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Company watch: IFC-backed Laxmi Organic slashes debt to boost bottom line

Manufacturing

02 January, 2018

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 ......

IFC to sell nearly half its stake in Bandhan Bank IPO

Finance

02 January, 2018

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 ......

Mitsubishi-led group to buy 20% stake in Cube Highways

Infrastructure

28 December, 2017

Mitsubishi-led group to buy 20% stake in Cube Highways

Singapore-based Cube Highways and Infrastructure Pte Ltd has agreed to sell a 20% stake to a consortium led by Japan’s ......

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How was WestBridge Capital's fourth exit of the year?

Infrastructure

20 December, 2017

How was WestBridge Capital's fourth exit of the year?

Public markets-focussed private equity firm WestBridge Capital Partners has clocked the fourth full exit from its portfolio this year, taking ......

IFC to invest $10 mn in online insurance broker Coverfox

TMT

19 December, 2017

IFC to invest $10 mn in online insurance broker Coverfox

International Finance Corporation is set to invest up to $10 million (Rs 64 crore) in online insurance broker Coverfox, the ......

IFC to back Lighthouse's $200 mn third private equity fund

Finance

11 December, 2017

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 ......

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 ......

Home healthcare firm Portea raises $26 mn in Series C round

TMT

21 November, 2017

Home healthcare firm Portea raises $26 mn in Series C round

Health Vista India Pvt. Ltd, which provides home healthcare services under the Portea Medical brand, has raised $26 million (Rs ......

IFC, HDFC join hands for $800 mn affordable housing fund

Infrastructure

17 November, 2017

IFC, HDFC join hands for $800 mn affordable housing fund

International Finance Corporation, the private-sector investment arm of the World Bank, has teamed up with mortgage lender HDFC to create ......

IFC to back Delhi-based developer Ashiana Housing

Infrastructure

07 November, 2017

IFC to back Delhi-based developer Ashiana Housing

International Finance Corporation, the investment arm of World Bank, has agreed to invest $41 million (Rs 266.6 crore) in projects ......