Ecom Express closes $36 million funding round from CDC
The funding tap is open for a host of ventures looking to scale up game. Post the latest equity financing, its overall staff base will increase to 47,000 over next 12-24 months.
CDC Group makes $36 million equity investment in Ecom Express
Warburg Pincus-backed Ecom Express is a tech-enabled Indian logistics company.
CCI approves Adani's 23.5% stake-buy in Mumbai International Airport
As per the combination notice filed with CCI, the transaction involves a...
Indifi raises Rs 145 crore in Series-C funding led by CDC Group
Nearly 80% of India’s MSME enterprises still depend on informal sources to meet their funding requirements.
IIFL Finance to raise up to Rs 1,000 crore through bond issuance
The bonds will offer the highest yield of 10.50 per cent per annum for tenor of 69 months. It also offers 10 per cent per annum for short tenor of 15 months for the secured category.
BigBasket gets Rs 100 crore in venture debt from Trifecta Capital
Grocery etailer raised the amount in venture debt to fund working capital needs, expansion.
IIFL Finance likely to raise up to Rs 1,000 crore via bonds
The bonds may be offered in early August and are aimed at diversifying the NBFC’s borrowing portfolio.
RBL Bank looks to sell shares to raise Rs 3,500 crore: CEO
Move to help bank explore newer lending areas, maintain growth in retail banking
EverSource eyes minority stake in CDC-backed Ayana
EverSource plans to invest about $100 million in Ayana, backed by CDC Group Plc, the development finance institution owned by the UK govt, according to two people aware of the issue.
BigBasket targets revenue of Rs 6300 crore in FY20
Menon said the company has ventured into new areas of business milk supply, beauty products and installation of unmanned vending machine at apartment complexes.
BigBasket raises $150m in funding, targets profitability this year
Firm in unicorn country after raising $150m in a round led by Mirae Asset-Naver Asia, Alibaba and CDC Group.
Omnivore raises $97 million for its second fund
VC firm looks to back entrepreneurs working to disrupt food systems in India.
South Korea’s Mirae leads $150m round in BigBasket
The round has valued BigBasket at close to $1.2 billion, marking its entry into the unicorn club of private companies valued over $1 billion.
Proud of the pivotal role in providing capital to funds, entrepreneurs in mid-1990s: CDC’s Nick O’Donohoe
When there as not much capital in India, particularly private equity, CDC played a critical role by seeding many of the funds in the country...
GOP pushes late-term abortion ban toward House passage
WASHINGTON (AP) — Many late-term abortions would be outlawed under legislation Republicans pushed toward House passage Tuesday, a bill that won't reach an eager President Donald Trump because it faces certain defeat in the Senate.
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