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Philippines hard-discount retailer DALI Stores adds another investor to cap table

Consumer

07 March, 2023

Philippines hard-discount retailer DALI Stores adds another investor to cap table

DALI Discount AG, a Swiss-incorporated holding company for Southeast Asian hard-discount retail chain active in the Philippines, has brought in ......

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Mizuho taps another LP after roping in DEG and IFC for third Southeast Asia PE fund

Finance

06 March, 2023

Mizuho taps another LP after roping in DEG and IFC for third Southeast Asia PE fund

Singapore-headquartered Mizuho Asia Partners has roped in a returning Limited Partner (LP) for its third Southeast Asia-focused investment vehicle, pushing ......

ADB invests $25 million in Quadria Capital's third fund

Consumer

17 January, 2023

ADB invests $25 million in Quadria Capital's third fund

The Asian Development Bank on Tuesday announced a $25 million (Rs 204.4 crore) equity investment in Quadria Capital Fund III ......

Shubham Housing Development Finance raises $112 mn from BII, others

Infrastructure

29 June, 2022

Shubham Housing Development Finance raises $112 mn from BII, others

Mortgage lender Shubham Housing Development Finance Company, on Wednesday announced raising $112 million (around Rs 863 crore) in a round ......

ADB, Axis Bank to invest $150 mn in supply chain for impact sectors

Finance

08 April, 2022

ADB, Axis Bank to invest $150 mn in supply chain for impact sectors

The Asian Development Bank (ADB) has signed a deal with Axis Bank Ltd, worth up to $150 million (around Rs ......

ADB trims developing Asia's 2021 economic growth forecast to 7.2%

Economy

20 July, 2021

ADB trims developing Asia's 2021 economic growth forecast to 7.2%

Developing Asia's economic growth this year will be slightly lower than previously projected, the Manila-based Asian Development Bank said on ......

Japan backs ADB with $15 mn for universal health coverage in Asia

Finance

05 May, 2021

Japan backs ADB with $15 mn for universal health coverage in Asia

Japan will contribute $15 million to a fund aimed at promoting universal health coverage in the Asia-Pacific region to prevent ......

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Why IFU, ADB backed dialysis chain DCDC favours domestic market over foreign expansion

Healthcare

19 March, 2021

Why IFU, ADB backed dialysis chain DCDC favours domestic market over foreign expansion

In 2018, Asian Development Bank (ADB)’s proposal to invest in DCDC Health Services Pvt. Ltd was supposed to have kicked ......

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Asian Development Bank  on post-COVID investment priority

Finance

09 February, 2021

Asian Development Bank on post-COVID investment priority

The Asian Development Bank (ADB), which has made back-to-back investments in two funds since the beginning of this year, has ......

ADB places bet on Tata Capital's second private equity fund

Finance

19 January, 2021

ADB places bet on Tata Capital's second private equity fund

The Asian Development Bank (ADB) has made its second Limited Partner (LP) commitment this month with a $10 million (Rs ......