
IFC to back Lighthouse's $200 mn third private equity fund
International Finance Corporation and its asset management arm plan to invest a total of $45 million (Rs 290 crore) in ......
People
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 ......
Finance
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 ......
TMT
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) ......
Finance
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 ......
Consumer
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 ......
TMT
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 ......
