IFC
Finance
Phi Capital taps returning European limited partner for new PE fund
Private equity firm Phi Capital is bringing on board a European institutional investor, who backed its maiden fund, as a ......
Finance
IFC appoints former Jordanian minister as South Asia regional director
International Finance Corporation (IFC), the private-sector investment arm of the World Bank Group, has appointed a former Jordanian cabinet minister ......
General
Mauritian investor Adenia gets returning LP for latest Africa-focussed vehicle
Mauritius-based private equity firm Adenia Partners, a backer of nearly 30 companies across the African continent including names like Orange, ......
TMT
Heavyweight investors' bets go underwater as Byju's valuation slumps to $1 bn
Some of the world’s biggest private equity firms, asset managers, pension funds and sovereign wealth funds are now sitting on ......
General
Hong Kong-based ADM Capital set to get LP commitment for fund with India mandate
Asian investor ADM Capital (Asia Debt Management Hong Kong Ltd) is in the process of tapping a limited partner for ......
Finance
Tata Capital taps offshore investor to ramp up microfinance business
Mumbai-based Tata Capital Ltd, the financial services arm of the $140 billion Tata Group, is raising fresh capital from an overseas investor ......
Manufacturing
Vietnamese fibreboard producer Kim Tin set to get offshore investor
KES Group Corporation, the largest Vietnamese producer of engineered wood panels and part of Kim Tin Group, is close to ......
General
Grapevine: Quadria Capital sets sight on PE-backed dialysis chain; WizFreight raises funding
Asia healthcare-focussed private equity firm Quadria Capital, which has backed names like Maxivision Eye Hospitals, MediBuddy, Nobel Hygiene and Concord ......
Finance
Shriram Finance raising $500 mn via offshore vehicle, gets anchor investor
Non-bank financial company Shriram Finance Ltd is raising as much as $500 million (Rs 4,170 crore) through an offshore vehicle will help ......
TMT
Bottomline: Accel-backed Power2SME's FY23 revenue rises, but at a cost
Business-to-business industrials marketplace Power2SME’s topline grew in the financial year through March 2023 even as its net loss increased slightly, ......