British International Investment
Infrastructure
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 ......
Healthcare
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 ......
Finance
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 ......
Finance
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 ......
Finance
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 ......
Infrastructure
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 ......
Finance
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) ......
People
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 ......
Infrastructure
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 ......
TMT
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 ......