SIDBI
Finance
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, ......
Others
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 ......
General
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 ......
General
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 ......
General
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 ......
Manufacturing
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 ......
General
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 ......
General
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 ......