By Swaraj Singh Dhanjal
IFC uses masala bonds to raise rupee funds overseas, and brings the proceeds to India for investments.
BigBasket announced the acquisition of subscription-based hyperlocal delivery platform RainCan for an undisclosed amount on Thursday
Earlier this year, Capillary had closed a $20 million round from investors including existing backers Warburg Pincus and Sequoia Capital.
Faasos is nearing the close of a $35-million funding round and has reportedly attracted investor interest for another $75 million.
Startups are not blindly looking at Silicon Valley for talent, but hiring tech executives who have spent at least some time working in Indian internet companies.
In April, state-run China Railway Beijing Engineering Group won a tender worth over $300 million to build 40,000 houses in Jaffna.
Besides scouting for inorganic growth, the company is also investing in greenfield projects in India.
TPG Capital, Starwood Capital, Walton Street Capital and Tata Capital, which hold a combined 58% stake in Shriram Properties, will partly monetize their shares in the proposed IPO.
Founded in 2006, Leap Green is promoted by former Formula 1 driver Narain Karthikeyan’s family.
With this, CDPQ’s total investment in the Indian solar power producer stands at $240 million.