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Posts Tagged ‘ IFC ’

BigBasket targets 45% revenue from private labels by March 2017

Thursday, December 22, 2016 | More »

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 ...


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 »


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 »


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 »


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 »


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 »


Israeli ag-tech firm Kaiima raises over $65M from Li Ka-shing, IFC, Infinity Group & others

Israel-based seed technology firm Kaiima Bio-Agritech has raised more than $65 million in equity from three new investors as well as some existing ones, the company said on Tuesday. The three new investors are Horizons Ventures, which manages the private technology investments of Asia’s riches...

3 September, 2013 | More »


Ecolibrium secures $1.6M from IFC, Infuse Ventures

Ahmedabad-based energy management solution company, Ecolibrium Energy Pvt Ltd, has received $1.6 million from Infuse Ventures and International Finance Corporation (IFC), a statement said. In February this year, VCCircle had reported that IFC would join Infuse to invest an undisclosed sum in Ecol...

27 May, 2013 | More »


India slips in global ranking for ease of starting up biz, pegged at the bottom heap

While the number of entrepreneurs starting their own ventures has been gradually increasing in India, it doesn’t mean that starting a business in the country has become any easier. According to a report by The World Bank and its private sector investment arm the International Finance Corporation (...

23 October, 2012 | More »


PE-backed FINO buys Nokia’s prepaid mobile payment services biz in India

Mumbai-based financial inclusion services provider FINO has acquired the prepaid mobile payment business of erstwhile Nokia Mobile Payment Services in India for an undisclosed amount. The acquired firm has been christened Alpha Payment Services India Pvt Ltd, to be headed by Shweta Aprameya. It will...

27 June, 2012 | More »

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