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Posts Tagged ‘ IFC ’

Sands Capital, IFC & others to invest $30 mn in logistics startup BlackBuck

Monday, February 27, 2017 | More »

funding-investment4
Tiger Global-backed logistics startup BlackBuck has received an investment commitment of $30 million (around Rs 200 crore) in its Series C funding round from a group of new and existing investors, including Sands Capital and World Bank’s arm International Finance Corporation (IFC). Citing two unna...

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B2B logistics startup BlackBuck to raise $10 mn from IFC

International Finance Corporation plans to make an equity investment of up to $10 million (Rs 68 crore) in logistics startup BlackBuck for a minority stake, the World Bank’s private-sector arm said. The investment will help BlackBuck, operated by Bangalore-based Zinka Logistics Solutions Pvt. Ltd,...

19 January, 2017 | More »

Vidyartha

Ed-tech startup Byju’s buys student profile-builder Vidyartha

Ed-tech startup Byju’s has acquired Bangalore-based learning guidance tool and student profile-builder Vidyartha for an undisclosed amount. Vidyartha offers customised guidance platforms to schools to help students of classes 8-12 with their learning needs. It works with schools to create academic...

17 January, 2017 | More »

Byju Raveendran, founder and chief executive of Byju’s

Exclusive: Ed-tech startup Byju’s to acquire gaming apps in US for up to $30 mn

Bangalore-based ed-tech startup Byju’s, incorporated as Think & Learn Pvt. Ltd, is scouting for acquisitions in the US to accelerate its international expansion. The company is evaluating a couple of gaming and learning apps that cater to the lower grades, starting from kindergarten. Byju Rave...

12 January, 2017 | More »

BigBasket

BigBasket targets 45% revenue from private labels by March 2017

The country’s top online grocer, BigBasket, is ramping up its private label business eyeing higher margins. It expects private labels to contribute 45% to its overall revenue by March next year; currently, that number stands at 33%. Over the next three months, the Bangalore-based company will ...

22 December, 2016 | More »

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Ed-tech startup Byju’s raises $15 mn from IFC

Ed-tech startup Byju’s has raised $15 million from International Finance Corporation (IFC), the World Bank’s private-sector investment arm. VCCircle had first reported in July that Byju’s was close to raising between $25 million and $50 million for international expansion, and had named IFC as...

20 December, 2016 | More »

healthcare-fe

Healthtech startup Stasis Labs raises $5 mn

Stasis Labs, a cloud-powered health monitoring company, has raised $5 million in its seed investment round led by RTP-Healthcare Ventures, the healthcare-focused investment arm of RTP Ventures. The round also saw participation from Wonder Ventures, Techstars Ventures, and others. The funds will be u...

15 November, 2016 | More »

Money111

Byju’s set to raise $50 mn for international expansion

Ed-tech company Think & Learn Pvt Ltd announced on July 24 that it is set to raise $50 million that will be used for inorganic growth through global acquisition and international expansion of its online test preparation platform Byju’s Learning App. While the company did not disclose the sourc...

25 July, 2016 | More »

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Lenskart raises $60 mn from IFC, Ratan Tata and others

Eyewear e-tailer Lenskart Solutions Pvt. Ltd said on Wednesday it has raised Rs 400 crore ($60 million) in its Series D round of investment from International Finance Corp, TPG Growth and other investors. Adveq Management, IDG Ventures, Tata Sons chairman emeritus Ratan Tata and Infosys co-founder K...

4 May, 2016 | More »

What's-On-India

TV search & electronic programming guide What’s-On-India raising $6M afresh led by IFC

International Finance Corporation (IFC) is looking to lead a $6 million round of funding in TV search and electronic programming guide (EPG) company Whats On India Media Pvt Ltd which runs its operations under the What’s-On-India brand. The World Bank arm is looking to invest $4 million in the Mum...

5 November, 2013 | More »

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