General Atlantic pumps in more capital into Byju’s
Byju’s, which was valued at $8 billion after Tiger Global’s investment, did not reveal the exact amount invested by General Atlantic, but sources briefed on the matter indicated that the marquee private equity firm had pumped in a similar amount to that of the New York-based investor.
IFC, Korean company to buy minority stakes in PNB Housing Finance
PNB Housing is aiming to raise Rs 1,500-1,600 crore in a share sale by March this year.
IFC eyes 4.5% in Navi Tech for $30 mn
Navi Technologies is in the process of acquiring 100% stake in microfinance company Chaitanya Rural Intermediation Development Services Private Limited, which has a fully owned subsidiary, Chaitanya India Fin Credit Private Limited, which has made an application to the central bank for a universal banking licence.
IFC to invest USD 200 million in Mahindra Finance
"IFC (International Finance Corporation) has invested USD 75 million from its own account and is mobilising another USD 125 million as parallel loans," it said.
India's low-cost housing space is increasingly getting global attention
Funded by the UK’s Department for International Development (DFID) and the Swedish International Development Agency (SIDA), Reall has been in the affordable housing segment for over 30 years, helping more than 3.5 million people across Asia and Africa.
Cube Highways wins TOT project with Rs 5,011 cr bid
Financial bids for the third bundle of toll-operate-transfer(TOT) auctions were opened on Wednesday. TOT was introduced in 2016 to monetise publicly-funded highways. Under the model, investors make a one-time payment in return for long-term toll collection rights.
VBHC changes tack; partners builders and land owners
“The terms for JDs (joint developments) are more favourable in the current market. Earlier we would buy large land parcels of 50 acres and build large projects, but now the focus is on smaller projects with quick turnaround,” said managing director Ram Walase.
PNB Housing Finance raises $ 100 million from IFC
Investment was made under RBI's automatic route in the revamped ECB framework.
Srinivasa Farms gets Rs 130 cr equity from IFC, plans Rs 300 cr expansion
The Hyderabad-based company is the only Indian poultry firm to have obtained equity funding from IFC, which has invested in some 70 poultry ventures across the globe.
IFC to lend half of $200 million support to Shriram Transport Finance
The institution also said the first tranche of USD 82 million has already been disbursed, which has half the contribution from IFC, while the rest will be coming over a period of time.
PNB Housing raises Rs 690 crore from IFC to push affordable housing
PNB Housing Finance Limited has raised $100 million from the International Finance Corporation to finance affordable housing projects and support the government's Housing for All by 2022 vision.
CX Partners, IFC, ADB may buy 80% in Indian School Finance
Private equity firm CX Partners, the ADB and the World Bank arm IFC are in the process of acquiring about 80% of Indian School Finance Co Pvt Ltd (ISFC), one of the leading non-banking financial companies in the education sector.
We do not deal with SMEs individually, work on aggregate basis: IFC
To undertake its lending activities, IFC primarily invests in Non-Banking Financial Companies (NBFCs) and Microfinance Institutions (MFIs), ...
Cholamandalam Investment raises $222 million from IFC
The investment also diversifies CIFCL's funding sources.
Overseas firms looking to invest in Ujjivan Small Finance Bank via IPO
The two are existing investors in Ujjivan Financial Services, the publicly listed holding company of the bank.
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