Date | Title | Description |
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 | 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... |
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... |
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 | 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 ₹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 | 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 | 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 | 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 | 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... |
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 | 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... |
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... |
04.12.2023 | Circulate Capital completes $76m climate tech fund | GreentechInvestmentsNews
Gabriel Budi Sutrisno · 1d ago · 2 min readCirculate Capital completes $76m climate tech fund
The Circulate Capital team / Photo credit: Circulate Capital
Update (Dec. 5, 8 p.m. SGT): This article was updated to rev... |
27.09.2023 | Data snapshot: the largest funding rounds of the decade for Africa agrifoodtech | Data snapshot is a regular AgFunderNews feature in which we analyze agrifoodtech market investment data provided by our parent company, AgFunder.
Click here for more research from AgFunder and sign up to our newsletters to receive alerts ab... |
13.04.2023 | The Week in AgriFoodTech: ClimateAI raises $22m, Legit Group cooks up $13m, Farm.One reopens | This week, climate forecasting platform ClimateAI landed Series B funding and cloud kitchen startup Legit Group snagged Series A funds. Elsewhere, struggling Farm.One secured investment and reopened its farm in Brooklyn, and eGrocery startu... |
07.02.2023 | Partech raises €245 million for second Africa fund | Parisian investor Partech has announced an initial €245 million close for its second AfricaTech LP vehicle, surpassing its overall funds target of €230 million.
Partech Africa II's LP roster includes media group Bertelsmann and an African e... |
07.02.2023 | BII eyes full-stack startups, ag marketplaces & embedded financing as it earmarks funds for Africa | British International Investment (BII), the UK government’s development finance institution (DFI), is doubling down on its investments in Africa, particularly around agtech.
Formerly known as the Commonwealth Development Corporation, BII in... |
20.01.2023 | Why international DFIs are looking to African startups to scale impact investing efforts | Even as VC funding dries up across the world, development finance institutions (DFIs) are looking to African startups to deploy their dry powder.
British International Investment (BII), a DFI from the UK, told TechCrunch recently that it wi... |
15.12.2022 | Ventures Platform closes its pan-African fund at $46 million
TechCabal’s 2021 Year-End report
Success! | Ventures Platform, an early-stage, Africa-focused VC firm, has closed its early-stage and intercontinental fund at $46 million. The fund surpassed its initial target of $40 million and saw participation from several notable investors, inclu... |
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... |
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... |
28.10.2022 | Kinara Capital Closes INR approx 200 Crores in Fresh Equity, Led by British International Investment (BII) | Mumbai, Maharashtra, India
Existing Investors Nuveen and Triple Jump’s AMP Fund Participated in this Equity Round led by British International Investment (BII)
Funding to Advance Sustainable Financial Inclusion of Small Business Entrepreneu... |
14.10.2022 | British International Investment launches the African Climate Conversation platform | --> -->
United Kingdom’s development finance institution, British International Investment (BII), launched the African Climate Conversation (AFC) platform yesterday. The AFC platform is aimed at bringing together leading African voice... |
05.10.2022 | Data Snapshot: African agrifoodtech entrepreneurs and investors are focusing on the supply chain | Data Snapshot is a regular AFN feature analyzing agrifoodtech market investment data provided by our parent company, AgFunder.
Click here for more research from AgFunder and sign up to our newsletters to receive alerts about new research re... |
21.09.2022 | Data snapshot: 90% of African agrifoodtech investment went to Nigeria, Egypt and Kenya | Data Snapshot is a regular AFN feature in which we analyze agrifoodtech market investment data provided by our parent company, AgFunder.
Click here for more research from AgFunder and sign up to our newsletters to receive alerts about new r... |
20.09.2022 | BREAKING: Africa agrifoodtech startups raise $1bn in 5 years, but just 1% of global investment | Africa has seen a substantial rise in the volume of venture capital flowing into the continent. While the majority of investments go to Africa’s surging fintech sector, agrifoodtech startups are also seeing a bump in investor interest.
Last... |
14.09.2022 | British International Investment is planning a $100 million investment in Egyptian startups | British International Investment (BII), formerly known as CDC Group and a development finance institution (DFI) of the UK government, has announced its intention to invest US$100 million in Egyptian startups throughout the course of its cur... |
08.09.2022 | The Week in Agrifoodtech: $40m for crop intelligence, using tobacco for cultivated meat, Netherlands’ meat ads ban | This week, crop intelligence platform Taranis secured more capital for its aerial imagery and AI tech and BioBetter landed funds to turn tobacco into growth factors for cultivated meat. Online grocer Motatos bagged new capital, Uber and Nur... |
08.09.2022 | Akshayakalpa snags $15 mn from British International Investment, others | Credit: 123RF.com
Bengaluru-based organic dairy products manufacturer Akshayakalpa Organic has secured $15 million (around Rs 117 crore) as a part of its Series B funding round led by UK’s development finance institution (DFI) British Inter... |
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... |
19.08.2022 | Kenyan agritech, iProcure, raises $10.2 million Series B to drive East African expansion | Image Source: iProcure
iProcure, a Kenyan agritech startup, has recently secured a $10.2 million Series B financing led by Investisseurs & Partenaires. The funding, structured as debt and equity, will support iProcure’s expansion into U... |
18.08.2022 | Kenya’s iProcure closes $10.2m Series B to digitize rural supply chains in Kenya and beyond | Kenya’s iProcure, a startup offering agricultural inputs and digital supply chain solutions in rural Africa, has announced the closure of its $10.2 million Series B round.
The investment was in debt and equity which came from a number of in... |
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... |
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... |
11.07.2022 | British International Investment Announces $250 Million for Mahindra’s EV Venture | - |
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... |
30.06.2022 | BII announces $20m investment in mobility fintech Moove | British International Investment (BII), the UK government’s development finance institution, has made a $20 million, four-year structured credit investment in Moove – a mobility fintech democratising access to vehicle ownership in Africa.
... |
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 |
30.06.2022 | A look into the British DFI’s plan to invest in African economies, venture funds and tech startups | On April 4, the U.K.’s development finance institution, Commonwealth Development Corporation (CDC) Group, formally changed its name to British International Investment.
As part of the name change, the development finance institution (DFI) a... |
30.06.2022 | BII announces $20m investment in mobility fintech Moove | British International Investment (BII), the UK government’s development finance institution, has made a $20 million, four-year structured credit investment in Moove – a mobility fintech democratising access to vehicle ownership in Africa.
T... |
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... |
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... |
- | British International Investment is planning a $100 million investment in Egyptian startups | British International Investment (BII), formerly known as CDC Group and a development finance institution (DFI) of the UK government, has announced its intention to invest US$100 million in Egyptian startups throughout the course of its cur... |