022 24172311
Sections
Search
DealCurry
Equity
Venture Capital
Private Equity
M&A

Banner
DataBoard Demo
Venture Capital | 16 April 2012

IFC May Invest $5Mn In Infuse Capital

by Charmi Gutka
IFC May Invest $5Mn In Infuse Capital
Share on Social Media Email Facebook Twitter Linkedin
 
@Charmi
IFC may invest upto $5Mn in Infuse Capital - an incubation and early stage fund aimed at seeding and supporting scalable ventures in India through equity investment up to US $1.5Mn per venture.

Infuse is housed at Indian Institute of Management Ahmedabad's business incubator – the Centre for Innovation Incubation and Entrepreneurship ("CIIE") - and currently backed by BP Ventures (BP's corporate venturing arm) and Government of India's Ministry of New and Renewable Energy (MNRE) & Technology Development Board (TDB).

Infuse aims to raise a US$25 Mn fund that will invest in technology and business model innovation based entrepreneurial solutions across the cleantech vertical. INFUSE will bridge the early-stage equity gap in this sector and simultaneously build an enabling ecosystem for eco-ventures in India.

Trimax Raises R100Cr From Aditya Birla Capital

Trimax Raises R100Cr From Aditya Birla Capital

Aditya Birla Capital Advisors has invested R100Cr in Mumbai-based Trimax IT Infrastructure And Services Ltd.

Read More...

New Delhi Based Innefu Labs Plans Funding

New Delhi Based Innefu Labs Plans Funding

Innefu Labs, an authentication security firm, is planning to raise about R16 -23 Cr ($2.5 – 3.5 Mn) in Series A round for a 20% stake . The company intends to close the round in next three months and is in advanced talks with the VC funds.

Read More...
Subscribe
Enter your Email address
to receive all the news