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IFC to back Puravankara's housing projects

Infrastructure

17 December, 2020

IFC to back Puravankara's housing projects

Bengaluru-based real estate developer Puravankara Group has struck a deal to raise $76 million (Rs 556 crore) from World Bank’s ......

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Affirma, IFC to part-exit as auto parts maker eyes IPO again

Manufacturing

16 December, 2020

Affirma, IFC to part-exit as auto parts maker eyes IPO again

An automobile and industrial parts maker, which counts private equity firm Affirma (Standard Chartered PE) and World Bank’s International Finance ......

Grapevine: Zomato to raise funding; ReNew Power sells wind farms to Ayana

General

10 November, 2020

Grapevine: Zomato to raise funding; ReNew Power sells wind farms to Ayana

New York-based hedge fund D1 Capital and Fidelity Management & Research are expected to invest $100 million (about Rs 740 ......

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IFC proposes to invest in Indian unit of Israeli irrigation equipment maker

Manufacturing

28 October, 2020

IFC proposes to invest in Indian unit of Israeli irrigation equipment maker

International Finance Corporation (IFC), the private-sector investment arm of the World Bank, said that it proposes to invest $75 million ......

After-sales services firm Onsitego raises funding from IFC in extended Series B round

Consumer

22 September, 2020

After-sales services firm Onsitego raises funding from IFC in extended Series B round

After-sales services firm Onsitego has raised funding from World Bank’s International Finance Corporation (IFC) as part of its extended Series ......

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Ramkrishna Forgings to raise fresh capital from existing investor

Manufacturing

22 September, 2020

Ramkrishna Forgings to raise fresh capital from existing investor

Diversified metals manufacturer Ramkrishna Forgings Ltd will raise fresh capital from an existing investor as it seeks to finance its ......

Grapevine: Blackstone frontrunner for L&T MF; Gaja Capital to lead 1mg funding

General

07 September, 2020

Grapevine: Blackstone frontrunner for L&T MF; Gaja Capital to lead 1mg funding

Private equity giant Blackstone, which was reportedly interested in the acquisition of L&T Mutual Fund, has become a frontrunner. Both sides ......

IFC to offer $30 mn to vaccine maker Biological E

Healthcare

27 July, 2020

IFC to offer $30 mn to vaccine maker Biological E

The International Finance Corporation (IFC), the private-sector investment arm of the World Bank, has proposed to provide a loan of ......

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Majority investor takes management control of Indian School Finance

Finance

22 July, 2020

Majority investor takes management control of Indian School Finance

Gray Matters Capital, a US-based impact investor that owns a majority stake in Indian School Finance Company Pvt. Ltd, has ......

IFC to offer $35 mn in debt funding to JK Paper

Finance

01 June, 2020

IFC to offer $35 mn in debt funding to JK Paper

International Finance Corporation (IFC), the private-sector investment arm of the World Bank, is looking to invest up to $35 million ......