IFC leads $222 mn debt funding round in Cholamandalam

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IFC, a member of the world bank group, has anchored an investment round of $222 million into Cholamandalam Investment & finance company (CIFCL) to help expand access to finance for micro and small.

IFC has led a $222 million debt investment round in Cholamandalam Investment and Finance. This is IFC’s third investment in Cholamandalam after investing in 2010 and 2014. Ather Energy, an electric scooter manufacturing startup, has received a funding of $51 million from Hero MotoCorp, Sachin Bansal and Innoven Capital.

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IFC leads $222 mn debt funding round in Cholamandalam. 05-30 livemint.com MUMBAI: Mumbai: international finance corporation (ifc), the private-sector investment arm of the World Bank, has led a $222 million debt investment round in Cholamandalam Investment and Finance Company Ltd, the company said in a statement.

India’s Cholamandalam Investment and Finance Company Ltd said on Wednesday it would raise $222 million in debt funds in an investment round anchored by World Bank arm International Finance Corporation (IFC). The investment comes at a time when Indian non-banking financial companies are strained for.

A multi-million dollar social impact fund has launched, promising to invest in infrastructure that will benefit both Aboriginal and Torres Strait Islander communities and provide a return to investors.

World bank’s IFC leads 1,550cr funding round in Cholamandalam short by Shruti Maria Mahendar / 10:58 pm on 29 May 2019,Wednesday Cholamandalam Investment and Finance Company has said that World Bank arm International Finance Corporation (IFC) has led a $222 million (nearly 1,550 crore) debt investment round in the company.

IFC leads $222 mn debt funding round in Cholamandalam, Livemint, May 29, 2019 IFC channels $222 million in Cholamandalam Investment, The Hindu Business Line, May 29, 2019 Murugappa Group’s NBFC Cholamandalam Investment raises $222 million, Business Standard, May 29, 2019

MUMBAI: Mumbai: International Finance Corporation (IFC), the private-sector investment arm of the World Bank, has led a $222 million debt investment round in Cholamandalam Investment and Finance.

Chola Investment gets $222 mn from International Finance Corp. Special Correspondent. The present round of funding was anchored by IFC, a member of the World Bank Group.. "Cholamandalam.

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