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Quona Capital marks final close of second VC fund

Finance

06 March, 2020

Quona Capital marks final close of second VC fund

Quona Capital, a venture capital fund that focuses on the financial services sector in emerging economies including India, said it ......

IFC to make debt investment in poultry firm Suguna

Consumer

05 March, 2020

IFC to make debt investment in poultry firm Suguna

International Finance Corporation (IFC) plans to offer up to $54 million (around Rs 397 crore) in debt to poultry company ......

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How was IFC's partial exit from AU Small Finance Bank?

Finance

28 January, 2020

How was IFC's partial exit from AU Small Finance Bank?

International Finance Corporation (IFC), the private-sector investment arm of the World Bank, has made a partial sale of its stake ......

Reach Capital leads post-Series A funding in upskilling platform Springboard

TMT

18 December, 2019

Reach Capital leads post-Series A funding in upskilling platform Springboard

Ed-tech platform Springboard, which focuses on providing career upskilling solutions for professionals, has raised $11 million (Rs 78 crore at ......

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NephroPlus CEO on selecting Investcorp despite other higher valuation offers and more

Healthcare

29 November, 2019

NephroPlus CEO on selecting Investcorp despite other higher valuation offers and more

Nephrocare Health Services Pvt. Ltd, which operates a chain of dialysis centres under the NephroPlus brand, is a clear leader ......

Grapevine: Varde proposes Altico infusion; Cube Highways wins road auctions

General

21 November, 2019

Grapevine: Varde proposes Altico infusion; Cube Highways wins road auctions

Stressed home financier Altico Capital received a proposal for infusion of Rs 1,000 crore ($139.3 million at current exchange rate) ......

Abu Dhabi's Masdar invests $150 mn in Hero Future Energies

Infrastructure

11 November, 2019

Abu Dhabi's Masdar invests $150 mn in Hero Future Energies

Abu Dhabi Future Energy Company, also known as Masdar, will invest $150 million (Rs 1,073.4 crore at current exchange rate) ......

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How IFC bumped up India exposure as shadow banking crisis worsened

Finance

24 October, 2019

How IFC bumped up India exposure as shadow banking crisis worsened

International Finance Corporation (IFC) increased its annual commitment to India almost four times for the year through June 2019, as ......

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Mahansaria's new tyre venture gets more grip on funding highway

Manufacturing

18 October, 2019

Mahansaria's new tyre venture gets more grip on funding highway

Serial entrepreneur Yogesh Mahansaria, who along with his father Ashok exited Balkrishna Industries Ltd to create Alliance Tire Group with ......

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After selling ATG for over $1 bn, Mahansaria dials old PE backer for new tyre venture

Manufacturing

15 October, 2019

After selling ATG for over $1 bn, Mahansaria dials old PE backer for new tyre venture

Yogesh Mahansaria, who along with his father Ashok exited Balkrishna Industries Ltd to create Alliance Tire Group (ATG) with a ......