IFC
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...
TMT
Swiss investor Corisol leads $70 mn funding round in online pharmacy 1mg
Gurugram-based 1mg Technologies Pvt. Ltd, which operates an eponymous online pharmacy, has raised $70 million (Rs 483 crore) in...
Finance
IFC proposes to invest $30 mn in Indian School Finance Company
International Finance Corporation (IFC), the private-sector investment arm of the World Bank, has proposed to invest up to $30...
Finance
Piramal-Bain distressed assets fund set to raise $750 mn
India Resurgence Fund will be raising $750 million (around Rs 5,250 crore) over the next few months to increase its ......
Manufacturing
Serial entrepreneur Mahansaria set to raise PE funding for latest tyre venture
Yogesh Mahansaria, who along with his father Ashok had bowed out of Balkrishna Industries Ltd to create Alliance Tire Group ......
Finance
IFC to lead debt investment of $222 mn in NBFC Cholamandalam
India's Cholamandalam Investment and Finance Company Ltd said on Wednesday it would raise $222 million in debt funds in an...
Consumer
Future Consumer to raise $40 mn from IFC, Verlinvest
International Finance Corporation and Belgian private investment firm Verlinvest SA will provide a total of Rs 280 crore (about...
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