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IFC backs Mahindra's electric three-wheeler, small commercial vehicle unit

Manufacturing

22 March, 2023

IFC backs Mahindra's electric three-wheeler, small commercial vehicle unit

International Finance Corporation (IFC), the World Bank Group’s private-sector investment arm, will invest Rs 600 crore ($72.6 million) in automaker ......

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Ashiana Housing set to collect another cheque from offshore investor

Infrastructure

20 March, 2023

Ashiana Housing set to collect another cheque from offshore investor

Ashiana Housing Ltd, known mainly for developing mid-income residential projects and senior living homes, is set to receive another dose ......

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Exclusive: FabIndia backer Lighthouse hits first close of fourth India fund

Finance

13 March, 2023

Exclusive: FabIndia backer Lighthouse hits first close of fourth India fund

Homegrown private equity firm Lighthouse Funds, the backer of companies such as Fabindia and Medikabazaar, has marked the first close ......

PremjiInvest leads $110-mn funding round of fintech startup Mintifi

TMT

08 March, 2023

PremjiInvest leads $110-mn funding round of fintech startup Mintifi

Supply-chain financing platform Mintifi on Wednesday said it has raised $110 million (Rs 902.5 crore) in its Series D funding ......

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Offshore investor backs Indian operator of Marriott hotels

Consumer

07 March, 2023

Offshore investor backs Indian operator of Marriott hotels

Chalet Hotels Ltd, a K Raheja Corp. group company that operates Marriott luxury hotels in India, has raised Rs 100 ......

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Mizuho taps another LP after roping in DEG and IFC for third Southeast Asia PE fund

Finance

06 March, 2023

Mizuho taps another LP after roping in DEG and IFC for third Southeast Asia PE fund

Singapore-headquartered Mizuho Asia Partners has roped in a returning Limited Partner (LP) for its third Southeast Asia-focused investment vehicle, pushing ......

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Can top toll road operator Cube Highways stay in the fast lane as focus shifts to InvIT?

Infrastructure

01 March, 2023

Can top toll road operator Cube Highways stay in the fast lane as focus shifts to InvIT?

In 2014, when a Singapore-based private equity vehicle was set up to invest in India’s highways sector, few would have ......

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Vertex Ventures taps another LP for fifth India, Southeast Asia VC fund

Finance

27 February, 2023

Vertex Ventures taps another LP for fifth India, Southeast Asia VC fund

Vertex Ventures, a venture capital investor backed by Singapore state investment firm Temasek Holdings, is set to receive another cheque ......

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Ather Energy taps offshore investor for fresh funding

TMT

23 February, 2023

Ather Energy taps offshore investor for fresh funding

Ather Energy is set to secure equity capital from an international investor, as the electric two-wheeler maker looks to raise ......

Avanse Financial raises Rs 800 cr from Kedaara

Finance

19 January, 2023

Avanse Financial raises Rs 800 cr from Kedaara

Education loans-focused non-banking lender Avanse Financial Services Ltd on Thursday said it has raised primary capital of Rs 800 crore ......