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IFC likely to invest in Advujant

International Finance Corporation, investment wing of The World Bank, is considering $20 million equity investment in Adjuvant Global Health Technologies Fund that manages healthcare fund in developing countries. Adjuvant is an ambitious life sciences investment company established to finance the development of drugs, vaccines, diagnostics, medical devices, and other technologies for public health challenges that disproportionately burden low- and middle-income countries.
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IFC is considering investment in Signature Global

International Finance Corporation, investment wing of The World Bank, is likely to invest around $30 million in a real estate company of New Delhi, Signature Global Private Limited. According to a disclosure. IFC said that it will invest in an upcoming project by Signature Global which will cost around $100 million. Founded in 2014, Signature Global develops affordable housing projects across Gurugram,
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IFC likely to invest in A91 Partners’ Fund

According to a disclosure, Indian Bangalore based Venture capital firm A91 Partners' Fund is likely to get funds of $25 million from the investment wing of World Bank, International Finance Corporation. A91 Partners is planning to raise between $250 million and $250 million, committed to invest in 10-15 startups in growth stage. The key industries they are looking to invest is consumer
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IFC considering investment in Shriram Transport

International Finance Corporation, investment wing of the World bank, is considering $200 million investment in India's largest used vehicle financier Shriram Transport Finance Company. Shriram Transport Finance company, founded in 1979, has over 1348 branch offices and 885 Rural Centres. It plans to raise up to Rs 700 crore through non-convertible debentures (NCDs). The base size of the public issue was
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IFC invests $65m in Altus Capital’s special situations fund

Altus Capital Partners has secured up to $65 million from the International Finance Corporation (IFC) for its special situations fund, Altus Special Situations Asia 1 LP (ASSA I). In a statement issued yesterday, Altus Capital said IFC and two funds managed by IFC Asset Management Company — IFC Financial Institutions Growth Fund and IFC Emerging Asia Fund — are investing in ASSA I, which
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IFC launches $1 billion masala bonds

A World Bank Group member, International Finance Corporation launched $1 billion Masala Bonds to strengthen India investments. The 1st Tranche of $100 million was opened last night on the London stock Exchange. It was sold to different sections of investors, including asset managers, banks and a pension fund in the US and Europe. Masala Bonds are used to raise funds overseas
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