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We are the UK's development finance institution and impact investor, backed by the UK Government. With over 70 years’ experience, we are a trusted investment partner to businesses in Africa, Asia and the Caribbean. We invest to create more productive, sustainable and inclusive economies, enabling people to build better lives for themselves and their communities. We currently partner with over 1,000 businesses, working with our investees to help them succeed and grow impactful businesses.
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Location: United Kingdom, England, Westminster
Employees: 201-500
Portfolio 134
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News 494
| Date | Title | Description |
| 21.03.2023 | British International Investment and Dolma Impact Fund II make their largest combined investment in the internet sector in Nepal | WorldLink Communications has received an investment of NRs 1.08 billion (approx. $8.4 million) from British International Investment (BII), the UK Government’s development finance institution and impact investor, and NRs 900 million (approx... |
| 21.03.2023 | British International Investment commits EUR 20 million to The Urban Resilience Fund | British International Investment (BII), the UK’s development finance institution (DFI) and impact investor, today announced a EUR 20 million commitment to The Urban Resilience Fund (TURF), launched by Meridiam. The investment is the DFI’s f... |
| 13.03.2023 | Africa receives investment boost to develop water infrastructure | Metito Utilities Limited (MUL), a global investor and operator of water, wastewater, and alternative energy management solutions, and British International Investment (BII), the UK’s development finance institution and impact investor, anno... |
| 03.03.2023 | British International Investment supports inauguration of Berbera Economic Zone | DP World and the Government of Somaliland today inaugurated the new Berbera Economic Zone (BEZ), which along with the Port of Berbera, is transforming the area into a major trade hub in the Horn of Africa. |
| 22.02.2023 | British International Investment commits $50 million to support food availability in Sudan | British International Investment (BII), the UK’s Development Finance Institution (DFI) and impact investor, has announced a $50 million investment to Invictus Trading, a subsidiary of Invictus Investment and a key partner handling the impor... |
| 03.02.2023 | Dairy company in India opens new model farm to promote sustainable farming | Last year, we invested in Akshayakalpa Organic to support the company’s expansion, with the aim of helping increase productivity and improve income for farmers, and bring more sustainably-farmed products to more consumers in India. Started ... |
| 31.01.2023 | What does it mean to be a responsible investor? | We know that building resilient businesses with strong environmental, social and business integrity practices is core to long-term growth and economic development. |
| 31.01.2023 | British International Investment appoints Chris Chijiutomi as MD, Head of Africa | British International Investment (BII), the UK’s development finance institution (DFI) and impact investor, has announced the appointment of Chris Chijiutomi as MD, Head of Africa. Moving on from his previous role at BII as MD and Head of I... |
| 31.01.2023 | EBRD and British International Investment provide US$ 100m subordinated loan to Banque du Caire | The European Bank for Reconstruction and Development (EBRD) and British International Investment (BII) are providing a US$ 100 million subordinated loan to Banque du Caire (BDC), one of Egypt’s largest banks, strengthening BDC’s Tier II cap... |
| 18.01.2023 | British International Investment celebrates 35 years of investing in Pakistan and renews pledge to back clean energy and financial inclusion | British International Investment (BII) celebrates 35 years of investing in Pakistan at a business reception at the British Deputy High Commission in Karachi on Tuesday. Pakistan is the first country that the UK’s development finance institu... |
| 10.01.2023 | Dozee partners with British International Investment to transform public healthcare in India | MillionICU, an initiative by Dozee, India’s first AI-based contactless Remote Patient Monitoring (RPM) & Early Warning System (EWS), has partnered with British International Investment (BII), the UK’s development finance institution (DF... |
| 09.01.2023 | British International Investment agrees $52 million loan to DBL Group | DBL Group has signed on to a $52 million credit facility provided by British International Investment (BII), the UK’s development finance institution (DFI) and impact investor. The loan facility will support DBL to establish Jinnat Textile ... |
| 15.12.2022 | British International Investment backs Zambian small businesses and climate entrepreneurs | British International Investment, the UK’s development finance institution and impact investor, has provided a $50 million loan to one of Zambia’s leading banks in a move designed to boost climate finance and entrepreneurship in the country... |
| 07.12.2022 | British International Investment and African Guarantee Fund sign $75 million programme to fund African SMEs | British International Investment (BII), the UK’s development finance institution and impact investor, and African Guarantee Fund (AGF), a leading Pan African guarantee provider, have today announced their partnership of a $75 million re-gua... |
| 02.12.2022 | We’re partnering with VentureESG to enhance ESG standards in the venture capital industry | We are delighted to announce a partnership with VentureESG to help accelerate the adoption of high-quality environmental, social and governance (ESG) – including business integrity – practices in the venture capital (VC) industry. |
| 30.11.2022 | British International Investment appoints Vipul Prakash as Managing Director and Head of SMART Industries | British International Investment (BII), the UK’s development finance institution (DFI) and impact investor, has appointed Vipul Prakash as Managing Director and Head of SMART Industries. Based in London and reporting directly to CEO Nick O’... |
| 29.11.2022 | British International Investment marks return to the Caribbean with $10 million investment in SEAF Caribbean SME Growth Fund | British International Investment (BII), the UK’s development finance institution and impact investor, today announces a $10 million commitment to SEAF Caribbean SME International LP. BII’s commitment brings the total fund size to $54 millio... |
| 14.11.2022 | British International Investment highlights need for further investment in water infrastructure development | At a panel today at COP27, hosted by the UK Pavilion, British International Investment (BII) emphasised the need for more focus on investment and climate planning in the water and sanitation sectors across Africa to meet the Paris Agreement... |
| 12.11.2022 | Adaptation & Resilience Investors Collaborative reaches key milestone with appointment of its Secretariat | The group of development finance institutions working together under the Adaptation & Resilience Investors Collaborative (the “Collaborative”), today announced the selection of UNEP-FI as the Secretariat of the initiative. |
| 09.11.2022 | British International Investment accelerates climate finance commitments at COP27 | British International Investment (BII), the UK’s development finance institution and impact investor, announced today that it has delivered $500m of climate finance so far this year and is on course to significantly exceed its annual 30 per... |
| 07.11.2022 | British International Investment signs $50 million climate loan to Bangladesh’s Pubali Bank | British International Investment (“BII”), the UK’s development finance institution and impact investor, announces today a $50 million loan to Pubali Bank Limited (“Pubali”), a leading universal bank in Bangladesh. The loan facility will hel... |
| 28.10.2022 | We have backed Kinara Capital to help expand sustainable financial inclusion in India through tech-enabled solutions | • Existing Investors Nuveen and Triple Jump’s AMP Fund participated in this Equity Round led by British International Investment (BII) • Funding will advance sustainable financial inclusion of small business entrepreneurs in India and suppo... |
