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IFC to make $20 mn debt investment in RGVN North East Microfinance

Finance

30 March, 2017

IFC to make $20 mn debt investment in RGVN North East Microfinance

International Finance Corporation has proposed to make a debt investment of up to $20 million (about 130 crore) in Guwahati, ......

Accel Partners invests in pi Ventures' maiden VC fund

Others

23 March, 2017

Accel Partners invests in pi Ventures' maiden VC fund

Venture capital firm Accel Partners has invested an undisclosed amount in early-stage venture fund pi Ventures, a leading financial daily ......

Pi Ventures hits first close of maiden fund; MakeMyTrip, Flipkart co-founders invest

General

07 March, 2017

Pi Ventures hits first close of maiden fund; MakeMyTrip, Flipkart co-founders invest

Early-stage venture fund pi Ventures has announced the first close of its maiden fund at $13 million, with technology entrepreneurs ......

Govt mulls VC fund for minorities despite Dalit fund debacle

General

17 January, 2017

Govt mulls VC fund for minorities despite Dalit fund debacle

In what is reminiscent of DICCI SME Fund launched by former finance minister P Chidambaram, the government could soon launch ......

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Essel Finance in talks to buy a small microlender

General

14 November, 2016

Essel Finance in talks to buy a small microlender

Subhash Chandra-promoted diversified business group Essel has started engaging with microlenders for an acquisition after its efforts to buy Bangalore-based ......

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SIDBI VC backs Detection Instruments India with Series A funding

Manufacturing

07 October, 2016

SIDBI VC backs Detection Instruments India with Series A funding

SIDBI Venture Capital Ltd, a wholly-owned subsidiary of Small Industries Development Bank of India (SIDBI), has invested in Mumbai-based safety ......

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Swadhaar valued at $10 mn as early VCs cash out

General

02 September, 2016

Swadhaar valued at $10 mn as early VCs cash out

Some of the early venture capital backers of Mumbai-based financial services products distributor Swadhaar FinServe Pvt. Ltd (SFPL) have exited ......

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SME-focused PE firm SEAF India gets new head as Hemendra Mathur quits

General

02 May, 2016

SME-focused PE firm SEAF India gets new head as Hemendra Mathur quits

Small Enterprise Assistance Funds (SEAF), an emerging markets-focused investment firm that invests in small and medium enterprises (SMEs) through separate ......