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Market-bound auto parts maker cranks up investment returns for IFC, Affirma

Manufacturing

09 March, 2021

Market-bound auto parts maker cranks up investment returns for IFC, Affirma

Automobile and industrial parts maker Craftsman Automation has multiplied International Finance Corporation (IFC) and Affirma...

Grapevine: JM Baxi, others eye SCI privatisation; KKR, others may join bad bank

General

02 March, 2021

Grapevine: JM Baxi, others eye SCI privatisation; KKR, others may join bad bank

The United States-based Safesea Group and ship operator JM Baxi & Co have submitted expressions of interest (EoIs) to participate...

VA Tech Wabag raises funding from IFC, Tata Cleantech, Eversource Capital

Finance

18 February, 2021

VA Tech Wabag raises funding from IFC, Tata Cleantech, Eversource Capital

VA Tech Wabag Ltd, a water-technology company, has raised debt and equity funding from International Finance Corporation (IFC),...

Aavishkaar Group-promoted Arohan Financial files for IPO

Finance

15 February, 2021

Aavishkaar Group-promoted Arohan Financial files for IPO

Aavishkaar Group-promoted Arohan Financial Services Pvt Ltd has filed for an initial public offering (IPO). The Kolkata-based...

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Jan Deals Wrap: Adani, Udaan, OmniActive rock the charts

Finance

04 February, 2021

Jan Deals Wrap: Adani, Udaan, OmniActive rock the charts

The first month of the new year, which continues to be affected by coronavirus just like 2020, saw a string ......

Bizongo raises $9 mn, adds CDC Group to cap table

TMT

12 January, 2021

Bizongo raises $9 mn, adds CDC Group to cap table

Mumbai headquartered Smartpaddle Technology, which operates packaging materials marketplace Bizongo, has raised $9.3 million (Rs...

PE-backed Parag Milk Foods to raise debt funding from IFC

Consumer

11 January, 2021

PE-backed Parag Milk Foods to raise debt funding from IFC

Parag Milk Foods Ltd, the dairy and value-added products manufacturer that offers brands including the Go brand of cheese, will...

IFC to back Puravankara's housing projects

Infrastructure

17 December, 2020

IFC to back Puravankara's housing projects

Bengaluru-based real estate developer Puravankara Group has struck a deal to raise $76 million (Rs 556 crore) from World Bank’s...

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Affirma, IFC to part-exit as auto parts maker eyes IPO again

Manufacturing

16 December, 2020

Affirma, IFC to part-exit as auto parts maker eyes IPO again

An automobile and industrial parts maker, which counts private equity firm Affirma (Standard Chartered PE) and World Bank’s...

Grapevine: Zomato to raise funding; ReNew Power sells wind farms to Ayana

General

10 November, 2020

Grapevine: Zomato to raise funding; ReNew Power sells wind farms to Ayana

New York-based hedge fund D1 Capital and Fidelity Management & Research are expected to invest $100 million (about Rs 740...

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