FMO
Finance
RBI bars Sachin Bansal's Navi, PE-backed Arohan, DMI Finance from issuing loans
The Reserve Bank of India said Thursday it has barred four non-banking finance companies (NBFCs) from sanctioning and disbursing loans ......
Infrastructure
Shell-backed Orb Energy starts Series D fundraising, aims $48 mn
British oil major Shell-backed Orb Energy, which is an integrated solar energy solutions provider, has initiated the process for its ......
Finance
Elevation-backed Aye Finance aims to more than double AUM, triple profit by FY27
Aye Finance, a non-banking finance company which lends to micro, small and medium sector enterprises (MSME) in India, aims to ......
Finance
Sustainability-focused GEF Capital nears target for third fund
Sustainability and climate-focused private equity firm GEF Capital Partners, which is led by Raj Pai and Stuart Barkoff, is nearing the ......
Infrastructure
India, Africa-focused Husk Power to weigh IPO, enter new markets in growth push
Husk Power Systems, an India- and Africa-focused renewable energy company that supplies electricity to rural areas via minigrids, is exploring ......
Finance
Florintree-backed Satin Creditcare raising $40 mn from offshore investor
Gurugram-based microfinance lender Satin Creditcare Network Ltd is raising up to Rs 332 crore ($40 million) in fresh capital from ......
Finance
Flutterwave backer LoftyInc courts offshore LP as it aims to quintuple AUM with new Africa VC fund
LoftyInc Capital, a pan-African early-stage venture capital firm, is likely to secure commitment from a European development finance institution for ......
Finance
Sub-Saharan Africa-focused private debt fund REGMIFA to get another cheque
The Regional MSME Investment Fund for Sub-Saharan Africa (REGMIFA), an open-ended private debt fund focusing on micro, small, and medium ......
Finance
Adenia expands LP base beyond legacy regions for oversubscribed fifth fund
Adenia Partners, a Mauritius-based private equity firm that focuses on mid-sized businesses across Africa, geographically diversified its investor base for ......
Finance
IPO-bound Northern Arc set to secure capital from offshore backer
Northern Arc Capital Ltd, a non-banking finance company whose shareholders include global impact investment firms LeapFrog and Accion, as well as some ......
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