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Accion, Leapfrog minting money from India bet but IFC sitting on a loss

Finance

12 September, 2024

Accion, Leapfrog minting money from India bet but IFC sitting on a loss

Global impact investors Accion and Leapfrog Investments are making multi-bagger returns on their investment in an Indian non-bank lender but ......

Drip Capital raises $113 mn in a mix of equity and debt

Finance

05 September, 2024

Drip Capital raises $113 mn in a mix of equity and debt

Accel-backed Drip Capital, a digital cross-border trade finance platform for small and medium businesses (SMBs), has raised $23 million in ......

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Moglix backer Jungle Ventures taps returning LP for fifth fund

Finance

05 September, 2024

Moglix backer Jungle Ventures taps returning LP for fifth fund

Southeast Asia- and India-focused venture capital firm Jungle Ventures is set to secure a commitment from a returning limited partner ......

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LeapFrog taps another LP after increasing corpus for latest climate fund

Finance

27 August, 2024

LeapFrog taps another LP after increasing corpus for latest climate fund

Temasek-backed LeapFrog Investments, a global sustainability-focussed impact investment firm, has roped in a returning limited partner for its climate transition ......

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Orion Capital Asia taps foreign investor for latest fund with India mandate

Finance

20 August, 2024

Orion Capital Asia taps foreign investor for latest fund with India mandate

Singapore-based Orion Capital Asia has tapped an international investor as a limited partner for its latest credit fund that has ......

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Multiples PE-backed Vastu Housing adding another investor to cap table

Finance

16 August, 2024

Multiples PE-backed Vastu Housing adding another investor to cap table

Vastu Housing Finance Corp Ltd, the mortgage lender that counts a bunch of private equity and venture capital firms as ......

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Grapevine: Zepto set to raise fresh funds; Flipkart-backed Shadowfax mulls IPO

General

12 August, 2024

Grapevine: Zepto set to raise fresh funds; Flipkart-backed Shadowfax mulls IPO

Zepto is set to raise $310 million (about Rs 2500 crore), boosting its valuation to $5 billion—a 40% increase from its ......

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PE-backed Everest Fleet raising Series C funding, taps new investor

Infrastructure

05 August, 2024

PE-backed Everest Fleet raising Series C funding, taps new investor

Mumbai-based fleet management company Everest Fleet Pvt Ltd is raising Series C funding and bringing on board a marquee offshore investor, ......

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ADIA-backed HDFC Capital raising new $1-bn fund, taps offshore LP

Infrastructure

01 August, 2024

ADIA-backed HDFC Capital raising new $1-bn fund, taps offshore LP

HDFC Capital Advisors Ltd, the real estate private equity arm of HDFC Group, aims to raise as much as $1 ......

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Bottomline: PremjiInvest-backed Mintifi shines in FY24 as profit, AUM jump

Finance

16 July, 2024

Bottomline: PremjiInvest-backed Mintifi shines in FY24 as profit, AUM jump

Supply-chain financing startup Mintifi recorded a surge in its profit for the year through March 2024 as it expanded its ......