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GIC-backed Bandhan Bank to acquire Gruh Finance in share-swap deal

Finance

07 January, 2019

GIC-backed Bandhan Bank to acquire Gruh Finance in share-swap deal

Bandhan Bank Ltd has agreed to acquire mortgage lender Gruh Finance Ltd in a transaction that will boost its housing ......

Sands Capital, IFC invest more in logistics-tech startup Blackbuck

TMT

28 December, 2018

Sands Capital, IFC invest more in logistics-tech startup Blackbuck

Zinka Logistics Solutions Pvt. Ltd, which operates business-to-business tech-enabled logistics startup Blackbuck, has raised Rs 87.02 crore ($12.43 million at ......

IFC plans co-investment with Lighthouse in footwear maker Aqualite

Consumer

24 December, 2018

IFC plans co-investment with Lighthouse in footwear maker Aqualite

International Finance Corporation (IFC), the private-sector investment arm of the World Bank, plans to co-invest with India-focused mid-market private equity ......

Accel, IFC and others invest in B2B marketplace Moglix's Series C round

TMT

18 December, 2018

Accel, IFC and others invest in B2B marketplace Moglix's Series C round

Online business-to-business (B2B) industrial goods marketplace Moglix has raised $23 million (Rs 164 crore) in its Series C round led ......

Naspers leads $540-mn investment round in Byju's

TMT

17 December, 2018

Naspers leads $540-mn investment round in Byju's

Bengaluru-based Think and Learn Pvt. Ltd, which runs ed-tech startup Byju’s, has raised $540 million (Rs 3,855 crore at current ......

Logistics & warehousing investor IndoSpace creates $1.2 bn corpus for latest fund

Infrastructure

14 December, 2018

Logistics & warehousing investor IndoSpace creates $1.2 bn corpus for latest fund

Mumbai-based industrial real estate investor IndoSpace Logistics Parks has hit the final close of its third fund at $1.2 billion ......

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

Finance

12 December, 2018

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-dedicated fund by the end ......

CPPIB, General Atlantic & others back Byju's in Naspers-led mega funding round

TMT

11 December, 2018

CPPIB, General Atlantic & others back Byju's in Naspers-led mega funding round

Think and Learn Pvt. Ltd, which operates ed-tech venture Byju’s, has raised $322.64 million (around Rs 2,300 crore at current ......

IFC may offer $50 mn in debt funding to Ujjivan Small Finance Bank

Finance

06 November, 2018

IFC may offer $50 mn in debt funding to Ujjivan Small Finance Bank

International Finance Corporation (IFC) plans to offer up to $50 million (Rs 350 crore) in debt financing to Bengaluru-based Ujjivan ......

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How IFC spun $200 mn from financial services portfolio before market downturn

Finance

02 November, 2018

How IFC spun $200 mn from financial services portfolio before market downturn

International Finance Corporation (IFC), the private-sector investment arm of the World Bank, partially sold stakes in four Indian financial services ......