DEG
Finance
NIIF onboards senior executive from European DFI
A former senior investment manager from a European development finance company has joined the National Investment and Infrastructure Fund (NIIF), ......
Finance
European development finance institutions to exit fossil fuel investments by 2030
A group of European development finance institutions (DFIs) managing $50 billion said on Thursday they planned to stop lending money ......
Finance
Carpediem floats new PE fund, hires European DFI's former exec
Mid-market private equity firm Carpediem Capital has hit the road to raise its second fund and also hired a former ......
Infrastructure
Can fledgling Avaada Energy tame profit fluctuations amid expansion, pandemic?
In June, even as most Indian businesses were trying to limp back to a semblance of normalcy following the nationwide ......
TMT
Germany's DEG backs SME-focussed LivFin in first India fintech bet
LivFin India Pvt. Ltd, a financial technology firm focussed on small and medium enterprises, has raised $5 million (about Rs ......
Manufacturing
Mahansaria's new tyre venture gets more grip on funding highway
Serial entrepreneur Yogesh Mahansaria, who along with his father Ashok exited Balkrishna Industries Ltd to create Alliance Tire Group with ......
Infrastructure
Can leadership change help CDPQ-backed Azure Power battle weak stock, low tariffs?
Last month, Azure Power Global Ltd made top-level changes after its founder stepped down as the chief executive. The changes ......
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, ......
General
Grapevine: Investcorp raising first India fund; IFC, DEG invest in Oriental Structural's InvIT
Bahrain-based alternative asset manager Investcorp is raising its maiden real estate fund for India with a target corpus of $250-300 ......
Finance
LeapFrog raises $700 mn for third impact investment fund
London-based impact investor LeapFrog Investments said it has received commitments worth $700 million (around Rs 4,900 crore at current exchange ......