| 26.10.2022 | British International Investment re-enters the Caribbean with ambition to back private sector growth and scale climate finance in the region | British International Investment (BII), the UK’s development finance institution and impact investor, marked its return to investing in the Caribbean at a business reception held at the British High Commission in Kingston. Hosted by Jesse N... |
| 25.10.2022 | New podcast episode: How is climate change affecting businesses in Africa and Asia? | The climate emergency is having a significant impact on communities all around the world, especially those living in Africa and Asia. A recent report from the UN’s Intergovernmental Panel on Climate Change (IPCC) said that 40 per cent of th... |
| 24.10.2022 | Majority of businesses in emerging economies impacted by extreme weather event in last 12 months | The accelerating pace of the climate emergency has been underlined by a new report that revealed that over half of companies in emerging economies have been impacted by extreme weather events over the last 12 months. |
| 20.10.2022 | British International Investment launches in South Africa with renewed pledge to accelerate clean energy investments and back inclusive economic growth | British International Investment (BII), the UK’s development finance institution (DFI) and impact investor, launched its new name at a business reception in Johannesburg and reaffirmed its commitment to invest to accelerate South Africa’s e... |
| 19.10.2022 | We’re investing in the African Forestry Impact Platform | Opportunity to scale sustainable forestry in Sub-Saharan Africa and deliver climate, community, and biodiversity benefits |
| 06.10.2022 | Safaricom Ethiopia switches on its network and services in Addis Ababa | Safaricom Ethiopia has today switched on its mobile telecommunications network and services in Addis Ababa, the country’s capital city. |
| 22.09.2022 | Light Microfinance raises ₹ 196 crores in Series B funding led by BII | Light Microfinance, one of the fastest growing MFIs in India, has raised Rs 196 crore in Series B funding led by British International Investment (BII), the UK’s development finance institution (DFI) and Impact Investor formerly known as CD... |
| 22.09.2022 | New podcast episode: Why invest in adaptation and resilience? | Adaptation and resilience-building solutions are needed urgently around the world. In fact, recent studies suggest that they are needed even more quickly than previously thought. However, despite the clear need for companies developing such... |
| 20.09.2022 | African agrifoodtech startups raise $1.1 billion in five years but still just 1 per cent of global market | The African agrifoodtech industry is rapidly gathering pace, according to the inaugural AgFunder Africa AgriFoodTech Investment Report in collaboration with the Dutch Entrepreneurial Development Bank (FMO) and British International Investme... |
| 09.09.2022 | HM Queen Elizabeth II, 1926 – 2022 | Everyone at British International Investment is deeply saddened by the passing of Her Majesty the Queen. She served the United Kingdom with grace and dignity during her extraordinary 70-year reign. We offer our sincere condolences to the Ro... |
| 08.09.2022 | We’re investing in Indian dairy company Akshayakalpa Organic | Akshayakalpa Organic, India’s first certified organic dairy enterprise that offers organic milk and milk products free from antibiotics, synthetic additives, hormones, and chemical pesticide residue, today announced the next significant mil... |
| 07.09.2022 | British International Investment reaffirms climate partnership with Egypt and reveals ambition to invest $100 million in Egyptian start-ups | At a business reception launching its new name in Egypt, British International Investment (BII), the UK’s development finance institution (DFI) and impact investor, announced its plan to invest $100 million in local start-ups over its curre... |
| 30.08.2022 | NMB Bank Secures $25 million clean energy funding from British International Investment | NMB Bank, one of the premier banks in Nepal with unique brand identify of sustainable and value-based banking has secured a first-of-its-kind $25 Million climate finance facility from British International Investment (BII), the UK’s develop... |
| 11.08.2022 | We have a new podcast episode: Addressing gender-based violence and harassment | Gender-based violence and harassment (GBVH) is a widespread and serious global issue that affects people in the workplace, their communities and homes. While gender-based violence and harassment can affect anyone, it disproportionately affe... |
| 27.07.2022 | British International Investment and FMO commit $116 million to African Infrastructure Investment Fund 4 | BII and FMO have today announced a joint commitment to African Infrastructure Investment Fund 4 (“AIIF4”), managed by African Infrastructure Investment Managers (“AIIM”). Their investment aims to support AIIF4 in reaching its $500 million t... |
| 21.07.2022 | British International Investment joins Standard Bank and H1 Holdings to back Scatec’s South Africa renewable energy technology project | British International Investment (BII), the UK’s development finance institution (DFI) and impact investor, has partnered with Standard Bank and H1 Holdings to successfully reach financial close on the first sizable battery energy storage a... |
| 18.07.2022 | We’re again sharing our approach to aligning with the Operating Principles for Impact Management | Today we’re pleased to publish our approach to aligning with the Operating Principles for Impact Management (the Impact Principles), the impact investment industry standard for good impact management. We’re a founding signatory to the Impac... |
| 18.07.2022 | We’re investing in Wysa to help address global mental health demand with AI digital therapeutics | Wysa, the leading AI digital platform for mental health, today announces it has secured $20 million in financing. Wysa will use this capital to further expand into the US, UK, India and other global markets across enterprises, payors, provi... |
| 12.07.2022 | We have a new podcast episode: Investing in fragile and conflict-affected states | - |
| 07.07.2022 | British International Investment backs Indian electric car venture with up to $250 million commitment | British International Investment (BII), the UK’s development finance institution and impact investor, is to invest up to $250 million in a new passenger electric vehicle venture to be launched by Mahindra & Mahindra, a leading Indian au... |
| 07.07.2022 | British International Investment backs RFL Electronics Limited with $23 million investment to enhance local manufacturing capabilities | British International Investment (“BII”), the UK’s development finance institution, has announced a $23 million loan to RFL Electronics Ltd (“REL”), a consumer electronics manufacturer based in Bangladesh and part of the PRAN-RFL group. The... |
| 06.07.2022 | British International Investment and INOKS Capital announce first-of-its-kind Africa-focused trade access programme | The investment purpose |
| 05.07.2022 | British International Investment makes record level of new commitments in 2021 | Last year, we made close to £2 billion of new commitments in 2021, as we focused on investments in some of the least developed economies in the world. |
| 04.07.2022 | Welcoming Manav Bansal as our new Managing Director and Head of India | |
| 01.07.2022 | Join us for our Investing with Integrity event in partnership with Transparency International | Impact investors play a critical role in international efforts to meet the United Nation’s Sustainable Development Goals. And as first movers in emerging and frontier markets, they often set the standard on responsible investment. Investing... |
| 30.06.2022 | British International Investment launches new name in Nigeria with US $20m commitment to mobility fintech Moove | Investment accelerates Moove’s mission to democratise access to vehicle ownership in Nigeria |
| 29.06.2022 | British International Investment, LeapFrog Investments, Asian Development Bank and Premji Invest lead $112 million investment in India’s Shubham Housing Development Finance Company | • The Investment will accelerate their growth and enable a larger platform to provide affordable housing finance to emerging consumers across India • Shubham’s tech-enabled home loans are improving access to housing finance for Indians excl... |
