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British International Investment

KKR-backed IndiGrid secures $300 mn funding for new green energy platform

Infrastructure

13 November, 2024

KKR-backed IndiGrid secures $300 mn funding for new green energy platform

KKR-backed IndiGrid, a power sector infrastructure investment trust (InvIT), has secured fresh funding from overseas development financiers to set up ......

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How BII's India-Africa healthcare investment platform failed to make a mark

Healthcare

22 October, 2024

How BII's India-Africa healthcare investment platform failed to make a mark

An investment platform formed by British International Investment (BII), the UK government's development finance institution, along with an Indian group ......

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Shubham Housing gears up for fresh PE fundraise to boost capitalisation

Finance

17 October, 2024

Shubham Housing gears up for fresh PE fundraise to boost capitalisation

PremjiInvest-backed mortgage lender Shubham Housing Development Finance is in the process of raising fresh equity capital, in a move that ......

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BII's India bets slumped last year even as global investments remained flat

Finance

15 October, 2024

BII's India bets slumped last year even as global investments remained flat

British International Investment (BII), the development finance institution backed by the UK government, substantially slowed the pace of its new ......

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Sector scan: Why microfinance firms are bracing for growth slowdown

Finance

03 October, 2024

Sector scan: Why microfinance firms are bracing for growth slowdown

In March, India’s microfinance sector recorded its biggest private equity transaction. That month, US-based Advent International and India’s Multiples PE ......

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Bottomline: NIIF-controlled Ayana loses momentum as revenue growth slows, profit slumps

Infrastructure

20 September, 2024

Bottomline: NIIF-controlled Ayana loses momentum as revenue growth slows, profit slumps

The financial year 2023-24 was not a particularly fruitful one for green energy company Ayana Renewable Power Pvt Ltd as ......

Aye Finance pockets Series G cheque from Temasek-backed impact investor

Finance

20 September, 2024

Aye Finance pockets Series G cheque from Temasek-backed impact investor

Aye Finance, a non-bank lender to micro, small and medium-sized enterprises (MSMEs), has raised Rs 250 crore (about $30 million) ......

Tiger Global-backed Bizongo beefs up top deck with former AmEx, Amazon Pay execs

People

16 September, 2024

Tiger Global-backed Bizongo beefs up top deck with former AmEx, Amazon Pay execs

SmartPaddle Technology Pvt Ltd, which owns a business-to-business platform Bizongo, has announced many top-level appointments to its leadersip team. These ......

SoftBank-backed Delhivery locks horns with Warburg-backed Ecom Express over IPO filing

Infrastructure

13 September, 2024

SoftBank-backed Delhivery locks horns with Warburg-backed Ecom Express over IPO filing

SoftBank-backed logistics company Delhivery on Friday accused Warburg Pincus-backed rival Ecom Express of providing misleading data in its draft initial ......

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Bottomline: VC-backed Fasal doubles revenue in FY24, keeps loss in check

TMT

12 September, 2024

Bottomline: VC-backed Fasal doubles revenue in FY24, keeps loss in check

Agritech startup Fasal, which is backed by the likes of Omnivore Venture Partners, 3one4 Capital, TDK Ventures, and British International ......