| Date | Title | Description |
| 06.04.2026 | $147 M Africa People and Planet Fund III finally closed by venture capital firm Novastar | One of the first and biggest venture capital firms to invest in Africa, Novastar Ventures, has announced the final close of its third fund, Novastar Ventures Africa People and Planet Fund III (NVIII), at US $147 million.
Novastar is one of ... |
| 02.04.2026 | Circulate Capital Secures $220M for Asia's Circular Economy Push | Circulate Capital achieved a $220M first close for its second Asia fund, targeting $300M. The fund invests in South and Southeast Asia's circular economy. Key sectors include advanced recycling, sustainable packaging, and electronics recove... |
| 02.04.2026 | Circulate Capital raises $220 million in first close of its Fund II | Synopsis
Circulate Capital has successfully raised $220 million in the first close of its second fund, surpassing its initial target. This new fund will invest in circular supply chains and recycling ventures across South and Southeast Asia... |
| 01.04.2026 | Srichakra Polyplast backer Circulate Capital marks first close of second Asia fund | Rob Kaplan, founder & CEO, Circulate Capital
Singapore-headquartered private equity firm Circulate Capital said Wednesday it has marked the first close of its second Asia-focused fund after securing $220 million (around Rs 2,060 crore)... |
| 01.04.2026 | Kenya’s Novostar Ventures marks final close of third fund | A view of Nairobi, Kenya
Novastar Ventures, a Kenya-based venture capital firm that backs early-stage companies, has marked the final close of its third fund below target.
The Nairobi-headquartered VC firm has received commitments worth $14... |
| 20.03.2026 | The 90-minute test: How Anand Mahindra selects leaders for strategic bets | - |
| 17.03.2026 | India's Industrial Green Shift: ReNew Secures $95 Million for Clean Energy Expansion | ReNew Green secured a $95 million equity investment. LeapFrog Investments led the funding. This fuels expansion of its India C&I clean energy platform. The move targets India's vast industrial sector. It aims to boost renewable adoption... |
| 16.03.2026 | ReNew Secures $95 Million Equity Investment From LeapFrog-Led Consortium to Expand its Commercial & Industrial Platform | ReNew Energy Global Plc (“ReNew” or the “Company”), a leading decarbonization solutions company announces that its commercial and industrial platform, ReNew Green Energy Solutions Private Limited (“ReNew Green”) has secured $95 million equi... |
| 16.03.2026 | ReNew Energy: $95 Million Raised To Expand Commercial And Industrial Renewable Energy Platform | ReNew Energy Global announced that its commercial and industrial renewable energy platform, ReNew Green Energy Solutions Private Limited, has secured a $95 million equity investment led by LeapFrog Investments. The financing will support th... |
| 16.03.2026 | India: Eversource-backed Ecofy secures $42m funding from BII, others | - |
| 16.03.2026 | Finnfund Digital Access Impact Fund I invests in Ecofy to accelerate India's retail green finance market | Finnfund Digital Access Impact Fund I invests in Ecofy to accelerate India's retail green finance market
Mon, Mar 16, 2026 08:46 CET Report this content
Ecofy, a pioneering green NBFC backed by Eversource Capital, today announced the succes... |
| 16.03.2026 | Ecofy Bags $42 Mn To Scale Climate-Focused Financing Solutions | SUMMARY
Green financing NBFC Ecofy has raised ₹380.5 Cr ($42 Mn) in an equity round led by British International Investment (BII) and Finland-based Finnfund
It plans to utilise the funds toward scaling its green financing solutions further,... |
| 10.03.2026 | IPO-Bound Captain Fresh Nets ₹290 Cr Debt From Blue Earth Capital | SUMMARY
The packaged seafood brand is expected to utilise the funds toward scaling in-house manufacturing, expanding global distribution capabilities and hiring
The startup withdrew its draft IPO papers filed with SEBI in December citing un... |
| 09.03.2026 | Aerem Solutions' NetZero Finance Secures CARE BBB (Stable) / CARE A3 Credit Rating | Mumbai, Maharashtra, India
NetZero Finance Private Limited (NFPL), the financing arm of Aerem Solutions Private Limited (ASPL), today announced that CARE Ratings Ltd. has assigned a long-term rating of CARE BBB Stable and a short-term ratin... |
| 19.02.2026 | Varaha Launches Varaha Industrial Partners Program (VIPP) to Scale Industrial Biochar Carbon Removal in Côte d'Ivoire | GURUGRAM, India, Feb. 19, 2026 /PRNewswire/ -- Varaha is launching the Varaha Industrial Partners Program (VIPP), a global initiative that enables biomass processing facilities with access to sustainable biomass feedstocks to generate high-... |
| 17.02.2026 | DP World Leadership Shift After Epstein Revelations | DP World's influential CEO and Chairman, Sultan Ahmed bin Sulayem, exited his post. Revelations connected him to convicted sex offender Jeffrey Epstein. Freshly released files detailed hundreds of emails over a decade. These communications ... |
| 14.02.2026 | Dubai-based ports boss leaves company after Epstein links revealed | The head of Dubai-based logistics group DP World has left his post after revelations over his links with convicted sex offender Jeffrey Epstein put the state-backed company under pressure to take action.
