International Finance Corp (IFC), the private investment arm of the World Bank, shined with multiple deals in the week ended August 26. It struck the biggest private equity deal of the week by pumping in $125 million in Hero Group’s renewable energy firm Hero Future Energies. It also participated in Series-C funding round in Hyderabad-based dialysis chain Nephroplus along with SeaLink Capital Partners. Besides, IFC’s joint investment platform with I Squared Capital, Cube Highways & Infrastructure Pte Ltd, acquired an expressway project in Andhra Pradesh.
Here is a quick snap-shot of all the deals that happened in the week.
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