| 23.06.2022 | British International Investment to invest up to $200 million in African hydropower alongside Norfund and Scatec | • We are entering into the Norwegian DFI’s Joint Venture with Scatec, a leading renewable energy solutions provider, to invest in hydropower projects across Africa in huge boost to continent’s renewable energy • The JV’s investments are exp... |
| 23.06.2022 | Sharing our progress on accelerating adaptation and resilience to climate change | Today we’re pleased to publish our G7 Progress Report for the Adaptation & Resilience Investors Collaborative. Ahead of the G7 meetings in Germany next week, the report outlines the Collaborative’s progress to date and looks ahead to it... |
| 14.06.2022 | British International Investment and Symbiotics partner to launch first-ever Green Basket Bond across Africa, South and Southeast Asia | We have subscribed to a US $75 million Green Basket Bond arranged by Symbiotics, a leading emerging markets access platform and financial lender. The green lending programme will direct much-needed financing (across multiple currencies) to ... |
| 07.06.2022 | Nick O’Donohoe, Chief Executive of British International Investment, recognised in the Queen’s Jubilee Birthday Honours List for services to global impact investment | Nick O’Donohoe, Chief Executive of British International Investment, has been appointed a Companion of the Order of St Michael and St George (CMG) by Her Majesty the Queen in the 2022 Jubilee Birthday honours list. The Order of St Michael a... |
| 27.05.2022 | British International Investment celebrates $100 million milestone as it launches new name in Nepal | |
| 25.05.2022 | British International Investment reaffirms commitment to support Bangladesh’s private sector growth under new name | As part of celebrations to mark out new name, we held a reception in Dhaka on Tuesday 24 May. Hosted by our CEO, Nick O’Donohoe, and the British High Commissioner to Bangladesh, Robert Chatterton Dickson, the reception convened business lea... |
| 24.05.2022 | We’re partnering with Phatisa and other DFIs to invest into South African integrated food business | • Consortium of global development finance institutions back Phatisa-led investment • Expansion capital to drive growth and investment into cutting-edge, sustainable food production |
| 19.05.2022 | British International Investment celebrates completion of Atlas Solar PV project and Pakistan wind power projects | |
| 17.05.2022 | British International Investment and Citi agree $100 million risk-sharing facility to unlock supply chain finance for African businesses | We have signed a US$100 million risk-sharing facility for supply chain finance with Citi, a global leader in trade and supply chain finance solutions. |
| 13.05.2022 | British International Investment re-establishes its presence in Kenya | On Thursday evening, our CEO Nick O’Donohoe, joined British High Commissioner to Kenya, Jane Marriott OBE, at a reception to launch British International Investment in Kenya. |
| 12.05.2022 | We have a new podcast episode exploring the economics of development finance | We have a new episode in our Understanding Impact podcast series. In it, we explore some of the fundamentals of development finance with our Director of Research and Policy, Paddy Carter, and Mavis Owusu-Gyamfi, Executive Vice President at ... |
| 10.05.2022 | We’re partnering with Equity Group and IFC to support small business lending and climate-smart projects in Africa | We’re partnering with Equity Group Holdings to increase access to financial services for small businesses and fund climate eligible projects in six countries across Eastern and Central Africa. |
| 03.05.2022 | Meet the innovative start-ups helping communities adapt to climate change | To identify and support start-ups developing innovative solutions to pressing climate change challenges, in 2021 we partnered with EIT Climate-KIC to launch the ‘Adaptation and Resilience Challenge’. One year on, we’re pleased to announce t... |
| 29.04.2022 | New guidance for fund managers on the European Commission’s Sustainable Finance Disclosure Regulation (SFDR) | The Sustainable Finance Disclosure Regulation (SFDR), introduced by the European Commission, aims to improve the transparency around sustainable investment. The regulation has material implications for the private equity and venture capital... |
| 26.04.2022 | DFIs pledge to enhance collaboration in support of infrastructure development | The leaders of more than 15 Development Finance Institutions (DFIs), including British International Investment, gathered on 25 April to affirm their commitment to transparent and sustainable private sector investment in priority sectors es... |
| 25.04.2022 | Welcoming our new Head of Direct Private Equity for South Asia | We’re pleased to welcome Satish Chavva as our new Head of South Asia for Direct Private Equity. Chavva’s appointment will help enhance our portfolio development and deepen our partnerships with businesses and industry stakeholders across th... |
| 21.04.2022 | New podcast episode: Accelerating digital transformation for sustainable economic development | Listen on the player below or find us on Apple Podcasts, Spotify or wherever you get your podcasts. |
| 20.04.2022 | Our approach to investing into the Indo-Pacific region | The Foreign, Commonwealth and Development Office (FCDO) has announced a new UK-Indonesia roadmap and our intention to boost climate financing in the country. The Foreign Secretary announced British International Investment’s expansion into ... |
| 14.04.2022 | MedAccess announces new partnership to help meet country demand for COVID-19 vaccines | - |
| 08.04.2022 | Listen to Business Fights Poverty’s ‘Social Impact Pioneers’ podcast with BII’s Andrew Palmer | Our Director of Global Affairs, Andrew Palmer, recently joined Business Fights Poverty’s Social Impact Pioneers podcast to provide a ‘development finance 101’ – a comprehensive overview of how development finance institutions work and what ... |
| 07.04.2022 | New podcast episode: Why we need to equalise access to finance | - |
| 07.04.2022 | UK commits to scale investment in Zambia to boost sustainable green growth and inclusive development | On Tuesday evening, the UK’s Minister for Africa, Vicky Ford, joined our CEO Nick O’Donohoe in Lusaka to celebrate the launch of our new name, British International Investment. The event, which was attended by Ministers and business leaders... |
| 06.04.2022 | We’re anchoring a new impact fund from Aavishkar Capital | Aavishkaar Capital, the pioneering impact investing arm of the Aavishkaar Group, has closed in excess for INR 1,000 crores (c.US$ 130 Million) for its eighth impact fund overall and sixth fund dedicated to investing for impact in India. Loo... |
| 04.04.2022 | We are now British International Investment | • New name better reflects scope of our work • British International Investment to play key role in fighting the climate emergency |
| 01.04.2022 | We’re investing $89 million to scale renewable energy generation in India | We’ve announced a total commitment of US $89 million to scale clean energy capacity in India. |
| 10.03.2022 | We’re backing housing finance for women with INR 360 crores investment in Aavas Financiers Ltd’s Social Bond program | CDC Group, the UK’s development finance institution, is today announcing an INR 360 crores (c. US$50 million) investment in a Social Bond program by Aavas Financiers Ltd (“Aavas”), one of India’s leading affordable housing finance companies... |
| 03.03.2022 | We’re joining forces with Norfund to back renewable power development in South Africa | Norfund, the Norwegian investment fund for developing countries, and CDC Group, the UK’s development finance institution (DFI), are today announcing a commitment to invest ZAR 600 million in H1 Capital (Norfund 360 million and CDC 240 milli... |
| 01.03.2022 | Biovac and Development Partners Collaborate to Support South Africa’s Vaccine Manufacturing Expansion and Advance Long-Term Health Security Across Africa | To support South Africa and the African continent increase vaccine manufacturing capacity and reduce reliance on imports, a consortium of nine development and finance institutions have today announced a partnership with Biovac in Cape Town,... |
| 24.02.2022 | AgDevCo secures $90m of DFI funding to further invest in African agribusinesses to deliver jobs, incomes, and food | AgDevCo, the specialist investor in early-stage African agribusinesses, today announced a $90m package of new funding from the CDC Group, Norfund and DFC which will allow AgDevCo to continue to grow its investment activities in agriculture ... |
