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

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...

Oxigen Services Plans Fund Raise

Oxigen Services Plans Fund Raise

Oxigen Services, a payment solutions provider is looking to raise $200 Mn from private equity investors, strategic investors and development financial institutions and is expecting to close the deal of $50 Mn as part of the first tranche by the end of this year.

Read More...