ADB to invest $100 million in NIIF of India FoF

April 2020

The Asian Development Bank (ADB) will invest $100 million in the National Investment and Infrastructure Fund (NIIF) of India Fund of Funds (FoF). With ADB’s investment in the NIIF platform, the FoF has now secured […]

Proparco invests Rs 1.07 billion in Avaada Energy

December 2019

PROPARCO, a French development financial institution, has made a Rs 1.07 billion equity investment in Avaada Energy Private Limited. Avaada has 405 MW of operational large-scale solar projects in India and about 1 GW of […]

Blackbuck raises Rs 560 million from Trifecta Capital

December 2019

Logistics tech start-up Blackbuck has raised Rs 560 million (approximately $7.83 million) in a mixed equity and debt funding round from venture debt fund Trifecta Capital. Blackbuck’s board has approved allotting Trifecta 322 Series D […]

Government to infuse Rs 10 billion equity in IIFCL

December 2019

The government is set to infuse Rs 8 billion-Rs 10 billion equity into India Infrastructure Finance Company Limited (IIFCL) to bolster its lending capability. The recent churn in the financial sector has seen private players […]

Blackbuck raises Rs 560 million from Trifecta Capital

December 2019

Logistics tech start-up Blackbuck has raised Rs 560 million (approximately $7.83 million) in a mixed equity and debt funding round from venture debt fund Trifecta Capital. Blackbuck’s board has approved allotting Trifecta 322 Series D […]

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