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Grapevine: Norfund, AIIB eye IndiGrid's new platform; suitors line up for Yes Bank

General

11 July, 2024

Grapevine: Norfund, AIIB eye IndiGrid's new platform; suitors line up for Yes Bank

Norfund and German development finance institution DEG are among the investment firms considering a stake in KKR-backed India Grid Trust’s (IndiGrid) ......

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Apis Partners gets another LP for $500-mn private equity fund

Finance

05 July, 2024

Apis Partners gets another LP for $500-mn private equity fund

Apis Partners, a UK-based private equity firm that backs growth-stage financial services and financial infrastructure businesses, has brought on board ......

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Sustainability-focused GEF Capital nears target for third fund

Finance

02 July, 2024

Sustainability-focused GEF Capital nears target for third fund

Sustainability and climate-focused private equity firm GEF Capital Partners, which is led by Raj Pai and Stuart Barkoff, is nearing the ......

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Exclusive: NeoGrowth backer LeapFrog set to bet on another Indian lender

Finance

24 May, 2024

Exclusive: NeoGrowth backer LeapFrog set to bet on another Indian lender

LeapFrog Investments, a social impact-focused private equity investment firm that offers growth capital to companies operating in Asia and Africa, ......

UK's BII extends timeline for final tranche investment in Mahindra's EV arm

Manufacturing

16 May, 2024

UK's BII extends timeline for final tranche investment in Mahindra's EV arm

Mahindra & Mahindra Ltd said Thursday the company and British International Investment have mutually agreed to extend the timeframe for ......

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BII-owned Globeleq to onboard international investor for Africa project

Infrastructure

13 May, 2024

BII-owned Globeleq to onboard international investor for Africa project

Globeleq Africa Holdings, a UK-based leading independent power producer in Africa that develops, owns, and operates renewable energy plants in ......

UK's BII leads $19 mn round for EV infra startup Charge Zone

TMT

30 April, 2024

UK's BII leads $19 mn round for EV infra startup Charge Zone

Charge Zone, an electric vehicle (EV) charging startup, has raised $19 million (Rs 158 crore) in a funding round from ......

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India Quotient's offshore LP under scanner over reputational risk, weak ESG link

Finance

22 April, 2024

India Quotient's offshore LP under scanner over reputational risk, weak ESG link

An offshore limited partner’s exposure to Bengaluru-based venture capital firm India Quotient is under the scanner after an independent watchdog ......

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VC-backed Aye Finance set to secure $30 mn in fresh capital

Finance

16 April, 2024

VC-backed Aye Finance set to secure $30 mn in fresh capital

Aye Finance, a non-banking finance company (NBFC), is set to raise $30 million (about Rs 250 crore) in fresh capital from ......

BII, LC Nueva-backed Namdev Finvest raises pre-Series C funding

Finance

02 April, 2024

BII, LC Nueva-backed Namdev Finvest raises pre-Series C funding

Namdev Finvest Pvt Ltd, which operates the eponymous non-banking financial company (NBFC), Tuesday said it has raised $19 million (Rs ......