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Avanse Financial CEO on growth plan under new majority owner Warburg Pincus

Finance

09 March, 2020

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 ......

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Yes Bank: Sweet bet for several PE firms before WestBridge's contrarian play went bust

Finance

06 March, 2020

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...

Comviva exits TerraPay as payments firm gets funding from IFC, others

TMT

03 March, 2020

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)...

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Long way to go for local fund managers to adopt ESG goals: Panellists at VCCircle summit

Finance

27 February, 2020

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...

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Can overseas forays, solar project development power Mahindra Susten's profit margin?

Infrastructure

24 February, 2020

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 ......

IFC to invest nearly $30 mn in Future Lifestyle Fashions

Consumer

20 February, 2020

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...

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How was IFC's partial exit from AU Small Finance Bank?

Finance

28 January, 2020

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...

Sachin Bansal quits Ujjivan Small Finance Bank board as he awaits bank licence

Finance

28 January, 2020

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 ......

B2B packaging materials marketplace Bizongo nets $30 mn in fresh funding

TMT

27 January, 2020

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...

Swiss impact investor responsAbility hits first close of climate debt fund

TMT

14 January, 2020

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...

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