IFC
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 ......
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 ......
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 ......
Manufacturing
Serial entrepreneur Mahansaria set to raise PE funding for latest tyre venture
Yogesh Mahansaria, who along with his father Ashok had bowed out of Balkrishna Industries Ltd to create Alliance Tire Group ......
Manufacturing
Polycab IPO gets strong demand on first day after PE firms, SWF come as anchor investors
Electrical products maker Polycab India Ltd’s initial public offering (IPO) saw strong demand on the first day on Friday, with ......
Finance
IFC to make modest returns from partial exit in IPO of electrical goods firm
International Finance Corporation (IFC), the World Bank’s private-sector investment arm, will walk away with modest returns by selling nearly half ......
Finance
Gruh deal will help increase secured loan book: Bandhan Bank CEO
In April 2014, Chandra Shekhar Ghosh managed to get what many bigger businessman couldn't--a banking licence. Bandhan Bank, the microlender-turned-bank, ......
Finance
Lighthouse adds CDC as LP for latest fund, targets final close in four months
Mid-market private equity firm Lighthouse is aiming to mark the final close of its third India-dedicated fund by the end ......
Finance
How IFC spun $200 mn from financial services portfolio before market downturn
International Finance Corporation (IFC), the private-sector investment arm of the World Bank, partially sold stakes in four Indian financial services ......