Page 3 - Ifc

IFC to invest $200 mn in Mahindra Finance to fund MSMEs in poor states

At least $100 million will be earmarked for women-owned micro, small and medium enterprises

Will invest $2-3 billion a year in India, says IFC country head Zhang

Jun Zhang speaks to Business Standard on how IFC views India's growth story. He says the institution will invest $2-3 billion in the country every year in the next few years

Chiratae Ventures to raise $20 mn from International Finance Corporation

World Bank's investment arm said that the proposed transaction is an aggregate $20 million equity commitment in Fund IV

IFC's first investment in a gold-loan NBFC, to invest $35 mn in Manappuram

Gold loan companies offer loans to financially-excluded customers and MSMEs by enabling them to monetise their gold without the need for documentary proof of income

World Bank arm IFC to invest $8 million in equity in lending firm Mintifi

The project would help provide uncollateralised small-sized working capital credit MSMEs to effectively reach underserved segments

IFC moves insolvency plea against infra firm Punj Lloyd before NCLT

IFC is seeking recovery of USD 30 million defaulted by Punj Lloyd

U.S. Supreme Court takes up dispute over power plant in India

The justices will hear an appeal by the villagers of a lower court ruling that the International Finance Corp was immune from such lawsuits under federal law.

IFC betting big on affordable housing in India: Mengistu Alemayehu

International Finance Corporation to create systemic impact, new asset class in quick time: Alemayehu

IFC to invest $5 million in Bizongo, backed by VCs like Accel, IDG Ventures

IFC proposed an equity investment as part of the company's fundraising round, with additional capital being provided by existing investors and new investors, said the World Bank's investment arm

IFC and Clearwater Capital to invest in distressed assets in India

IFC will be channeling financing to local companies in distress, supporting them to meet their financial obligations, achieve sustainable growth and contribute to job creation and local economic stabi

IFC to invest around $150 million in Aditya Birla Finance

The INR ECB loan will be issued under Track III of RBI's ECB guidelines. The NCD issuance shall comply with regulator Sebi's guidelines for green bonds.

IFC sees $3.1-trillion business opportunity in green ventures

The IFC study examined climate-investment opportunities in the six countries, which together generate 7.4 per cent of global carbon dioxide emissions

India's green building initiative: IFC to invest over $1 bn in next 5 years

IFC has planned an investment of around $5-6 billion for the next five years

IFC to invest $10 million in online freight-booking service Zinka Logistics

Bengaluru-based Zinka connects large and small shippers with truck owners

IFC taking equity in Hero's energy arm for $125 mn

IFC portfolio companies have set up a little over 3 Gw of different forms of RE projects in the country

IFC picks up $125-million equity stake in Hero Group's renewable energy arm

Hero Future Energies is the renewable energy arm of the Hero Group

IFC plans to invest $200-300 mn in healthcare sector

The proposed investments are targeted at healthcare, pharmaceutical and medical devices space, says Henrik Elschner Pedersen

IFC invests $67 million in Apollo Health and Lifestyle Ltd

In India, IFC's healthcare investments are over $477 million, representing 28% of its global healthcare portfolio