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Fintech lender NeoGrowth raises debt funding from Proparco

Finance

13 September, 2019

Fintech lender NeoGrowth raises debt funding from Proparco

NeoGrowth Credit Pvt. Ltd, a small and medium enterprises-focused fintech lender, has raised $17 million (Rs 120.8 crore) in debt ......

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Rabo PE gets exit option as Prabhat Dairy plans to go private

Consumer

06 September, 2019

Rabo PE gets exit option as Prabhat Dairy plans to go private

Prabhat Dairy Ltd plans to delist its shares from stock exchanges, just four years after going public, in a development ......

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Can leadership change help CDPQ-backed Azure Power battle weak stock, low tariffs?

Infrastructure

01 August, 2019

Can leadership change help CDPQ-backed Azure Power battle weak stock, low tariffs?

Last month, Azure Power Global Ltd made top-level changes after its founder stepped down as the chief executive. The changes ......

Development finance players invest in GEF clean-energy fund focused on India

Infrastructure

13 May, 2019

Development finance players invest in GEF clean-energy fund focused on India

Seven European development finance institutions (DFIs) have invested in Global Environment Fund’s South Asia Growth Fund II, which will back ......

LeapFrog raises $700 mn for third impact investment fund

Finance

10 May, 2019

LeapFrog raises $700 mn for third impact investment fund

London-based impact investor LeapFrog Investments said it has received commitments worth $700 million (around Rs 4,900 crore at current exchange ......

TPG inks pact to take over management of Abraaj's healthcare fund

Finance

10 May, 2019

TPG inks pact to take over management of Abraaj's healthcare fund

U.S. private equity firm TPG said on Thursday it has signed a definitive agreement to takeover the management of a ......

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Why DFIs are doubling down on exposure to India-focussed PE, VC funds

Finance

14 January, 2019

Why DFIs are doubling down on exposure to India-focussed PE, VC funds

At a time when pension funds and other categories of foreign institutional investors seem more intent on direct investments instead ......

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How OPIC spread its bets on PE, VC funds operating in India

Finance

03 October, 2018

How OPIC spread its bets on PE, VC funds operating in India

The Overseas Private Investment Corporation (OPIC) backed a healthcare-focussed private equity fund that operates in India last month, as the ......

Azure Power gets $135 mn from IFC, European lenders for rooftop solar unit

Infrastructure

01 June, 2018

Azure Power gets $135 mn from IFC, European lenders for rooftop solar unit

Azure Power Global Ltd has raised $135 million (Rs 900 crore) in debt funding from International Financial Corporation (IFC) and ......

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Proparco to back India energy platform, tweaks fund-of-funds strategy

Infrastructure

18 April, 2018

Proparco to back India energy platform, tweaks fund-of-funds strategy

French development financial institution Proparco SA is in talks with two players as it seeks to participate in the creation ......