Sultan Ahmed bin Sulayem’s exit as c... |
| 13.02.2026 | Dubai’s DP World replaces CEO after Epstein links emerge | Dubai’s DP World announced Essa Kazim was the new chairman of its board of directors and Yuvraj Narayan was its new group chief executive officer, replacing Sultan Ahmed bin Sulayem.
Sulayem had been the CEO of Dubai’s largest port operator... |
| 09.02.2026 | Radiance Renewables raises $100 million from European DFIs | - |
| 06.02.2026 | Hero MotoCorp tops up bet on Euler Motor in Series E round | Saurav Kumar, Founder & CEO, Euler Motors
Hero MotoCorp Ltd., promoted by the Munjal family-controlled diversified Hero Group, is investing up to Rs 275 crore ($30.3 millon) in electric vehicle maker Euler Motors, deepening its bet on t... |
| 29.01.2026 | Theia Ventures Leads USD 1M Pre-Seed Round with Participation from Eximius Ventures in EarthSync Technologies | Bengaluru, Karnataka, India
Theia Ventures, India’s specialist early-stage fund focused on AI, deeptech, energy transition, and decarbonization, today announced that it has led a pre-seed investment round of US$1M in EarthSync, a unified Ar... |
| 28.01.2026 | Why Singapore is becoming a refuge for investors | CONVERGE LIVE - Singapore, 22-23 April 2026
Investors like Singapore for its location, English common-law and large private capital markets, according to KPMG executive Anton Ruddenklau, describing it as a “hub” for capital flows into and o... |
| 21.01.2026 | Lendable Breaks New Ground in Impact Fund Raise | - On track for $500 million raise and rare investment-grade rating -
LONDON, Jan. 21, 2026 /PRNewswire/ -- Lendable, a leading provider of asset-backed credit to fast-growing companies globally, today confirmed the first close of its two ne... |
| 21.01.2026 | GreenCell Mobility raises $89M to expand its electric bus fleet | Eversource Capital’s electric bus arm GreenCell Mobility has raised $89 million in mezzanine funding from International Finance Corporation (IFC), British International Investment (BII), and Tata Capital.
