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IFCI, SIDBI exiting consulting firms to divest non-core assets

Finance

05 March, 2019

IFCI, SIDBI exiting consulting firms to divest non-core assets

State-run lenders IFCI Ltd and Small Industries Development Bank of India (SIDBI) have put their stakes in several consulting firms ......

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SIDBI sells entire stake in Chennai consulting firm

Infrastructure

01 March, 2019

SIDBI sells entire stake in Chennai consulting firm

State-run Small Industries Development Bank of India (SIDBI) has fully exited its investment in a Chennai-based consultancy, a person close ......

Reliance may buy logistics startup Grab; SoftBank leads $60-mn investment in Grofers

General

28 February, 2019

Reliance may buy logistics startup Grab; SoftBank leads $60-mn investment in Grofers

In line with its plans to enter the e-commerce space, Mukesh Ambani-led Reliance Industries is in advanced talks to buy ......

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SIDBI exits investment in consulting firm

Finance

20 February, 2019

SIDBI exits investment in consulting firm

State-run Small Industries Development Bank of India (SIDBI) has fully exited its investment in a Pune-based consultancy which provides corporate ......

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SIDBI's Samridhi Fund backs water-filtration company

Manufacturing

19 February, 2019

SIDBI's Samridhi Fund backs water-filtration company

Social-impact venture capital fund Samridhi Fund, managed by Small Industries Development Bank of India (SIDBI), has invested in a company ......

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SIDBI's Mohammad Mustafa on efforts to attract seasoned fund managers

People

14 January, 2019

SIDBI's Mohammad Mustafa on efforts to attract seasoned fund managers

The state-run Small Industries Development Bank of India (SIDBI) considers a fund-of-funds strategy more suitable for achieving its objective of ......

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SIDBI's venture capital arm sets the ball rolling for eighth fund

Finance

04 January, 2019

SIDBI's venture capital arm sets the ball rolling for eighth fund

The venture capital arm of state-run Small Industries Development Bank of India (SIDBI) has kick-started the process of raising its ......

How NBFCs are using tech to boost MSME lending

Finance

24 December, 2018

How NBFCs are using tech to boost MSME lending

Over the last few quarters, public sector banks’ (PSBs’) share in lending to micro, small and medium enterprises (MSMEs) has ......

Warburg Pincus strikes maiden MFI deal with bet on Fusion Microfinance

Finance

04 December, 2018

Warburg Pincus strikes maiden MFI deal with bet on Fusion Microfinance

US-headquartered private equity giant Warburg Pincus is leading an investment of Rs 520 crore (around $75 million at current exchange rates) ......

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Iron Pillar top execs on why the time has come for specialist VC funds

TMT

15 October, 2018

Iron Pillar top execs on why the time has come for specialist VC funds

Earlier this month, venture capital firm Iron Pillar hit the final close of its maiden fund at $90 million (Rs ......