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World Bank arm IFC to invest $35 million in Manappuram Finance

International Finance Corporation (IFC) will invest $35 million (over Rs 250 crore) in non-banking financial company Manappuram Finance. The investment will help the low income...

Ujjivan Small Finance Bank could get ₹350 crore from IFC

International Finance Corporation (IFC), the investment arm of the World Bank Group, is looking to invest around ₹350 crore ($50 million), as debt capital...

Online insurance startup Coverfox could get ₹64 crore from IFC

IFC, lending arm of World Bank, is reportedly investing around ₹64 crore in Mumbai-based insurance aggregator Coverfox.
Portea Medical

Portea Medical secures ₹168 crore from Sabre Partners and others

Bangalore-based Portea Medical has raised new funding round to strengthen its position in the market as a one-stop solution for all healthcare needs.

Power2SME secures ₹64 crore from IFC to expand its business

Along with investing ₹64 crore ($10 million) in Power2SME, IFC will also advise the company to expand its operations beyond current 14 states.