| 22.02.2022 | European DFIs sell debt in Plantations et Huileries du Congo SA (PHC) | The Development Finance Institutions (DFI) BIO of Belgium, CDC of the UK, DEG of Germany and FMO from the Netherlands have announced today that they will cease to be Lenders to PHC, the operating company of three longstanding palm oil plant... |
| 21.02.2022 | We’re partnering with FirstBank to support women and small business owners with a $100 million credit facility | We announced today a US$100 million finance facility to First Bank of Nigeria Limited (FirstBank). This new facility will direct funding to women-owned and led businesses as well as to local small and medium-sized enterprises (SMEs) in Nige... |
| 17.02.2022 | We have a new ESG podcast episode on managing water risks | Global water use has doubled in the last 40 years. This increase in demand for water, alongside the effects of climate change, mean businesses need to take action to manage their water use. |
| 15.02.2022 | Welcome to the largest solar park in Africa | Welcome to Benban, Egypt, home to the largest solar park in Africa. It spans 37 kilometres and has a total generation capacity of around 1.8 gigawatts, which is enough to power hundreds of thousands of homes. |
| 14.02.2022 | We’ve appointed four new managing directors | CDC, the UK’s development finance institution that will soon be renamed British International Investment (BII), has appointed four new managing directors. |
| 11.02.2022 | We’re providing $30 million anchor commitment to AXIAN Telecom’s public listed bond | We’re announcing our anchor commitment of $30 million to AXIAN Telecom’s inaugural 5-year $420 million public bond offering. |
| 04.02.2022 | Celebrating the acceleration of ESG standards in emerging markets | As we announce the winners of the inaugural ESG Performance Award for Private Capital Funds, the high standard and significant number of nominations places emerging market fund managers at the forefront of global ESG standards. |
| 03.02.2022 | We’re partnering with Gul Ahmed Metro Group to scale renewable power in Pakistan | CDC Group (soon to become British International Investment – BII) and Gul Ahmed Metro Group (GAM), are today announcing their partnership to form the Metro-BII Renewables joint venture. The new joint venture builds on the existing partnersh... |
| 03.02.2022 | New Insight podcast episode: The future of impact led investing in Africa | - |
| 01.02.2022 | We’re pleased to welcome our new Ghana Coverage Director | |
| 27.01.2022 | We’re investing in TLcom’s $150 million pan-African tech fund | TLcom, an Africa-focused venture capital firm, has today announced a first close of $70 million for its $150 million Africa focused tech fund. We are investing alongside other development finance institutions, including IFC, Proparco and Sw... |
| 26.01.2022 | Globeleq’s Malindi solar plant exports 40MW to Kenya’s national grid | Globeleq – a power company in Africa which we are a majority shareholder of – and its project partner, Africa Energy Development Corporation (AEDC), has indicated that its 52MWp Malindi Solar photovoltaic (PV) plant has been exporting 40 me... |
| 24.01.2022 | Ayana Renewable Power hits 1GW target | Ayana Renewable Power – a clean energy company we launched in 2018 – has today announced it has now reached 1 gigawatt (GW) of renewable energy operational capacity in India. |
| 20.01.2022 | Britain’s DFI beats 2020 Africa Investment Summit pledge to invest £2 billion in Africa | CDC Group, the UK’s development finance institution, today announced that it had exceeded its 2020 commitment to invest £2 billion in Africa over the last two years. |
| 13.01.2022 | Listen to our podcast: How a financial institution responded to COVID-19 | We have a new podcast episode in our Understanding Impact series. |
| 17.12.2021 | G7 DFIs to enhance collaboration through DFI Alliance | The G7 Development Finance Institutions (DFIs) and the Association of bilateral European Development Finance Institutions (EDFI) met today to deepen their collaboration on G7 matters through the DFI Alliance. DFIs are committed to promoting... |
| 16.12.2021 | This podcast episode explores our new five-year strategy in more depth | In 2017, we launched a five-year strategy, which aimed to tackle the key development challenges facing countries in Africa and South Asia. A lot has changed since then – the pandemic has pushed hundreds of millions into extreme poverty, cli... |
| 15.12.2021 | CDC Group backs Global IME Bank Ltd with $25 million loan to boost Nepal’s priority sectors | CDC Group (soon to become British International Investment), the UK’s development finance institution, has announced a US $25 million loan to Global IME Bank Ltd (“GIME”), one of the largest commercial banks in Nepal. CDC’s commitment will ... |
| 15.12.2021 | CDC Group invests in Medical Credit Fund to support health entrepreneurs in sub-Saharan Africa | Medical Credit Fund (MCF), the only debt fund fully dedicated to the African health sector, today announced the completion of a EUR 32.5 million fundraise of its second fund (MCF II). This financing round will expand the Fund’s presence and... |
| 14.12.2021 | We’ve announced our 2022 to 2026 strategy | We’ve published the full technical details of our next five year strategy. |
| 13.12.2021 | G7 Development Finance Institutions create platform to boost investment in fragile states | Development finance institutions funded by the G7 nations have announced the launch of a new platform designed to boost investment in fragile and conflict-affected states in Africa. |
| 06.12.2021 | Africa’s largest 3D-printed affordable housing project announced in Kenya | A new neighbourhood in a Kenyan town is to spring into existence in record time thanks to a world beating 3D printing technology. |
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Mentions in press and media 133
| Date | Title | Description |
| 11.06.2025 | FlexiLoans Raises INR 375 Crore in Series C Round to Boost MSME Lending The round was led by existing investors including Fundamentum, Accion Digital Transformation Fund, Nuveen, and Maj Invest, while... | Digital lending platform FlexiLoans has raised INR 375 crore in fresh equity funding as part of its Series C round, according to a press release issued by the company. The latest tranche adds to the INR 290 crore raised in September 2024, t... |
| 10.06.2025 | NBFC FlexiLoans Bags INR 375 Cr To Boost Its Product Offerings | SUMMARY FlexiLoans has raised INR 375 Cr in its ongoing Series C funding round in a mix of both primary and secondary deals The round was led by existing investor Nuveen with participation from other existing backers and a new investor, BII... |
| 24.05.2025 | From Euler Motors To CloudSEK — Indian Startups Raised $232 Mn This Week | SUMMARY Between May 19 and 24, Indian startups cumulatively raised $231.7 Mn across 16 deals, marking a 53% uptick from the $151.6 Mn raised across 24 deals in the preceding week While cleantech emerged as the investor favourite sector this... |
| 21.05.2025 | Empowering Change: The Rise of Clean Cooking and Gender Lens Investing in Africa | In the heart of Africa, a quiet revolution is brewing. It’s a movement fueled by clean energy and gender equity. Two recent developments illustrate this shift: BURN’s groundbreaking investment in electric cooking and Aruwa Capital Managemen... |
| 20.05.2025 | Vivriti Asset Management Secures USD 20 Mn from Austria's OeEB The Austrian development bank's investment aligns with its 2024–2028 strategy centered on green finance, SME development, and gender incl... | Vivriti Asset Management (VAM) has received USD 20 million commitment from the Development Bank of Austria (OeEB) for its Vivriti India Retail Assets Fund (VIRAF), raising the fund's capital base to USD 165 million. The fund, launched in Ma... |
| 20.05.2025 | CureBay Raises USD 21 Mn Series B to Scale Rural Healthcare Delivery The Series B round was led by Bertelsmann India Investments, with continued support from existing investors Elevar Equity and Briti... | CureBay, a hybrid healthcare platform focused on rural India, has raised USD 21 million in a Series B funding round led by Bertelsmann India Investments. The round also saw participation from existing investors Elevar Equity and British Int... |