Mezzanine financing is a hybrid sou... |
| 20.01.2026 | Allianz Global Investors Raises $690 Million First Close For Emerging Markets Credit Fund | Allianz Global Investors has raised a $690 million in its first close for its Allianz Credit Emerging Markets (ACE) fund, a vehicle aimed at mobilizing institutional capital to support the low-carbon economic transition across Africa, Latin... |
| 12.01.2026 | HDBank completes issuance of US$100 million green bonds to international investors | HO CHI MINH CITY, VIETNAM – Media OutReach Newswire – 12 January 2026 – Ho Chi Minh City Development Commercial Bank (HDBank, ticker symbol: HDB) has successfully issued a second tranche of international green bonds worth US$50 million to t... |
| 19.12.2025 | Riverlane unveils microsecond quantum error decoder | - |
| 17.12.2025 | Theia Ventures Leads Pre-Seed Round in Novyte Materials to Accelerate Collaborative Materials Discovery | Bengaluru, Karnataka, India
Theia Ventures, India’s specialist early stage fund focused on AI, deeptech, energy transition, and decarbonization, today announced that it has led a pre seed investment in Novyte Materials, an emerging AI mater... |
| 27.11.2025 | Theia Ventures Leads Pre-Seed Round in Lemnisca to Accelerate AI-Driven Biomanufacturing | Bengaluru, Karnataka, India
Theia Ventures, India’s specialist early-stage fund focused on AI, Deeptech, energy transition, and decarbonization, today announced that it has led a pre-seed investment in Lemnisca, an emerging Bio-AI company b... |
| 15.11.2025 | Ardian Secures €100M for Nature-Based Solutions, Accelerating Global Ecosystem Restoration | Ardian, a major private investment firm, secured €100 million for its Nature-Based Solutions (NBS) strategy. Anchor investors include the European Investment Bank (€50M), Proparco (€20M), and British International Investment (€10M). The Ave... |
| 12.11.2025 | Ardian Set to Mobilize Development Finance Institutions (DFIs) With European Investment Bank (EIB), Proparco and British International Investment (BII) for a €100m Commitment for Its Nature-Based Solu... | Ardian, a world-leading private investment firm, today announces that it has secured commitment from several Development Finance Institutions (DFIs), the European Investment Bank (EIB) and Proparco. British International Investment (BII) ha... |
| 11.11.2025 | Ardian set to mobilize Development Finance Institutions (DFIs) with European Investment Bank (EIB), Proparco and British International Investment (BII) for a €100m commitment for its Nature-Based Solu... | Ardian, a world-leading private investment firm, today announces that it has secured commitment from several Development Finance Institutions (DFIs), the European Investment Bank (EIB) and Proparco. British International Investment (BII) ha... |
| 10.11.2025 | Ventures Platform Secures $64 Million First Close For Pan-African Fund II | Ventures Platform has announced the $64 million first close of its second fund, VP Pan-African Fund II, which aims to expand seed investments, catalyze Series A rounds, and strengthen the firm’s pan-African reach to support the continent’s ... |
| 10.11.2025 | Enko Capital Raises US$100M At First Close for Private Credit Fund | Enko Capital, a London, UK-based Africa-focused alternative asset manager, announced the first close of its impact focused private credit strategy, raising US$100M.
Investors in the first close included British International Investment (BII... |
| 08.11.2025 | Ventures Platform Fuels Africa's Next Tech Wave with $64M Fund Close | Ventures Platform achieved a $64 million first close for its $75 million Pan-African Fund II. This capital injection targets early-stage tech across Africa. The firm focuses on impactful startups solving non-consumption and infrastructure g... |
| 07.11.2025 | Ventures Platform Secures $64M First Close for Fund II to Power Africa’s Next Tech Wave | Share this:
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| 06.11.2025 | Nigerian VC firm Ventures Platform marks first close of second pan-African fund | The Ventures Platform team
Ventures Platform, an early-stage African venture capital firm that has backed more than 90 tech-enabled companies across the continent, has marked the first close of its second fund after securing commitments wor... |
| 31.10.2025 | BII Invests USD 75 Mn in Blueleaf Energy to Boost India's Clean Energy Capacity The funding will enable Blueleaf Energy to expand its renewable energy portfolio in India. | British International Investment (BII), the UK's development finance institution and impact investor, has announced USD 75 million investment in Blueleaf Energy, a pan-Asian renewable energy platform owned by a fund managed by Macquarie Ass... |
| 30.10.2025 | Monzo CEO TS Anil to exit, replaced by former Google executive | Monzo CEO TS Anil is stepping down from the role after over five years and is being replaced by a former Google executive with banking experience.
