As of 30 June 2016, IFC’s exposure in India was $5 billion, largely in sectors such as infrastructure, financial services, logistics and healthcare.
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Tag: NephroPlus
Foodtech start-up BOX8 secures $1 m venture debt from Trifecta Capital
Mumbai-based on-demand food delivery start-up BOX8 has raised about $1 million (Rs 7 crore) in venture debt funding from Trifecta Capital. This development comes right on the heels of the start-up raising $7.5 million (Rs 50 crore) Series B funding from IIFL Seed Ventures Fund and Mayfield Ventur…
NephroPlus raises Rs. 100 cr from SeaLink capital partners and International Finance Corporation
NephroPlus, India’s largest dialysis service provider network, August 24 announced that it has raised Rs.100 Crores in Series C funding led by SeaLink Capital Partners (SCP) and International Finance Corporation (IFC, a member of the World Bank Group). Heramb Hajarnavis, Managing Partner, SeaLink…
Startups, Govt begin work on affordable cure for the poor
For dialysis patients in rural areas, a ride to the nearest city hospital for treatment is usually a trying one. But a state in southern India is now ensuring that it is no longer part of the deal, with a little help from a startup. The Andhra Pradesh government recently tied up with dialysis pro…
IFC focus on startups in healthcare, edu-tech and clean technology among others
International Finance Corp, the private sector investment arm of the World Bank, is looking to ramp up its venture capital activity in India, a geography that represents the long-term investor’s second-largest portfolio globally. Buoyed by its investments in a string of leading Indian start…
Startups choose debt row over death by equity dilution
As private equity and venture capital investors are tightening and consolidating their investment portfolio in the startups space, an increasing number of startups are getting sensitised with the new emerging `funding climate’ and are too looking towards debt funding to avoid further equity…