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Consumer service aggregator Suvidhaa sees remittance unit as business driver, eyes white label ATMs

TMT

07 October, 2013

Consumer service aggregator Suvidhaa sees remittance unit as business driver, eyes white label ATMs

Mumbai-based Suvidhaa Infoserve Pvt Ltd, a tech firm which acts as an aggregator of consumer services, is looking to double ......

OrbiMed cuts size of second Asian healthcare fund, seeks to raise $300M

General

19 August, 2013

OrbiMed cuts size of second Asian healthcare fund, seeks to raise $300M

New York-based healthcare focused private equity firm OrbiMed has initiated the process to raise $300 million for its second pan-Asia ......

Fortis prunes debt by almost half but net loss bulges over three times to Rs 221Cr in Q1

Healthcare

08 August, 2013

Fortis prunes debt by almost half but net loss bulges over three times to Rs 221Cr in Q1

Fortis Healthcare Ltd, the largest healthcare service firm in India by revenues, sank deeper into losses in the first quarter ......

IFC invests $2.3M in education finance firm Avanse

General

07 August, 2013

IFC invests $2.3M in education finance firm Avanse

IFC, a member of the World Bank Group, is investing $2.3 million (Rs 14 crore) as equity in start-up firm ......

Cholamandalam reports 30% increase in PAT with strong growth in disbursements

General

01 August, 2013

Cholamandalam reports 30% increase in PAT with strong growth in disbursements

Non-banking finance company Cholamandalam Investment and Finance Company Ltd has reported 30.9 per cent year-on-year increase in standalone profit after ......

IFC picking up 10% stake in Rahul Dhir-led Africa-focused venture Delonex Energy for $60M

Infrastructure

12 July, 2013

IFC picking up 10% stake in Rahul Dhir-led Africa-focused venture Delonex Energy for $60M

International Finance Corporation (IFC) is investing $60 million in Africa-focused oil & gas explorer Delonex Energy, led by former Cairn ......

IFC to lend $3M to energy producer Azure Power

Infrastructure

11 July, 2013

IFC to lend $3M to energy producer Azure Power

International Finance Corporation (IFC) is providing a loan worth $3 million to independent energy producer Azure Power India Pvt Ltd. ......

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Agri-warehousing firm National Collateral raising $10M from Rabo Equity, IFC & IFFCO

Infrastructure

04 July, 2013

Agri-warehousing firm National Collateral raising $10M from Rabo Equity, IFC & IFFCO

Bangalore based Agri-warehousing company National Collateral Management Services Ltd (NCMSL) is raising $10 million (Rs 60 crore) in its Series ......

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Turkey's Trakya buys 50% in HNG Float Glass for $60M; IFC exits with 3.3x returns

Manufacturing

12 June, 2013

Turkey's Trakya buys 50% in HNG Float Glass for $60M; IFC exits with 3.3x returns

Turkish glass maker Trakya Cam Sanayii A.S. has bought 50 per cent stake in Kolkata-based HNG Float Glass Ltd (HNGFL), ......

NSL Renewable Power raises $5M from IFC

Infrastructure

29 May, 2013

NSL Renewable Power raises $5M from IFC

NSL Renewable Power Pvt Ltd (NRPPL), part of the Hyderabad-based NSL Group, has raised $5 million (Rs 28 crore) from ......

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