Asian Development Bank.
TMT
ADB Ventures, Dandekars' family office see an upside as Smart Joules gets new investor
ADB Ventures, the venture capital investment arm of the Asian Development Bank (ADB) that has backed a clutch of Indian ......
General
Deals Digest: Funding momentum jumps on back of four over $100 mn transactions
Overall funding secured by private companies touched multi-week highs as the cumulative value of capital raised touched nearly $1 billion, ......
Infrastructure
Norfund-backed renewable energy firm SAEL Industries raising fresh capital
Indian food processing and green energy company SAEL Industries Ltd, which is backed by a climate fund managed by Norwegian ......
Infrastructure
Saatvik Solar taps offshore lenders, PE firms for $263 mn funding
India's Saatvik Solar is in talks with international lenders to fund its 22 billion rupees ($263 million) expansion plan over ......
Infrastructure
Electric mobility company JBM gets $100 mn commitment from offshore investors
Electric mobility company JBM Ecolife Mobility, part of the listed auto-component company JBM Auto Ltd, has secured $100 million in ......
General
Grapevine: Zepto set to raise fresh funds; Flipkart-backed Shadowfax mulls IPO
Zepto is set to raise $310 million (about Rs 2500 crore), boosting its valuation to $5 billion—a 40% increase from its ......
Infrastructure
Consortium of new investors backs TPG-owned green player Fourth Partner Energy
A consortium comprising three marquee global investors has backed TPG-owned renewable energy major Fourth Partner Energy with an investment of ......
Finance
Actis set to pocket another LP cheque for Asia climate fund
UK-based private equity firm Actis is all set to onboard a multilateral financial institution as a limited partner for its ......
General
Grapevine: PE firms line up for Bharat Serums; IFC, ADB to invest in Fourth Partner
Five major global private equity firms - Warburg Pincus, Permira, EQT, Bain, and TPG - are interested in acquiring Bharat Serums and Vaccines (BSV) as the company's current ......
Healthcare
ADB extends $18 mn debt to Cygnus Medicare for north India expansion
The Asian Development Bank (ADB) has signed a Rs 150 crore ($18.1 million) cheque in debt financing to Cygnus Medicare ......
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