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Light Microfinance raises Series B funding from BII, others

Finance

Light Microfinance raises Series B funding from BII, others

Light Microfinance has raised Rs 196 crore ($24.1 million) in a Series B funding round, the company ...

Ex-Neev Funds executive joins BII to lead India ops

People

Ex-Neev Funds executive joins BII to lead India ops

UK’s development finance institution, British International Investment (BII) has appointed former ...

 French agency Proparco makes a loan for IndusInd Bank's microfinance division

Finance

French agency Proparco makes a loan for IndusInd Bank's microfinance division

French development agency Proparco made a $75 million (about Rs 560 crore) loan to mid-sized private...

Why bankers want more clarity on the government's proposed DFI

Finance

Why bankers want more clarity on the government's proposed DFI

The new development financial institution (DFI) mooted in Budget 2021 will require substantial ...

US agency guarantees IndusInd debt funding for housing finance firm Aviom

Finance

US agency guarantees IndusInd debt funding for housing finance firm Aviom

The United States International Development Finance Corporation (USIDFC) has guaranteed a $5 million...

Shriram Transport raises debt funding from Austrian development bank OeEB

Finance

Shriram Transport raises debt funding from Austrian development bank OeEB

Non-banking financial company Shriram Transport Finance Co. Ltd, a part of the larger Shriram Group...

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OPIC invests in Aspada-backed regional hospital chain

Finance

OPIC invests in Aspada-backed regional hospital chain

The Overseas Private Investment Corporation (OPIC), a development finance institution of the US ...

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Why DFIs are doubling down on exposure to India-focussed PE, VC funds

Finance

Why DFIs are doubling down on exposure to India-focussed PE, VC funds

At a time when pension funds and other categories of foreign institutional investors seem more ...

PE-backed Aavas Financiers raises $29 mn from CDC via masala bonds

Finance

PE-backed Aavas Financiers raises $29 mn from CDC via masala bonds

Home-loan company Aavas Financiers Ltd has raised Rs 200 crore ($28.7 million) from UK government-...

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Lighthouse adds CDC as LP for latest fund, targets final close in four months

Finance

Lighthouse adds CDC as LP for latest fund, targets final close in four months

Mid-market private equity firm Lighthouse is aiming to mark the final close of its third India-...