IFC
Finance
How IFC bumped up India exposure as shadow banking crisis worsened
International Finance Corporation (IFC) increased its annual commitment to India almost four times for the year through June 2019,...
Manufacturing
Mahansaria's new tyre venture gets more grip on funding highway
A couple of days after VCCircle reported that serial entrepreneur Yogesh Mahansaria has dialled an old PE backer for his ......
Manufacturing
After selling ATG for over $1 bn, Mahansaria dials old PE backer for new tyre venture
Yogesh Mahansaria, who along with his father Ashok exited Balkrishna Industries Ltd to create Alliance Tire Group (ATG)...
Finance
IFC to invest in seed producer Mahyco India's overseas unit
International Finance Corporation (IFC) plans to make an equity investment of up to $20 million (Rs 141.82 crore at current ......
Consumer
Sam Zell's Equity International, others to sell stake in India operator of Marriott, Hyatt hotels
Gurugram-headquartered company SAMHI Hotels Ltd, which owns the largest number of hotels chains of Marriot, IHG and Hyatt in India,...
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...
General
Grapevine: ShopClues swings axe on 50% staff; IFC, others mull Azure Power stake sale
Gurugram-based online retailer ShopClues has let go about 50% of its workforce, downsizing from about 400 to around 200 employees,...
Finance
IFC offers $150 mn in debt funding to RBL Bank
International Finance Corporation will provide $150 million (Rs 1,028 crore) in the form of a five-year senior loan to private-sector...
Finance
IFC leads $550-mn investment round in L&T Finance
International Finance Corporation has led a $550 million (Rs 3,769 crore) investment round in Larsen & Toubro Finance Ltd,...
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...
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