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IFC strikes another profitable exit with partial stake sale in Equitas

Finance

20 August, 2018

IFC strikes another profitable exit with partial stake sale in Equitas

International Finance Corporation (IFC), the World Bank’s private-sector investment arm, has walked away with above-benchmark returns by selling a part ......

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Kedaara, Warburg bag stellar returns from partial exit in AU Small Finance Bank

Finance

10 August, 2018

Kedaara, Warburg bag stellar returns from partial exit in AU Small Finance Bank

Private equity firms Warburg Pincus and Kedaara Capital have struck stellar returns by selling a part of their respective stakes ......

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How much IFC made by partially exiting AU Small Finance Bank

Finance

13 July, 2018

How much IFC made by partially exiting AU Small Finance Bank

International Finance Corporation (IFC), the private-sector investment arm of the World Bank, has harvested stellar returns by selling a little ......

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CDC scores a cracker of an exit from India portfolio

Finance

10 January, 2018

CDC scores a cracker of an exit from India portfolio

UK-based development finance institution CDC Group Plc has fully exited Bengaluru-based small finance bank Ujjivan Financial Services Ltd, making excellent ......

Bajaj Allianz joins TPG, other existing investors to park $161 mn in Janalakshmi

Finance

11 September, 2017

Bajaj Allianz joins TPG, other existing investors to park $161 mn in Janalakshmi

Bengaluru-based microlender Janalakshmi Financial Services Pvt. Ltd, which had secured a licence for floating a small finance bank, has raised ......

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CDC yields rich harvest from stake sale in financial services firm Ujjivan

Finance

31 August, 2017

CDC yields rich harvest from stake sale in financial services firm Ujjivan

UK-based development finance institution CDC Group Plc has sold bulk of its remaining stake in Bengaluru-based small finance bank Ujjivan ......

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TPG-backed Janalakshmi raising large PE round from new, existing investors

Finance

16 June, 2017

TPG-backed Janalakshmi raising large PE round from new, existing investors

Bengaluru-based small finance bank licencee Janalakshmi Financial Services (JFS) is in talks to raise a fresh round of equity funding ......

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CDC scores high returns from financial services portfolio firm in India

Finance

01 June, 2017

CDC scores high returns from financial services portfolio firm in India

UK-based development finance institution CDC Group Plc has sold some stake in the Bengaluru-based small finance bank Ujjivan Financial Services ......

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Company watch: Janalakshmi all set for new innings with robust financials

Finance

29 May, 2017

Company watch: Janalakshmi all set for new innings with robust financials

When India’s microfinance industry went through a crisis in the years after Andhra Pradesh framed strict rules for the sector ......

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PE firm True North to partially exit small finance bank licensee Fincare

General

08 February, 2017

PE firm True North to partially exit small finance bank licensee Fincare

Fincare Business Services Pvt. Ltd, a financial services holding company, is in late-stage discussions to raise external equity funding that ......