Home > Archive by tag 'International Finance Corp.'

Posts Tagged ‘ International Finance Corp. ’

BigBasket raises $150M from Abraaj Group, IFC and others

Tuesday, March 22, 2016 | More »

Online grocer BigBasket.com has raised $150 million (about Rs 1,000 crore) in an expanded round of funding led by the UAE-based private equity investor Abraaj Group. Abraaj said in a statement on Tuesday the round saw the entry of new investors such as the International Finance Corporation and Sa...


IFC to invest up to $25M in Lenskart

International Finance Corp, the private lending arm of the World Bank, is on course to its second investment in an Indian e-commerce venture. It has committed to put in $25 million (Rs 170 crore) in Delhi-based Lenskart Solutions Pvt Ltd, which runs the back-end wholesale supply business of eye-wear...

22 February, 2016 | More »


IFC to invest $25M in BigBasket

International Finance Corporation, the private-sector lending arm of the World Bank, will invest around $25 million (Rs 163 crore) to pick up an undisclosed minority stake in online grocer BigBasket. This is IFC’s first known bet on India’s bustling e-commerce sector. IFC said on Tuesday...

13 October, 2015 | More »


Data centre firm NxtGen raises $13.5M from IFC, Axon Partners Group, Intel Capital

Bangalore-based IT infrastructure services provider NxtGen Datacenter & Cloud Technologies Pvt Ltd has raised $13.5 million (Rs 86 crore) from International Finance Corporation (IFC), private sector lending arm of the World Bank, Axon Partners Group and existing investor Intel Capital. The money...

1 July, 2015 | More »


IFC may invest up to $20M in Intel Capital-backed data centre firm NxtGen

International Finance Corporation (IFC), the private sector lending arm of the World Bank, is planning an equity investment and debt funding of up to $20 million (Rs 125 crore) in NxtGen Technology Pte Ltd, the Singapore-based parent of Indian IT infrastructure services provider NxtGen Datacenter &a...

20 March, 2015 | More »