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ADB

Shubham Housing Development Finance raises $112 mn from BII, others

Infrastructure

29 June, 2022

Shubham Housing Development Finance raises $112 mn from BII, others

Mortgage lender Shubham Housing Development Finance Company, on Wednesday announced raising $112 million (around Rs 863 crore) in a round ......

ADB, Axis Bank to invest $150 mn in supply chain for impact sectors

Finance

08 April, 2022

ADB, Axis Bank to invest $150 mn in supply chain for impact sectors

The Asian Development Bank (ADB) has signed a deal with Axis Bank Ltd, worth up to $150 million (around Rs ......

ADB trims developing Asia's 2021 economic growth forecast to 7.2%

Economy

20 July, 2021

ADB trims developing Asia's 2021 economic growth forecast to 7.2%

Developing Asia's economic growth this year will be slightly lower than previously projected, the Manila-based Asian Development Bank said on ......

Japan backs ADB with $15 mn for universal health coverage in Asia

Finance

05 May, 2021

Japan backs ADB with $15 mn for universal health coverage in Asia

Japan will contribute $15 million to a fund aimed at promoting universal health coverage in the Asia-Pacific region to prevent ......

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Why IFU, ADB backed dialysis chain DCDC favours domestic market over foreign expansion

Healthcare

19 March, 2021

Why IFU, ADB backed dialysis chain DCDC favours domestic market over foreign expansion

In 2018, Asian Development Bank (ADB)’s proposal to invest in DCDC Health Services Pvt. Ltd was supposed to have kicked ......

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Asian Development Bank  on post-COVID investment priority

Finance

09 February, 2021

Asian Development Bank on post-COVID investment priority

The Asian Development Bank (ADB), which has made back-to-back investments in two funds since the beginning of this year, has ......

ADB places bet on Tata Capital's second private equity fund

Finance

19 January, 2021

ADB places bet on Tata Capital's second private equity fund

The Asian Development Bank (ADB) has made its second Limited Partner (LP) commitment this month with a $10 million (Rs ......

ADB returns as a limited partner for OrbiMed's fourth Asia healthcare PE fund

Healthcare

11 January, 2021

ADB returns as a limited partner for OrbiMed's fourth Asia healthcare PE fund

Healthcare-focused investment firm OrbiMed has received a Limited Partner (LP) commitment from Asian Development Bank (ADB) for its fourth Asia ......

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Annapurna Finance to raise funding as coronavirus roils MFIs

Finance

04 June, 2020

Annapurna Finance to raise funding as coronavirus roils MFIs

Microfinance institution Annapurna Finance Pvt. Ltd is in advanced discussions to raise equity funding from a few institutional investors, two ......

ADB cuts growth forecast for India, other Asian nations on coronavirus fallout

Economy

03 April, 2020

ADB cuts growth forecast for India, other Asian nations on coronavirus fallout

Developing Asia's already-slowing growth is set to weaken sharply this year, hit by the fallout from the coronavirus pandemic before ......