Debt financing firm IntelleGrow lines up Rs200-cr debt fund
The firm, which operates as a nonbanking finance company (NBFC), provides debt for working capital needs of early-stage, high-risk small and medium enterprises, typically, in the social impact sector.
Financial services group Aavishkaar-Intellecap raises Rs 166.3 crore
Proceeds from the transaction, raised at the holding-company level, will...
IntelleGrow looks to strike a century
The venture debt firm, which focuses on service providers enabling financial inclusion, recycling and c...
Shell Foundation may invest $75 million in clean energy in India over next 5 years
Shell Foundation plans to allocate about half of its $150 million deployable funds in India’s clean energy sector over the next five years, a top official said.
Omidyar Network, Michael and Susan Dell Foundation invest Rs. 28 crore in IntelleGrow
The funding will be used by the Mumbai-based NBFC to increase its loan book to Rs. 500 crore, up from its current Rs. 50 crore book size.
We hope the idea of social enterprises becomes redundant: Jacqueline Novogratz, Acumen
All enterprises are expected to serve & make profit in a way that makes us all proud, says Acumen Founder Jacqueline Novogratz.
Intellegrow raises Rs 10 crore from Dell Foundation
Intellegrow, a debt financier to small businesses, today said it has raised Rs 10 crore from the Michael and Susan Dell Foundation for an undisclosed stake.
New strategy for 12th five year plan to include intangibles and uncertainties
The new strategy will include the aspirations of people, public and market sentiments, political will, governance issues, like corruption, to build the agenda.
A look at three models of philanthro-capitalism
A market based approach to philanthropy, with one eye firmly on the bottom line, can be an effective way for entrepreneurs to meet their social goals. take a close look at three such models of philanthro-capitalism.
Shell, Intellecash to provide collateral-free loans to SBUs
Shell Foundation and non-bank lender Intellecash have tied-up to provide collateral-free lending to small business units in the energy and infrastructure sectors.
Aavishkaar Group scoops up $37 mn in fresh financing from Dutch development bank
The impact investment platform will use the proceeds to further push into Africa and Southeast Asia; Is targeting AUM of $7 billion by 2025-26.
Nuveen puts Rs 232 crore in impact investment asset manager Aavishkaar
The investment, which has been made at the holding company level, will be used by Aavishkaar-IntelleCap Group to further shore up its stakes in subsidiaries.
UK joins International Solar Alliance on the eve of PM Modi's London trip
UK became the 62nd signatory member of the ISA. A total of 23 Commonwealth Countries are members of the ISA.
Hero Enterprise Chairman Sunil Munjal invests Rs 100 crore in new Aavishkaar fund
The investment, which has been made in Munjal's personal capacity, is part of the Rs 2,000 crore corpus that the social venture capital firm is targeting for its new investment vehicle.
AutoRaja winding up services, existing fleet may join Ola
AutoRaja's customer base has been dwindling over the past two months and a shutdown, which began in August, was completed about 45 days ago.
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