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IFC lifts India exposure for second year in a row as local portfolio nears $9 bn

Finance

03 December, 2024

IFC lifts India exposure for second year in a row as local portfolio nears $9 bn

International Finance Corporation (IFC) shored up its India exposure for the second consecutive year through June 2024, as it committed ......

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FlexiLoans taps another investor after getting three new Series C backers

Finance

03 December, 2024

FlexiLoans taps another investor after getting three new Series C backers

Mumbai-based digital lender FlexiLoans is adding another investor to its cap table, less than three months after raising Series C ......

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TPG-backed Shadowfax swings to operating profit for FY24 as quick commerce booms

Infrastructure

02 December, 2024

TPG-backed Shadowfax swings to operating profit for FY24 as quick commerce booms

Shadowfax Technologies, a logistics startup backed by private equity firm TPG, turned operationally profitable in the last financial year as ......

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How Blackstone's oldest active India portfolio firm is gearing up for growth

Finance

28 November, 2024

How Blackstone's oldest active India portfolio firm is gearing up for growth

A unit of private equity behemoth Blackstone’s oldest active India portfolio company is ramping up its digital services, upgrading its ......

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Peak XV, VEF taking haircut as BlackBuck eyes less than $600 mn valuation in IPO

TMT

08 November, 2024

Peak XV, VEF taking haircut as BlackBuck eyes less than $600 mn valuation in IPO

Venture capital firm Peak XV Partners and Swedish fintech investor VEF are taking a haircut on their investments in BlackBuck ......

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Fairfax-backed CSB Bank taps offshore investor for fresh capital

Finance

07 November, 2024

Fairfax-backed CSB Bank taps offshore investor for fresh capital

CSB Bank Ltd, the Indian private-sector lender controlled by Canadian investment firm Fairfax, is set to raise $100 million (around ......

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IFC-backed Eye-Q attracts another strategic suitor as early backers seek exit

Healthcare

04 November, 2024

IFC-backed Eye-Q attracts another strategic suitor as early backers seek exit

Eyecare clinic operator Eye-Q Vision Pvt Ltd, which is backed by the World Bank Group's investment arm International Finance Corporation ......

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Brookfield-controlled CleanMax taps offshore investor for Thailand project

Infrastructure

30 October, 2024

Brookfield-controlled CleanMax taps offshore investor for Thailand project

CleanMax Enviro Energy Solutions Pvt Ltd, an Indian renewable energy company controlled by Canadian alternative investment firm Brookfield, is set ......

Warburg, Kedaara-backed Avanse Financial gets SEBI approval for IPO

Finance

28 October, 2024

Warburg, Kedaara-backed Avanse Financial gets SEBI approval for IPO

Avanse Financial Services Ltd, an education loan provider that counts private equity firms Warburg Pincus and Kedaara Capital as its ......

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Creador set to overshoot hard-cap for sixth PE fund as it courts new LP

Finance

24 October, 2024

Creador set to overshoot hard-cap for sixth PE fund as it courts new LP

Creador, the South- and Southeast Asia-focused private equity firm that has set the ball rolling to monetize around half a ......