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Former Welspun exec's solar energy firm Avaada raising bridge round

Infrastructure

10 June, 2020

Former Welspun exec's solar energy firm Avaada raising bridge round

Avaada Energy Pvt. Ltd, a solar energy company founded by serial entrepreneur Vineet Mittal, is raising a bridge round of ......

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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...

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ChrysCap goes long on another private-sector lender with around $30 mn bet

Finance

28 April, 2020

ChrysCap goes long on another private-sector lender with around $30 mn bet

India-focused private equity firm ChrysCapital has bought a small stake in a mid-sized private sector bank, adding to its exposure...

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...

Kedaara-backed Aavas Financiers to raise loan from Asian Development Bank

Finance

30 March, 2020

Kedaara-backed Aavas Financiers to raise loan from Asian Development Bank

Affordable housing loan provider Aavas Financiers Ltd has signed an agreement with the Philippines-headquartered Asian Development...

Asian Development Bank commits $100 mn for NIIF Fund of Funds

Finance

30 March, 2020

Asian Development Bank commits $100 mn for NIIF Fund of Funds

National Investment and Infrastructure Fund Ltd (NIIF) is raising $100 million (approximately Rs 753.30 crore at current exchange...

ADB slashes India's growth forecast for this year and next

Finance

11 December, 2019

ADB slashes India's growth forecast for this year and next

The Asian Development Bank (ADB) said on Wednesday it has lowered its growth forecasts for developing Asia this year and ......

Grapevine: Top Oyo execs to pool angel bets; Ola looks to raise funding from Microsoft

General

29 October, 2019

Grapevine: Top Oyo execs to pool angel bets; Ola looks to raise funding from Microsoft

Oyo Hotels and Homes CEO Ritesh Agarwal and CFO Abhishek Gupta have likely created a separate vehicle for their personal ......

ADB slashes India growth estimate as global trade tensions escalate

Economy

25 September, 2019

ADB slashes India growth estimate as global trade tensions escalate

 Escalating trade tensions between the United States and China have darkened the outlook for developing Asia, with the region...

ADB trims India's GDP growth forecast

Economy

18 July, 2019

ADB trims India's GDP growth forecast

The Asian Development Bank said on Thursday developing Asia is on track to meet the lender's growth expectations for this...

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