International Finance Corporation
Finance
Avanse Financial CEO on growth plan under new majority owner Warburg Pincus
In March 2019, private equity firm Warburg Pincus agreed to acquire an 80% stake in education lender Avanse Financial Services ......
Finance
Yes Bank: Sweet bet for several PE firms before WestBridge's contrarian play went bust
‘Never catch a falling knife’ is a colloquial term widely and frequently used in the investment world when the price...
TMT
Comviva exits TerraPay as payments firm gets funding from IFC, others
Comviva Technologies Ltd, a subsidiary of Tech Mahindra Ltd, has divested its stake in fintech company TerraPay Payment Services (Netherlands)...
Finance
Long way to go for local fund managers to adopt ESG goals: Panellists at VCCircle summit
Investors in the US and Europe may have started focusing on environmental, social and governance (ESG) factors but fund managers...
Infrastructure
Can overseas forays, solar project development power Mahindra Susten's profit margin?
For the past several months Mahindra Susten Pvt. Ltd is said to be in talks to sell some of its ......
Consumer
IFC to invest nearly $30 mn in Future Lifestyle Fashions
International Finance Corporation will invest Rs 213 crore ($29.7 million) in Future Lifestyle Fashions Ltd, joining private equity...
Finance
How was IFC's partial exit from AU Small Finance Bank?
International Finance Corporation (IFC), the private-sector investment arm of the World Bank, has made a partial sale of its stake...
Finance
Sachin Bansal quits Ujjivan Small Finance Bank board as he awaits bank licence
Flipkart co-founder Sachin Bansal has resigned from the board of Ujjivan Small Finance Bank after a company he owns sought ......
TMT
B2B packaging materials marketplace Bizongo nets $30 mn in fresh funding
Bizongo, a business-to-business marketplace for packaging materials, has secured $30 million (about Rs 214.5 crore) in its Series...
TMT
Swiss impact investor responsAbility hits first close of climate debt fund
Zurich-based impact investor responsAbility Investments AG has launched a climate debt fund focussed on emerging countries and...