| 19.05.2025 | Euler Motors Raises INR 638 Cr in Series D Round Led by Hero MotoCorp and BII The fresh capital will be deployed to expand Euler Motors' nationwide sales and service network and accelerate the develop... | Euler Motors, a New Delhi-based electric commercial vehicle manufacturer, has raised INR 638 crore in its Series D funding round. The round was led by Hero MotoCorp, marking its entry as a strategic investor, alongside continued participati... |
| 15.05.2025 | At second close, Lagos-based VC firm Aruwa raised $35 M, reached 90% of its Fund II | Aruwa Capital Management, an early-stage growth equity and gender lens fund manager founded by women in Lagos, has raised 90% of the US $40 million it set out to raise for its second fund, Aruwa Capital Fund II. One of the few women-owned a... |
| 12.05.2025 | ReNew Energy Global: $100 Million Investment Raised From BII | ReNew Energy Global – a leading decarbonization solutions company – announced it has secured an INR 8700 million ($100 million) investment from British International Investment (BII), the UK’s development finance institution and impact inve... |
| 10.05.2025 | Everything I heard at the AVCA Conference | Last week, the African Venture Capital Association (AVCA) brought its flagship VC Summit back to Lagos, the home of Africa’s unicorns, for the first time in a decade, and the timing could hardly have been more charged. Against a backdrop of... |
| 09.05.2025 | Beyond the Buyout: India’s investment outlook faces a geopolitical test | In this edition, we explore PE perspectives on escalating India-Pak tensions, study contrasting LP views on China, and uncover the growing potential of the Philippine PE market. Will investors bet on long-term opportunities amid political u... |
| 07.05.2025 | ReNew Receives $100M Investment From BII | ReNew, a Gurugram, India-based decarbonisation solutions company, raised US$100M investment from British International Investment. The company intends to use the funds to grow the business and expand its manufacturing capacity through the c... |
| 06.05.2025 | BII invests $100m in ReNew Photovoltaics, its first solar bet in India | British International Investment (BII), the UK government’s development finance institution, has made its first investment in India’s solar manufacturing sector, committing $100 million to ReNew Photovoltaics, a subsidiary of ReNew Energy G... |
| 06.05.2025 | British International Investment infuses ₹870 cr in ReNew’s solar arm | - |
| 07.04.2025 | Asha Ventures bags $10M from BII to boost impact-focused investments | Asha Ventures on Monday said it secured $10 million in funding from British International Investment (BII), the UK’s development finance institution and impact investor, bringing its debut fund closer to its $91 million target. The purpose-... |
| 07.04.2025 | Asha Ventures Fund I Receives USD 10 Million Commitment from British International Investment With the latest funding from BII, Asha Ventures Fund I continues to move toward its final close, aiming to... | Asha Ventures, a venture capital firm focused on impact-driven investments in India, has secured a USD10 million commitment from British International Investment (BII), the UK's development finance institution. The funding brings Asha Ventu... |
| 07.04.2025 | India Digest: Nabard, HSBC back OPL; BII commits $10m to Asha Ventures' fund | Indian digital credit infrastructure firm OPL secured a strategic investment from Nabard and HSBC. Separately, climate- and impact-focused venture capitalist Asha Ventures secured a commitment of $10 million from British International Inves... |
| 04.04.2025 | Clean Energy Startup Aerem Raises INR 100 Cr from UTEC, BII, SE Ventures to Accelerate Distributed Solar Growth The Series A capital infusion will also go towards expanding Aerem's tech stack, refinin... | Mumbai-based clean energy startup Aerem has raised INR 100 crore (approx USD 11.7 million) in a Series A funding round led by Japan's University of Tokyo Edge Capital (UTEC). The round also saw participation from British International Inves... |
| 28.03.2025 | [Weekly funding roundup March 22-28] Venture capital inflows see marginal rise | Venture capital funding into Indian startups saw a marginal increase in the last week of March. This has been a month with uneven fund inflow, revealing the challenges that the ecosystem continues to face with regard to raising capital. The... |
| 26.03.2025 | Agritech Startup Grow Indigo Secures USD 10 Mn from BII to Scale Carbon Farming Initiatives The funding will accelerate the expansion of Grow Indigo's regenerative agriculture programs across India, p... | Mumbai-based agritech startup Grow Indigo has raised USD 10 million from British International Investment (BII), the UK's development finance institution and impact investor. The funding will accelerate the expansion of Grow Indigo's regene... |
| 25.03.2025 | Agritech Grow Indigo bags $10M to expand carbon farming initiatives | Agritech startup Grow Indigohas raised $10 million from British International Investment (BII), the UK's development finance institution and impact investor. The startup plans to use the funds to accelerate the expansion of its transforma... |
| 25.03.2025 | Agritech startup Grow Indigo raised $10 M from British International Investment | British International Investment (BII), the UK’s development finance organization and impact investor, has contributed $10 million to the agritech startup Grow Indigo. The money raised will help Grow Indigo’s sustainability initiatives spre... |
| 25.03.2025 | Grow Indigo Bags $10 Mn To Boost Its Sustainable Agri Offerings | SUMMARY Agritech startup Grow Indigo has secured a strategic investment of $10 Mn from British International Investment The Mumbai-based startup plans to deploy the fresh proceeds to expand its sustainability programmes and scale up carbon ... |
| 21.03.2025 | Winpe Leadership Summit and Awards 2025 Charts the Future of PE-VC with Diversity at the Forefront | Mumbai, Maharashtra, India Winpe, a gender diversity-focused not-for-profit platform, successfully hosted the third edition of the Winpe Leadership Summit and Awards (WLSA) at Taj Lands End, Mumbai. The event convened top private equity and... |
| 20.02.2025 | Powering Growth: The Impact of Strategic Investments in Nigeria's Cocoa and Solar Sectors | In the heart of Nigeria, two significant investments are poised to reshape the landscape of agriculture and renewable energy. The British International Investment (BII) has committed $40.5 million to boost cocoa production, while Credit Fai... |
| 19.02.2025 | Credit Fair Secures USD 5 Mn to Boost Rooftop Solar Financing The funding will help the company expand its rooftop solar financing solutions, focusing on residential and MSME customers, particularly i... | Non-banking financial company (NBFC) Credit Fair has secured USD 5 million in debt from a USD 75-million green basket bond issued by Symbiotics Investments. The funding will help the company expand its rooftop solar financing solutions, foc... |
| 18.02.2025 | British International Investment commits $40.5m loan to boost cocoa production in Nigeria | British International Investment (BII), the United Kingdom’s development finance institution (DFI) and impact investor, has signed a $40.5 million loan facility aimed at boosting cocoa production in Nigeria. The signing ceremony was held on... |
| 11.02.2025 | Empowering Change: The Rise of Gender-Lens Investing in Africa and Beyond | In the heart of Africa, a revolution is brewing. It’s not a revolution of arms, but of ideas. It’s a movement driven by the belief that gender-lens investing can reshape economies and uplift communities. As we step into 2025, the landscape ... |
| 11.02.2025 | SBFC Finance Secures INR 4,000 Mn from BII to Empower MSMEs and Women Entrepreneurs The funding aims to bolster access to finance for low-income MSMEs and women entrepreneurs, fostering business growt... | SBFC Finance, a financier for Micro, Small, and Medium Enterprises (MSMEs), has secured INR 4,000 million in financing from British International Investment (BII), the UK's development finance institution and impact investor. The funding ai... |
| 07.02.2025 | Aruwa Capital Digest – January 2025 | Aruwa Capital Digest A summary of the latest news across our ecosystem Welcome to the seventh edition of the Aruwa Capital Digest! We’re excited to share the latest developments, highlights, and insights from Aruwa Capital in our first news... |
