International Finance Corp.
Infrastructure
IFC may lend $34.3M to SEI Solar, $40M to PE-backed PTC India Financial Services
International Finance Corporation (IFC), the private sector investment arm of the World Bank, is ramping up its exposure to renewable ......
General
Magma Fincorp acquires GE Capital India's housing finance & home equity loans biz
PE-backed Magma Fincorp has signed definitive agreements for the acquisition of 100 per cent equity share capital of GE Money ......
Technology
FINO Paytech CFO on the firm's new focus areas -- B2C and mobile payments
FINO PayTech Ltd (formerly FINO Ltd) is involved in the financial inclusion sector providing micro banking technology services besides helping ......
Manufacturing
IFC to part-finance ChrysCap-backed JMT Auto's capex
World Bank arm IFC is providing long-term finance to ChrysCapital-backed auto-component maker JMT Auto Ltd to support its capex plan, according ......
Commodities
IFC-backed JK Paper picking 20% stake in packaging JV with Oji and Marubeni
Paper manufacturing company JK Paper Ltd has joined hands with Japan’s Oji Holdings Corporation and Marubeni ......
Infrastructure
Husk Power Systems raises $5M in Series A funding led by Acumen Fund and Bamboo Finance
Husk Power Systems Inc, a renewable energy startup engaged in rural electrification and power generation, has raised $5 million (Rs ......
General
Equitas gets $26M equity infusion from IFC, existing investors
Equitas Holdings, a Chennai-based microfinance and micro-housing finance company, has raised $ 26 million (Rs 140 crore......
Manufacturing
IFC to lend $40M to OCL India
World Bank’s private investment arm International Finance Corporation (IFC) is lending $40 million to Orissa-based cement producer OCL India Ltd ......
General
IFC's India exposure rises to $3.8B, tops global portfolio
International Finance Corporation, a World Bank arm, has so far invested the maximum in India with a portfolio size of ......
General
PE-backed Magma Fincorp to raise $13M afresh to augment Tier II capital
Kolkata-based non banking finance company Magma Fincorp is looking to raise Rs 70 crore ($ 13 million) through an issue ......