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IFC to invest $125 mn in Hero Future Energies

TEAM VCC

International Finance Corporation plans to make an equity investment of up to $125 million (Rs 840 crore) in Hero Future Energies Pvt. Ltd, the World Bank's private-sector arm said.

 Exclusive: Kautilya Finance set to seal third realty deal in India

Swet Sarika

Kautilya Finance BV, a foreign portfolio investor registered with the Securities and Exchange Board of India, is in advanced talks to back a residential project in the National Capital Region (NCR) that would mark its third known investment in the Indian realty market, two people familiar with th

Exclusive: EnCashea raises funding from Kunal Shah, others; in talks to buy smaller rival RaddiMan

Binu Paul

Bangalore-based scrap collection and recycling startup EnCashea has raised an undisclosed amount in seed funding from FreeCharge co-founders Kunal Shah and Sandeep Tandon, Tracxn Labs and a group of unnamed investors.

 Morgan Stanley Real Estate trims stake in Oberoi Realty

Swet Sarika

Morgan Stanley Real Estate (Morgan Stanley RE), the real estate focused asset management arm of financial services giant Morgan Stanley, has part-exited its nine-year-old investment in Mumbai-based public listed developer Oberoi Realty Ltd.

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