| 03.02.2025 | Captain Fresh Secures INR 250 Cr in Pre-IPO Round Led by Existing Investors Accel, Tiger Global Management, Prosus Ventures, Z47 (formerly Matrix Partners India), Evolvence Group, and British Internat... | Bengaluru-based seafood supplier startup Captain Fresh announced raising INR 250 crore in its pre-IPO funding round from existing investors. The round also attracted participation from prominent family offices, including Sriharsha Majety (C... |
| 01.02.2025 | The Financial Frontier: How Strategic Investments are Shaping the Future of Fintech | In the ever-evolving landscape of fintech, strategic investments are the lifeblood of innovation. Recent moves by major players like Itaú Unibanco and Visa illustrate this trend. These investments are not just about capital; they are about ... |
| 30.01.2025 | Moniepoint: Strategic Investment Raised From Visa To Advance Financial Inclusion For African SMEs | Moniepoint – one of Nigeria’s leading business payments and banking services platforms – announced it had secured an investment from Visa, a global leader in digital payments. This funding marks a significant milestone in Visa’s commitment ... |
| 24.01.2025 | Namdev Finvest Secures USD 38 Mn Debt Funding to Drive Sustainable Growth The fresh funds will enable Namdev Finvest to expand operations, serve underserved rural borrowers, and advance clean mobility... | Jaipur-based Non-Banking Financial Company (NBFC), Namdev Finvest Private Limited, has announced the raising of USD 38 million in debt funding from renowned Development Finance Institutions (DFIs), including Developing World Markets (DWM), ... |
| 24.01.2025 | For renewable assets in Southeast Asia, SUSI Partners raised $139 M from BII and FMO | For its Southeast Asia-focused strategy, Swiss fund manager SUSI Partners has raised an additional $139 million in investor capital, bringing its total size to $259 million. In a statement released on Wednesday, the company stated that sign... |
| 18.01.2025 | Vecmocon to Showcase its Deep-tech & Innovative EV Solutions at Bharat Mobility Global Expo 2025 | New Delhi, Delhi, India New Functional Safety BMS, Active Balancing BMS, Smart Swapping Station, and high-efficiency chargers in 2.2Kw, 3.3Kw, and above categories to be showcased Vecmocon will also be showcasing its AI platform innovation ... |
| 16.01.2025 | Euler Motors: Driving the Future of Electric Logistics in India | In the bustling landscape of India’s commercial vehicle sector, a new player is steering the wheel toward a greener future. Euler Motors, an electric vehicle (EV) manufacturer, has recently secured $20 million in debt funding from responsAb... |
| 15.01.2025 | Electric Vehicle Maker Euler Motors Secures USD 20 Mn to Transform Logistics Sector The funding supports Euler Motors' mission to electrify India's commercial vehicle sector by scaling production, adv... | Electric commercial vehicle manufacturer Euler Motors has raised USD 20 million in debt funding from responsAbility Investments AG, a global leader in impact asset management specialising in private market investments. This funding will bol... |
| 01.01.2025 | Mahindra Electric's Investment Journey: A Shift in Strategy | The electric vehicle (EV) landscape is shifting. Mahindra Electric Automobile Limited (MEAL) is at the heart of this transformation. Recently, British International Investment (BII) made headlines by trimming its investment commitment to ME... |
| 31.12.2024 | BII to Invest Rs 6.5 Billion in Mahindra & Mahindra | ECONOMY & POLICY BII to Invest Rs 6.5 Billion in Mahindra & Mahindra 31 Dec 2024 1 Min Read CW Team British International Investment (BII) has revised its investment in Mahindra Electric Automobile, a subsidiary of Mahindra & Ma... |
| 30.12.2024 | Mahindra Electric to get ₹650 crore as final tranche from BII group | Mahindra Electric Automobile Ltd (MEAL), a subsidiary of Mahindra & Mahindra, will receive ₹650 crore as the final tranche from British International Investment Plc (BII), which will be completed by March 31. Earlier the final tranche o... |
| 23.12.2024 | Singapore’s Tyme raised $250 M Series D funding from Nubank | The Singapore-based multi-country digital banking group Tyme Group revealed that it had raised $250 million in a Series D funding round, with Brazilian neobank Nubank serving as the lead. In a statement, Tyme stated that Nubank had strategi... |
| 17.12.2024 | Deals in brief: Alibaba to divest Intime, Tyme Group achieves unicorn status with Nubank-led Series D round, EQT finalizes PropertyGuru acquisition, and more | Alibaba to divest Intime as part of business restructuring Chinese e-commerce giant Alibaba Group has announced the sale of its department store unit, Intime Retail, to a consortium co-led by Youngor Fashion and Intime’s management team for... |
| 10.12.2024 | Multiples Private Equity Leads INR 1000 Cr Funding in Shubham Housing With the raised funds, the Gurugram-based platform aims to propel its growth trajectory, diversifying its product offerings and st... | Shubham Housing Development Finance Company Limited (Shubham) announced an impressive investment milestone, raising over INR 1000 crore in a funding round led by Multiples Private Equity. The round also witnessed participation from existing... |
| 10.12.2024 | Mahindra group is evaluating new opportunities in emerging sectors: Anish Shah | Anish Shah, the managing director and CEO of the Mahindra Group With rural consumption, government spending, and private sector investments identified as key drivers, the Mahindra Group has drawn up expansive capex plans, around Rs 30,000 c... |
| 09.12.2024 | BII Invests INR 82 Cr in DCDC to Enhance Access to Affordable Dialysis for Low-Income Patients With the fresh funding, the Delhi-based healthcare provider aims to enhance access to critical dialysis t... | DCDC Health Services (DCDC), operating under the brand DCDC Kidney Care, has secured a strategic investment of INR 82 crore from British International Investment (BII), the UK's development finance institution and impact investor. With the ... |
| 09.12.2024 | DCDC Health Services raised nearly $10 M from BII | British International Investment (BII), the UK’s development finance organization and impact investor, has made a strategic investment of Rs 82 crore (almost $10 million) in DCDC Health Services Private Limited (DCDC), which runs dialysis f... |
| 09.12.2024 | Dialysis clinics operator DCDC bags Rs 82 Cr investment from BII Recommended Stories For You | DCDC Health Services Pvt Ltd (DCDC) has secured an investment of Rs 82 crore from British International Investment (BII), the UK’s development finance institution and impact investor. The company, which operates dialysis centres under its... |
| 04.12.2024 | British International Investment Fuels India's Electric Vehicle Revolution | The electric vehicle (EV) landscape in India is buzzing with energy. British International Investment (BII), the UK’s development finance institution, is at the forefront of this transformation. With a recent commitment of $33.5 million, BI... |
| 03.12.2024 | British International Investment to invest $33.5M in Indian EV startups | British International Investment (BII), the UK’s development finance institution, has made investment commitments totalling $33.5 million in India’s electric vehicle (EV) sector. The commitments comprise $15 million in debt financing to Eve... |
| 19.11.2024 | The Green Surge: India’s Renewable Energy Landscape Shifts | India stands at a crossroads. The nation is embracing renewable energy with open arms, while traditional power sources still hold sway. Recent developments highlight this dynamic shift, showcasing the tug-of-war between old and new. The NTP... |
| 18.11.2024 | NTPC-ONGC Green JV Becomes Top Bidder for Ayana Renewable at $ 650 mn Morgan Stanley, others acquires 6.8% stake in PNB Housing for Rs 16.64 Bn Prestige Group acquires 22,135 sq m land in Mira Bhayand... | POWER & RENEWABLE ENERGY NTPC-ONGC Green JV Becomes Top Bidder for Ayana Renewable at $ 650 mn 18 Nov 2024 2 Min Read CW Team A joint venture between India’s NTPC Green Energy and ONGC Green Energy was reported as the highest bidder for... |
| 15.11.2024 | Vecmocon's $10 Million Boost: A Leap Towards EV Innovation | In the bustling world of electric vehicles (EVs), innovation is the lifeblood. Vecmocon, a Delhi-based startup, has just secured a significant $10 million in funding, led by the Ecosystem Integrity Fund (EIF). This investment marks a pivota... |
