Asian Development Bank.
General
Grapevine: Zepto set to raise fresh funds; Flipkart-backed Shadowfax mulls IPO
Zepto is set to raise $310 million (about Rs 2500 crore), boosting its valuation to $5 billion—a 40% increase from its ......
Finance
Actis set to pocket another LP cheque for Asia climate fund
UK-based private equity firm Actis is all set to onboard a multilateral financial institution as a limited partner for its ......
General
Grapevine: PE firms line up for Bharat Serums; IFC, ADB to invest in Fourth Partner
Five major global private equity firms - Warburg Pincus, Permira, EQT, Bain, and TPG - are interested in acquiring Bharat Serums and Vaccines (BSV) as the company's current ......
General
Returning LP signs larger cheque for CDH VGC's new Chinese venture growth fund
China-focussed alternative assets management firm, CDH Investments, is in the process of raising a new fund and has secured a ......
Healthcare
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 ......
Finance
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 ......
Infrastructure
Can fledgling Avaada Energy tame profit fluctuations amid expansion, pandemic?
In June, even as most Indian businesses were trying to limp back to a semblance of normalcy following the nationwide ......
Infrastructure
Former Welspun exec's solar energy firm Avaada raising bridge round
Avaada Energy Pvt. Ltd, a solar energy company founded by serial entrepreneur Vineet Mittal, is raising a bridge round of ......
Finance
Annapurna Finance to raise funding as coronavirus roils MFIs
Microfinance institution Annapurna Finance Pvt. Ltd is in advanced discussions to raise equity funding from a few institutional investors, two ......
Finance
ChrysCap goes long on another private-sector lender with around $30 mn bet
India-focused private equity firm ChrysCapital has bought a small stake in a mid-sized private-sector bank, adding to its exposure to ......
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