IFC
Finance
Sumitomo Mitsui raises $170 mn from offshore investor for Indian NBFC arm
Japanese conglomerate Sumitomo Mitsui Financial Group has raised around $170 million, or Rs 1,425 crore, from an offshore investor for ......
Finance
Africa-focused DPI eyes $4 bn AUM with new PE fund, taps returning LP
Development Partners International, an Africa-focused private equity firm that manages assets and co-investments worth over $3 billion across three investment ......
Finance
Shriram Finance taps offshore investor to raise fresh capital
Shriram Finance Ltd, one of India’s largest non-banking finance companies, is raising as much as $850 million (about Rs 7,285 ......
Infrastructure
UAE conglomerate Al Nowais' arm to get another backer for Egypt solar project
AMEA Power, the clean energy arm of the UAE-based conglomerate Al Nowais Investments, is set to secure an investment commitment ......
Manufacturing
JK Tyre raising $100 mn from offshore investor
The JK Tyre Group, one of India’s leading tyre manufacturers, has tapped a marquee global investor to raise up to ......
Finance
IFC lifts India exposure for second year in a row as local portfolio nears $9 bn
International Finance Corporation (IFC) shored up its India exposure for the second consecutive year through June 2024, as it committed ......
Finance
FlexiLoans taps another investor after getting three new Series C backers
Mumbai-based digital lender FlexiLoans is adding another investor to its cap table, less than three months after raising Series C ......
Infrastructure
TPG-backed Shadowfax swings to operating profit for FY24 as quick commerce booms
Shadowfax Technologies, a logistics startup backed by private equity firm TPG, turned operationally profitable in the last financial year as ......
Finance
How Blackstone's oldest active India portfolio firm is gearing up for growth
A unit of private equity behemoth Blackstone’s oldest active India portfolio company is ramping up its digital services, upgrading its ......
TMT
Peak XV, VEF taking haircut as BlackBuck eyes less than $600 mn valuation in IPO
Venture capital firm Peak XV Partners and Swedish fintech investor VEF are taking a haircut on their investments in BlackBuck ......