| 15.11.2024 | Vecmocon Technologies Secures USD 10 Mn in Series A Funding to Advance EV Intelligence The Delhi-based startup aims to use the funding to enhance R&D in high-voltage systems, ESS, 5G connectivity,... | Delhi-based vehicle intelligence startup Vecmocon Technologies has raised USD 10 million in the first phase of its Series A funding round. The round was led by Ecosystem Integrity Fund (EIF), with participation from Blume Ventures and Briti... |
| 08.11.2024 | The Shifting Landscape of India’s Energy and Infrastructure Sectors | India stands at a crossroads. The energy and infrastructure sectors are evolving rapidly, driven by innovation, investment, and a commitment to sustainability. Recent developments paint a vivid picture of this transformation. JSW Steel rece... |
| 08.11.2024 | The Green Surge: India’s Renewable Energy Revolution | India stands at a crossroads. The winds of change are blowing, and they carry the promise of a greener future. The recent surge in renewable energy investments signals a pivotal shift in the nation’s energy landscape. Major players like NTP... |
| 08.11.2024 | NTPC and ONGC likely to acquire Ayana Renewable Power Apollo Green Energy targets Rs 100 billion in renewables Kolkata Metro’s Orange Line Phase II deadline moved to March 2025 Solar efficiency, cost ... | POWER & RENEWABLE ENERGY NTPC and ONGC likely to acquire Ayana Renewable Power 08 Nov 2024 2 Min Read CW Team NTPC Ltd may join Oil and Natural Gas Corporation (ONGC) as an equal partner in ONGC's bid to acquire Ayana Renewable Power, a... |
| 26.10.2024 | Green Innovations: The Rise of Sustainable Solutions in India and Africa | In a world grappling with environmental challenges, two companies are lighting the way. Magpet Polymers in India and BasiGo in Kenya are not just businesses; they are beacons of hope. They embody the shift towards sustainability, driven by ... |
| 25.10.2024 | IndiGrid Q2 PAT up 2.7 times | Power infrastructure investment trust IndiGrid saw its Q2 net profit up 2.7 times at ₹95.6 crore and a 16 per cent rise in revenue at ₹806 crore, while EBITDA rose 31.3 per cent to ₹733.2 crore. The InvIT will be paying out ₹3.75 per unit i... |
| 23.10.2024 | Magpet Polymers secures ₹205 crore investment for India’s largest bottle-to-bottle recycling plant | Magpet Polymers, India’s first PET circular enterprise, on Wednesday announced a strategic investment of ₹205 crore from British International Investment, the UK Government’s development finance Institution and an impact investor. A memoran... |
| 23.10.2024 | BasiGo raises $41.5 million to put electric buses on the road | BasiGo, a Kenya-based electric bus startup founded in 2021, has closed a $24 million Series A equity round and an additional $17.5 million in debt funding. The round was led by Africa50, a pan-African infrastructure investor, the British In... |
| 03.10.2024 | Indifi Co-Founder Siddharth Mahanot Exits Indifi After 9 Years, Alok Mittal and Sangram Singh to Lead After the changeover, it is anticipated that Sangram Singh, the recently appointed chief executive... | Siddharth Mahanot, co-founder and executive director of digital lending platform Indifi, has announced his departure, concluding a nine-year tenure at the Accel and ICICI Venture-backed fintech firm. After the changeover, it is anticipated ... |
| 24.09.2024 | Microlending platform Aye Finance raised $30 M Series G funding | Aye Finance, a microlending platform, has raised Rs 250 crore ($30 million) in a Series G round headed by ABC Impact in Singapore. British International Investment, an impact investor and development finance organization in the UK that spea... |
| 21.09.2024 | Aye Finance: Fueling India's Microenterprise Revolution with New Funding | In the bustling world of Indian microfinance, Aye Finance stands out like a lighthouse in a storm. Recently, this microlending platform secured ₹250 crore (approximately $30 million) in a Series G funding round, led by Singapore's ABC Impac... |
| 20.09.2024 | Aye Finance raises ₹250 crore in Series G funding round | Aye Finance, an MSME lender and a non-banking finance company, has entered into definitive agreements to raise ₹ 250 crore in a Series G funding round. With this round, Capital G (Google parent Alphabet’s investment arm)-backed fintech’s eq... |
| 20.09.2024 | Microlender Aye Finance Secures INR 250 Cr in Series G Funding Led by ABC Impact With the raised capital, Aye Finance aims to scale its operations and enhance its ability to deliver value to its targe... | Microlending platform Aye Finance has raised INR 250 crore (USD 30 million) in its Series G funding round, led by Singapore-based ABC Impact. The funding round also saw participation from British International Investment (BII), a UK-based d... |
| 20.09.2024 | Aye Finance raises $30 Mn in Series G round | Microlending platform Aye Finance has raised Rs 250 crore ($30 million) in a Series G round led by Singapore’s ABC Impact. The round also saw participation from British International Investment, the UK’s development finance institution and ... |
| 13.09.2024 | Egyptian fintech startup Paymob raised additional $22 M Series B funding, total stands at $72 M | Paymob, an Egyptian fintech startup, has raised an additional US $22 million to extend its Series B round to US $72 million. This will allow the company to continue pursuing its growth strategy both domestically and throughout the MENA regi... |
| 12.09.2024 | Paymob's Bold Leap: A $22 Million Series B Extension Fuels Fintech Expansion in MENA | In the fast-paced world of fintech, Paymob is making waves. The Egypt-based financial services enabler has just announced a $22 million extension to its Series B funding round, bringing the total to a staggering $72 million. This move under... |
| 12.09.2024 | Paymob Extends Its Series B To US$72 Million With The Investments Of EBRD Venture Capital And Endeavor Catalyst The extension round follows Paymob's continued profitability in its core market of Egypt... | Egypt-based financial services enabler Paymob has announced a US$22 million Series B extension round, taking the company's total Series B funding to $72 million. The funding was led by EBRD Venture Capital, the venture investing arm of the ... |
| 11.09.2024 | MENA-based Paymob secures $22m in Series B+ funding led by EBRD Venture Capital | Paymob, an Egypt-based financial services enabler for MENA, has raised an additional $22 million in its Series B funding round, according to a statement on Wednesday. EBRD Venture Capital led the funding with participation from Endeavor Cat... |
| 21.08.2024 | Ankur Capital's Third Fund: A New Dawn for Disruptive Technologies | Ankur Capital is on the rise. The early-stage venture capital fund has secured commitments for its third fund, Ankur Capital Fund III. This time, it’s backed by two heavyweights: British International Investment (BII) and the John D. and Ca... |
| 21.08.2024 | The Rise of Venture Capital in India: A New Era of Investment | Venture capital is the lifeblood of innovation. In India, it’s pumping stronger than ever. Recent developments highlight this surge. Ankur Capital and Volt VC are two shining examples. They are navigating the dynamic landscape of startups, ... |
| 21.08.2024 | Ecom Express: A New Chapter in Indian Logistics | Ecom Express is on the brink of a significant transformation. The logistics company is gearing up for an initial public offering (IPO) that could raise a staggering Rs 2,600 crore. This move is not just a financial maneuver; it’s a statemen... |
| 21.08.2024 | BII and Norfund Invest in Indigrid's 6 GW Renewable Energy Projects New terminal to open at Vijayawada Airport before year end Andhra Pradesh to get seven new airports: Naidu Phase 3 of Namma Metro to... | POWER & RENEWABLE ENERGY BII and Norfund Invest in Indigrid's 6 GW Renewable Energy Projects 21 Aug 2024 1 Min Read CW Team British International Investment (BII) and Norfund have committed to investing in Indigrid?s ambitious 6 gigawat... |
| 21.08.2024 | MC Exclusive | Alphabet-backed Aye Finance appoints bankers for Rs 2,000-crore IPO | Alphabet-backed Aye Finance appoints bankers for Rs 2,000-crore IPO SME-focused non-banking finance company Aye Finance has roped in four arrangers for its upcoming initial public offering. Aimed at raising Rs 1,700–2,000 crore of capital t... |
| 21.08.2024 | Aye Finance seals ₹212-crore loan securitisation deal with Goldman Sachs | Aye Finance, a non-banking finance company, has closed a ₹212-crore business loan securitisation transaction with Goldman Sachs (India) Finance Pvt Ltd, the NBFC arm of Goldman Sachs in India. The transaction will allow the continued expans... |
