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IFC

Azure Power gets $135 mn from IFC, European lenders for rooftop solar unit

Infrastructure

01 June, 2018

Azure Power gets $135 mn from IFC, European lenders for rooftop solar unit

Azure Power Global Ltd has raised $135 million (Rs 900 crore) in debt funding from International Financial Corporation (IFC) and ......

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How True North's $200 mn insurance deal with Religare Enterprises unraveled

Finance

30 May, 2018

How True North's $200 mn insurance deal with Religare Enterprises unraveled

In April last year, financial services firm Religare Enterprises Ltd agreed to sell its health insurance unit to a consortium ......

Time Technoplast to get $40 mn in debt funding from IFC

Manufacturing

30 May, 2018

Time Technoplast to get $40 mn in debt funding from IFC

International Finance Corporation, the private-sector investment arm of the World Bank, plans to provide Rs 260 crore ($40 million) to ......

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IFC-backed Aadhar Housing Finance firming up plans for IPO

Finance

25 May, 2018

IFC-backed Aadhar Housing Finance firming up plans for IPO

Aadhar Housing Finance Ltd, which counts International Finance Corp. as one of its backers, is firming up plans for an ......

IFC plans $150 mn debt investment in HDFC Bank's NBFC unit

Finance

17 May, 2018

IFC plans $150 mn debt investment in HDFC Bank's NBFC unit

International Finance Corporation (IFC), the private-sector investment arm of World Bank, is planning to make a senior debt investment of ......

IFC plans to invest $50 mn in Encore ARC

Finance

09 May, 2018

IFC plans to invest $50 mn in Encore ARC

International Finance Corporation plans to invest up to Rs 325 crore (around $50 million) in Gurugram-based Encore Asset Reconstruction Company ......

Arohan Financial to get $20 mn in debt funding from IFC

Finance

08 May, 2018

Arohan Financial to get $20 mn in debt funding from IFC

International Finance Corporation (IFC) plans to invest about Rs 130 crore ($20 million) in Kolkata-based Arohan Financial Services Pvt. Ltd ......

IFC to invest more in WestBridge-backed Aptus Value Housing

Finance

03 May, 2018

IFC to invest more in WestBridge-backed Aptus Value Housing

International Finance Corporation plans to invest $15 million (Rs 100 crore) in Aptus Value Housing Finance India Ltd, doubling its ......

Facebook co-founder's VC firm, others back B2B startup Bizongo in $22 mn round

TMT

02 May, 2018

Facebook co-founder's VC firm, others back B2B startup Bizongo in $22 mn round

Bizongo, a business-to-business (B2B) marketplace for packaging materials, has raised $22 million (Rs 146.7 crore) in a Series B round ......

IFC set to back EV fleet operator Lithium Urban Technologies

TMT

30 April, 2018

IFC set to back EV fleet operator Lithium Urban Technologies

International Finance Corporation, the private-sector investment arm of the World Bank, is looking to invest up to $8 million (Rs ......