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Posts Tagged ‘ International Finance Corporation ’

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

Monday, February 27, 2017 | More »

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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 »

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Eyewear e-tailer Lenskart raises funds from PremjiInvest

Eyewear retailer Lenskart Solutions Pvt. Ltd said on Tuesday it has raised funding from PremjiInvest, the private investment arm of Wipro Ltd chairman Azim Premji. Lenskart CEO and founder Peyush Bansal said PremjiInvest is the only investor in this follow-on round of funding. He didn’t disclose t...

6 September, 2016 | More »

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IFC may invest $10M in AV Birla’s personal finance services portal MyUniverse

International Finance Corporation (IFC) may invest up to Rs 60 crore ($9.7 million) to buy an undisclosed equity stake in Aditya Birla Customer Service Pvt Ltd (ABCSPL), which runsMyUniverse.com, an online personal financial services platform. MyUniverse will use the funding for building of product ...

30 September, 2014 | More »

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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 »