| 20.08.2024 | BII and MacArthur commit fund III to support Ankur Capital | Two of the current Limited Partners of Ankur Capital, an early-stage venture capital fund, have committed to the fund’s third fund. Ankur Capital Fund III, the company’s third fund, has received commitments from British International Invest... |
| 20.08.2024 | Partners Group to sell stake worth Rs 931 Cr Partners Group to sell Rs 931 Cr stake in Ecom Express DRHP | The Security Exchange Board of India (SEBI) has received the draft red herring prospectus (DRHP) from logistics company Ecom Express in preparation for an initial public offering (IPO). Through a new equity share offering valued at up to Rs... |
| 20.08.2024 | Ankur Capital receives commitments from BII, MacArthur for its third fund Recommended Stories For You | Ankur Capital, an early-stage venture capital fund, has received commitments from two of its existing limited partners for its third fund. British International Investment and John D and Catherine T MacArthur Foundation have both made subs... |
| 20.08.2024 | Ankur Capital secures commitments from British International Investment, MacArthur Foundation for third fund | ETtechL-R: Rema Subramanian, Krishnan Neelkantan and Ritu Verma, cofounders, Ankur Capital Early-stage venture investor Ankur Capital, which backs startups in agritech, climate and deeptech, has raised fresh capital commitments from existin... |
| 20.08.2024 | India: Ankur Capital receives commitments from BII, MacArthur for its $150m third fund | Early-stage investor Ankur Capital, which focuses on businesses that use technology, has received commitments from two of its existing limited partners for its third fund that is targeting a corpus of $150 million (Rs 1,200 crore), per an a... |
| 15.08.2024 | IndiGrid partners Norwegian Climate Investment Fund, others to develop transmission projects in India | Power sector infrastructure investment trust IndiGrid said on Thursday that it has partnered with British International Investment (BII), Norwegian Climate Investment Fund and Techno Electric and Engineering Company to develop greenfield In... |
| 12.08.2024 | The Digital Wave: Ethiopia's Telecom Revolution and Financial Inclusion | Ethiopia stands at the crossroads of a digital revolution. The telecom sector is booming, and financial services are evolving. Safaricom Ethiopia is leading the charge, expanding its customer base rapidly. In just one quarter, the company a... |
| 12.08.2024 | Ethiopia: Safaricom Ethiopia Active Customers Hit 4.6mn in Q2 | Nairobi — Safaricom Ethiopia customer base grew by about 250,000 subscribers to 4.6 million in the quarter two (Q2) ending July as the telco rolls out an aggressive plan to grow user base. Between January and March, the company subscribers ... |
| 28.07.2024 | The Race for Healthcare Investment: A New Era in Medical Capital | The healthcare landscape is shifting. Private equity firms are circling like hawks, eyeing lucrative investments in medical institutions. The Asian Institute of Medical Sciences (AIMS) in Faridabad is the latest prize. With a valuation of ₹... |
| 28.07.2024 | The Race for Healthcare: Private Equity's Pursuit of AIMS | In the bustling world of private equity, competition is fierce. The stakes are high, and the players are formidable. Recently, a new battleground has emerged in the healthcare sector, specifically in India. The Asian Institute of Medical Sc... |
| 27.07.2024 | LeafLink's Bold Move: A New Era for Cannabis Banking | In the ever-evolving landscape of cannabis, LeafLink has made a significant leap. The acquisition of Dama Financial's banking division marks a pivotal moment for the cannabis industry. This deal is not just a transaction; it’s a lifeline fo... |
| 27.07.2024 | Private Equity Giants Compete for Majority Stake in Asian Institute of Medical Science General Atlantic and KKR are among 4-5 private equity firms vying for a majority stake in the Faridabad-based hos... | General Atlantic and KKR are among 4-5 private equity firms vying for a majority stake in the Faridabad-based hospital chain, Asian Institute of Medical Sciences (AIMS), according to informed sources. The potential deal is expected to value... |
| 26.07.2024 | IVCA's Climate and Sustainability Council 2024–26 to Catalyse a Green Investment Revolution in India | New Delhi, Delhi, India India’s apex industry body for alternative assets, the Indian Venture and Alternate Capital Association (IVCA), today introduced the new Climate and Sustainability Council for the term 2024-26. The council will be co... |
| 25.07.2024 | Poland-based salmon company Koral acquired by Captain Fresh | Captain Fresh, a seafood supply chain company, has purchased Koral, a Polish manufacturer and distributor of branded salmon products. The founder of the company, Boguslaw Kowalski, and Abris Capital Partners, a private equity firm specializ... |
| 02.07.2024 | Deals in brief: Jollibee to acquire majority stake in Compose Coffee, Heymax.ai snags USD 2.6 million, Google invests in BlackRock solar portfolio company, and more | NewsDeals in brief: Jirnexu to acquire MoneyHero’s Malaysian arm, Xurya receives additional USD 55 million, ten China and India deals, and more Written by KrASIA Writers Jirnexu, Xurya, Longbridge Group, and more led yesterday’s headlines: ... |
| 21.05.2024 | $152.5 M Digital Transformation Fund launched by Accion to assist small businesses with growth capital | Worldwide nonprofit Accion has introduced the US $152.5 million Accion Digital Transformation Fund (ADTx), which aims to give financial institutions the growth capital and strategic support for digital transformation they need to better mee... |
| 18.04.2024 | Powering Progress: BECIS Secures $50M for Southeast Asia Expansion | BECIS, a leading energy-as-a-service provider, secures a joint financing facility of $50 million from BII and FMO to grow its rooftop solar portfolio in South and Southeast Asia. This investment will help BECIS avoid 319,000 tonnes of CO2 e... |
| 15.04.2024 | BII and FMO back BECIS with joint US$50 million financing facility supporting commercial and industrial renewables sector in South-East Asia | The joint financing facility will support the energy-as-a-service provider to grow its rooftop solar portfolio in South and South-East Asia to nearly 350 MW by 2025, which will help avoid 319,000 tonnes of CO2 emissions per year. Supported ... |
| 26.03.2024 | BII and Idemitsu partner with Skye Renewables to accelerate decarbonisation in South-East Asia | A joint investment from BII and Idemitsu will support the renewable energy platform's target to build over 300 MW of greenfield solar power capacity for commercial and industrial customers in the region. The solar projects are expected to h... |
| 14.03.2024 | BII and Finnfund continue their support to women-led micro-enterprises in Pakistan through Kashf Foundation | BII and Finnfund continue their support to women-led micro-enterprises in Pakistan through Kashf Foundation Thu, Mar 14, 2024 08:00 CET Report this content Today, both British International Investment (BII), the UK’s development finance ins... |
| 18.01.2024 | BII and ADB Trade and Supply Chain Finance Program sign $100m risk sharing agreement to promote green trade in Asia, including Vietnam | BII and ADB forge partnership to increase access to finance to facilitate trade of green goods The risk sharing agreement will help international banks increase financing support to local banks in South and South East Asia, starting off in ... |
| 17.01.2024 | Singapore's Tyme Group delivers the world's fastest profitable standalone digital bank; over $215m annualised revenue | SINGAPORE, Jan. 17, 2024 /PRNewswire/ -- Singapore-based global digital banking group Tyme has achieved an annualised revenue run rate of SG $215 million in 2023, as its flagship South African operation TymeBank becomes the world's fastest ... |
| 04.01.2024 | The Week in AgriFoodTech: Fasal bags $12m to expand precision farming operation, Danone offloads Horizon Organic | It’s been a quiet couple of weeks in agrifoodtech as we stagger into 2024, but there have been a few noteworthy developments since our last installment: Indian precision farming co Fasal bagged $12 million from TDK Ventures and British Inte... |
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