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upGrad raises funding from IFC and IIFL, turns unicorn

TMT

09 August, 2021

upGrad raises funding from IFC and IIFL, turns unicorn

Ronnie Screwvala’s UpGrad Education, which focuses on higher education and imparting specialist skills to older Indians, raised funding from investors ......

Blackstone, IFC backed Fino Payments Bank files draft papers for IPO

TMT

02 August, 2021

Blackstone, IFC backed Fino Payments Bank files draft papers for IPO

Blackstone Group and World Bank arm International Finance Corporation (IFC) backed Fino Payments Bank has filed draft papers with the ......

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CDPQ, Piramal backed credit platform logs out of supply chain firm

Finance

15 July, 2021

CDPQ, Piramal backed credit platform logs out of supply chain firm

The $300 million credit platform announced last February by Caisse de dépôt et placement du Québec (CDPQ) and Piramal Asset ......

Edtech firm upGrad sets aside $250 mn for shopping

TMT

07 July, 2021

Edtech firm upGrad sets aside $250 mn for shopping

Mumbai headquartered edtech platform upGrad has earmarked $250 million for M&A (mergers and acquisition) deals over the next 7-9 months.    “We ......

World Bank's International Finance Corporation to invest in HDFC

Finance

05 July, 2021

World Bank's International Finance Corporation to invest in HDFC

World Bank's International Finance Corporation (IFC) will make a debt investment of up to $250 million (approximately Rs 186 crore) ......

IFC, associate entities to invest Rs 916 crore in Federal Bank

Finance

17 June, 2021

IFC, associate entities to invest Rs 916 crore in Federal Bank

World Bank investment arm International Finance Corporation (IFC) and two associate entities will invest Rs 916 crore ($124 million at ......

Dodla Dairy raises $21.3 mn from World Bank's IFC, others

Consumer

16 June, 2021

Dodla Dairy raises $21.3 mn from World Bank's IFC, others

Dairy company Dodla Dairy Ltd said it raised Rs 156.05 crore ($21.3 million) ahead of its proposed initial public offering ......

World Bank's IFC to make a loan to Dutch lender Rabobank

Finance

31 May, 2021

World Bank's IFC to make a loan to Dutch lender Rabobank

The World Bank’s International Finance Corporation (IFC) has proposed a loan of up to $50 million (Rs 354 crore) for ......

International Finance Corporation to invest in GEF Capital's India-focused clean energy fund

Infrastructure

21 May, 2021

International Finance Corporation to invest in GEF Capital's India-focused clean energy fund

The World Bank’s International Finance Corporation (IFC) has said that it is committing an equity investment of up to $15 ......

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Arcil backer Avenue Capital raises commitments for new Asia focused fund

Finance

18 May, 2021

Arcil backer Avenue Capital raises commitments for new Asia focused fund

New York-based investment firm Avenue Capital Group, an investor in Asset Reconstruction Company (India) Ltd or Arcil, is raising its ......