IFC
Finance
IFC to invest in seed producer Mahyco India's overseas unit
International Finance Corporation (IFC) plans to make an equity investment of up to $20 million (Rs 141.82 crore at current ......
Consumer
Sam Zell's Equity International, others to sell stake in India operator of Marriott, Hyatt hotels
Gurugram-based SAMHI Hotels Ltd, which operates the largest number of Marriott and Hyatt hotels in India, has filed draft papers ......
TMT
B2B marketplace Bizongo pockets Series C cheque as valuation nears $100 mn
Bizongo, a business-to-business marketplace for packaging materials, has received funding from a bunch of investors in a Series C round ......
General
Grapevine: ShopClues swings axe on 50% staff; IFC, others mull Azure Power stake sale
Gurugram-based online retailer ShopClues has let go about 50% of its workforce, downsizing from about 400 to around 200 employees, ......
Finance
IFC offers $150 mn in debt funding to RBL Bank
International Finance Corporation will provide $150 million (Rs 1,028 crore) in the form of a five-year senior loan to private-sector ......
Finance
IFC leads $550-mn investment round in L&T Finance
International Finance Corporation has led a $550 million (Rs 3,769 crore) investment round in L&T Finance Ltd, a wholly owned ......
TMT
IFC to back rare management buyout-style transaction in India
International Finance Corporation has joined a consortium of investors that is in talks to seal a venture-stage management buyout-style transaction ......
TMT
Swiss investor Corisol leads $70 mn funding round in online pharmacy 1mg
Gurugram-based 1mg Technologies Pvt. Ltd, which operates an eponymous online pharmacy, has raised $70 million (Rs 483 crore) in its ......
Finance
IFC proposes to invest $30 mn in Indian School Finance Company
International Finance Corporation (IFC), the private-sector investment arm of the World Bank, has proposed to invest up to $30 million ......
Finance
Piramal-Bain distressed assets fund set to raise $750 mn
India Resurgence Fund will raise a corpus of $750 million (around Rs 5,250 crore) over the next few months to increase ......