Ifc

This is the largest ever e-bus deployment project undertaken by IFC, which is a World Bank Group entity.

Mindspace REIT secures Rs 550 crore from World Bank-backed IFC via sustainability-linked bonds

The Rs 550 crore SLB has a tenure of eight years, receiving a 'AAA' rating from ICRA. Sources said that the bond has a semi-annual coupon of 7.414 percent

World Bank-backed IFC to invest $150 million in HDFC Capital realty fund, $1 billion corpus targeted

The fund is targeting the development of at least 25,000 homes in the affordable and mid segments, while keeping with green building and sustainability standards

Aditya Birla Real Estate subsidiary secures Rs 420 crore funding from World Bank-backed IFC for two projects

The funding will be allotted to the projects, in Pune and Thane, through two special purpose vehicles, Birla Estates said in a release.

Tata Capital files for mega Rs 15,000 crore plus IPO via confidential route; Tata Sons & IFC to sell shares in OFS

The move will make Tata Capital, the eight major Indian firm opting for the confidential pre-filing route after Tata Play, Oyo, Swiggy, Vishal Mega Mart, Credila Financial Services, Indira IVF and PhysicsWallah.

Alteria Capital ropes in IFC as anchor investor for its SME credit fund

While the firm is yet to mark the final close of SDS, it has already invested in companies such as Ivy Homes, Swara Fincare, Moneyview and TEN x YOU through the fund. Alteria plans to make as many as 50 investments over the next 2.5 years via SDS.

Brookfield REIT QIP sees 2x demand, LIC, IFC, mutual funds among investors

This is the second time that Brookfield REIT has taken the QIP route to raise funds since its IPO in February 2021. In August 2023, it Rs 2,305 crore by selling shares to institutional investors

Apollo Hospitals in talks to sell stake in multispecialty clinics chain, IFC to exit

IFC owns around 31 percent in the company and first invested in the Apollo subsidiary in 2016

HDFC Bank raises $500 million from IFC for on lending to women borrowers

The country's largest private sector lender will extend finance for income generation, fostering financial inclusion and socio-economic growth, as per an official statement.

Mahindra Group to aid US companies to expand manufacturing footprint in India

The Mahindra Group said it has an extensive experience in regulatory and policy matters, with an in-house team of experts, who will lend their expertise to give American companies a head-start on their manufacturing journey in India.

Fortis Healthcare arm SRL Diagnostics may tap Kotak, I-Sec and Morgan Stanley for IPO launch

The promoter group holds 57.68 percent stake while the bloc of private equity investors holds 31.52 percent in SRL Diagnostics. The investors include the likes of NY Jacob Ballas and the World Bank's development finance arm IFC

IFC to invest Rs 600 crore in M&M’s new last mile mobility company

This investment in Mahindra & Mahindra’s new wholly owned subsidiary last mile mobility (LLM) company will be in form of compulsory convertible instruments at a valuation of Rs 6,020 crore and will result in an ownership of between 9.97 percent and 13.64 percent for IFC in the new company

IFC invests Rs 300 crore in agro-chemical firm Crystal Crop Protection

International Finance Corporation (IFC), a member of the World Bank Group, is the largest global development institution focused on the private sector in emerging markets.

upGrad raises $210 million at $2.25 billion valuation in round led by ETS Global, Bodhi Tree

upGrad's multi-million dollar fundraise and aggressive hiring plans come at a time when edtech companies in India including some of the highest-valued unicorns like Unacademy, Byju's and Vedantu are firing hundreds of employees amid a decline in demand for their services

PayU and IFC invest Rs 114 cr in trade finance platform Vayana Network

Vayana plans to use the funds to build products focused on helping MSMEs better manage their working capital and become credit ready.

GEF Capital closes $200 million climate fund as CDC, IFC, others chip in

The other investors include European Investment Bank, Proparco, Swedfund, the US Development Finance Corporation and BIO, the city-based firm said in a statement on Tuesday.

Airtel Africa proposes to raise $194 million via debt from IFC

Airtel Africa is an integrated mobile network operator in 14 countries across sub-Saharan Africa.

HDFC Capital-backed realty player hires bankers for Rs 1,000-crore IPO

The existing investors of Signature Global include the World Bank’s investment arm International Finance Corporation (IFC), KKR, as well as HDFC Capital

Sembcorp raises S$675 million via bonds, IFC invests S$150 million

Sembcorp's SLB is the first issuance by an energy company in Southeast Asia and the region's largest such issuance to date.

Pandemic has IFC pumping $1.7 billion into local companies, up 51%

This is nearly half of its investment in the whole of South Asia since the pandemic, which touched USD 3.8 billion as of June 2021, it said.

Canadian pension fund OMERS to buy Azure Power Global's 19.4% stake for $219 million from IFC

Prior to this announcement, OMERS announced an investment of $121 million for a 22.4 percent stake in IndInfravit Trust. With that, it marked its first infrastructure deal in India. The transaction is expected to close in early August.

Blackstone, ICICI Group and BPCL backed Fino Payments Bank Files For Rs 1,300 cr IPO; first by a profitable fintech firm

Fino Payments Bank turned profitable in the fourth quarter of FY 20 and counts Airtel Payments Bank, Indian Post Payments Bank, Paytm Payment Bank, Jio Payments Bank & NSDL Payment Bank as its rivals.

IFC invests Rs 916 crore in Federal Bank for 4.99% stake

The investment is part of IFC’s initiative to support FBL’s commitment to environmental, social and governance (ESG) standards while strengthening its Tier 1 capital adequacy ratio (CAR) and expanding its micro, small and medium sized enterprises (MSME) and climate finance portfolios.

IFC and HDFC Ltd partner to boost affordable green housing projects

IFC had said that partnership with HDFC Ltd would help change perceptions about the green housing which is considered as a luxury market in the country. The World Bank Group arm said atleast 25 percent of the funding would be used for green affordable housing.

IFC invests $16.5 million in MedGenome to increase COVID-19 testing in India

The partnership, apart from increasing the access to COVID-19 testing, will also support research to better help understand the virus, its variants and manage future outbreaks, IFC and MedGenome said in a statement on Thursday.