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Grapevine: Zepto set to raise fresh funds; Flipkart-backed Shadowfax mulls IPO

General

12 August, 2024

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 ......

IFC makes debt investment in microfinance entity CreditAccess Grameen

Finance

26 May, 2022

IFC makes debt investment in microfinance entity CreditAccess Grameen

International Finance Corporation (IFC), the private investment arm of the World Bank, has proposed to make a debt investment of ......

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Dutch investor FMO's India exposure rockets 60% in 2019

Finance

02 April, 2020

Dutch investor FMO's India exposure rockets 60% in 2019

The Netherlands’ development finance institution FMO has recorded a sharp increase in its exposure to India, driven mainly by bets ......

Matt Damon's impact investing fund backs CreditAccess Grameen

Finance

13 March, 2020

Matt Damon's impact investing fund backs CreditAccess Grameen

WaterEquity, an impact investing fund manager co-founded by Oscar-winning actor Matt Damon, has made a debt investment in Indian microlender ......

Madura Micro Finance to merge into CreditAccess Grameen

Finance

27 November, 2019

Madura Micro Finance to merge into CreditAccess Grameen

CreditAccess Grameen Ltd (CAGL), which operates a microlending business under the Grameen Koota brand, has signed definitive agreements for the ......

Microlender CreditAccess Grameen raises debt funding from FMO

Finance

05 November, 2019

Microlender CreditAccess Grameen raises debt funding from FMO

CreditAccess Grameen Ltd, which operates a microlending business under the Grameen Koota brand name, has raised Rs 214 crore (approximately ......

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How choppy stock markets shrunk India's billion-dollar valuation club

Markets

10 September, 2019

How choppy stock markets shrunk India's billion-dollar valuation club

India's stock markets have been on a roller-coaster ride over the past few months. While benchmark indices surged to record ......

Microlender CreditAccess Grameen falls on stock market debut

Finance

23 August, 2018

Microlender CreditAccess Grameen falls on stock market debut

CreditAccess Grameen Ltd, which operates under the Grameen Koota brand, made a weak debut on the stock exchanges on Thursday ......

Microlender CreditAccess Grameen's IPO fully subscribed on final day

Finance

10 August, 2018

Microlender CreditAccess Grameen's IPO fully subscribed on final day

The initial public offering (IPO) of microfinance lender CreditAccess Grameen Ltd was fully subscribed midway through the third and final ......

CreditAccess Grameen IPO crosses one-third mark on second day

Finance

09 August, 2018

CreditAccess Grameen IPO crosses one-third mark on second day

The initial public offering (IPO) of CreditAccess Grameen Ltd crossed the one-third mark on the second day of the issue ......