November 5th, 2018Dubai based venture capital firm BECO Capital has reportedly raised an amount of $10 million for its second fund from the popular International Finance Corporation (IFC) which is a member of World Bank Group.
This investment is basically a part of an effort to support technology start-ups and drive innovation across the Middle East...
May 8th, 2018Online eyewear firm Lenskart has earmarked about USD 2-3 million to invest in companies that are either working on product or technologies that can help to provide affordable eye care solutions.
As a part of the strategy, firm backed by Ratan Tata, Lenskart has invested about Rs. 3.3 crores in US-based ThinOptics. The intent of...
April 30th, 2018Shares of a well-diversified chemical company, Meghmani Organics gained 3.6 percent on Monday as the company acquired 24.97 percent equity stake in Meghmani Finechem.
The company's wholly-owned subsidiary, Meghmani Agrochemicals (MAPL) gave successful exit to International Finance Corporation (IFC) by acquiring 24.97 percent equity...
January 6th, 2017Renewable energy firm Hero Future Energies announced raising USD 125 million from International Finance Corp (IFC) for expanding its clean power generation capacities. IFC is picking up equity stake in the company at an investment of USD 125 million, Chairman and Managing Director of Hero Future Energies, the renewable energy arm of Hero...
December 21st, 2016IFC, a member of the World Bank Group, today said it has invested $15 million in online education startup BYJU's. This partnership will enable BYJU's to further their plans to make quality education accessible for students across the nation as well as in international markets, International Finance Corporation (IFC) said in a...
May 5th, 2016IFC, a member of the World Bank Group, is investing Rs. 171 Crores in Indian eyewear company Lenskart, to help the company expand access to high-quality and affordable eye-care products in tier-3, tier-4 cities.
IFC was the lead investor for the Rs. 400 cr Series D investment round which also saw participation from TPG Growth, Adveq...