Anil is being replaced by Diana Layfield, an ex-banker who also spent nine years at Google in... |
| 29.10.2025 | Blueleaf secures $75 mn funding from British International Investment | - |
| 29.10.2025 | BII to invest $75 mn for Macquarie-backed Blueleaf Energy's India plans | BII and Blueleaf executives while signing the investment agreement
British International Investment (BII), the UK's development finance institution, said on Wednesday it would invest $75 million to aid the India expansion plans of Blueleaf ... |
| 28.10.2025 | Wavemaker Impact to rebrand as 100x100, launch climate platform | Wavemaker Impact, the climate-tech venture building arm of Wavemaker Partners, said it has begun the spinoff process to become an independent fund manager and launch a climate investment platform called 100×100 Group.
The Singapore-based te... |
| 23.10.2025 | Wonderland Foods Secures INR 140 Cr Funding to Expand Healthy Snack Offerings The round was led by impact investor Asha Ventures with participation from British International Investment. | Delhi-based healthy-snacking brand Wonderland Foods has raised INR 140 crore in its first funding round.
The round was led by impact investor Asha Ventures with participation from British International Investment, which is backed by the UK ... |
| 22.10.2025 | Moniepoint Achieves Unicorn Status with Over $200M Series C Funding | Moniepoint, an African fintech powerhouse, has achieved a major milestone. The company closed its Series C funding round, securing over $200 million in equity financing. This substantial capital infusion propels Moniepoint's valuation past ... |
| 22.10.2025 | Early-stage VC firm India Quotient raises $129m for fifth fund | India Quotient, a homegrown early-stage venture capital firm, has closed its fifth fund at $129 million (about Rs 1,130 crore), confirming an earlier report by DealStreetAsia.
This represents the firm’s largest fundraise to date, aimed at s... |
| 22.10.2025 | Enko Capital: $100 Million Raised At First Close For Flagship Private Credit Fund | Enko Capital, an Africa-focused alternative asset manager with US$1.3 billion in assets under management (AUM), announced the first close of its flagship impact-focused private credit strategy, securing US$100 million toward a target of US$... |
| 21.10.2025 | Moniepoint Raises Over US$200M in Series C Funding | Moniepoint Inc., a Nigerian provider of a financial platform for businesses and their customers across Africa, raised over US$200m in equity financing in a recently closed Series C funding round.
The round was led by Development Partners In... |
| 09.10.2025 | ARC Ride Secures $10M Debt Financing to Expand Electric Motorcycle Infrastructure in Kenya | Kenyan electric mobility startup ARC Ride has secured $10 million in debt financing from Mirova, a Paris-based sustainable investment manager. This investment marks Mirova’s first electric vehicle (EV) deal in Sub-Saharan Africa and is aime... |
| 09.10.2025 | Theia Ventures Announces First Close of USD 30 Million Fund Theia Ventures Fund I plans to invest in 18–20 early-stage startups creating emission-reducing technologies across key sectors, allocating U... | Venture capital firm Theia Ventures has announced the first close of its maiden USD 30 million fund, marking a significant step toward advancing India's decarbonisation goals. The fund claims to have already secured commitments exceeding ha... |
| 08.10.2025 | Theia Ventures Announces BII as Anchor Investor as it Confirms First Close of $30M Fund | Bangalore, Karnataka, India
Theia Ventures, one of India’s first specialist early-stage funds dedicated exclusively to energy transition, deep tech and decarbonization, today announced the first close of its maiden $30 million fund. Marking... |
| 08.09.2025 | ChargeZone Acquires Zerovolt's Wadala EV Charging Hub Zerovolt announced plans to invest more than INR 250 crores over the next two years. | Charge point operator ChargeZone has acquired Zerovolt's flagship charging facility in Wadala, Mumbai, through an all-cash deal for an undisclosed amount.
Founded three years ago by Harshdeep Singh Virk and Priyesh Joshi, Zerovolt has emerg... |
| 01.09.2025 | Kola Aina on AI in Africa, local capital, and exits | Kola Aina needs no introduction. As the founding partner of Ventures Platform, a $46 million early-stage fund, he has been a central figure in African venture capital for the past decade.
His firm has backed more than 90 startups across the... |
| 30.08.2025 | Weekly Roundup: Top Startup Fundings Deals (August 23–29) Diverse Sectors See Fresh Capital Inflows | The startup ecosystem in India continues to attract strong investor interest, with companies across fintech, housing finance, and lifestyle brands raising significant funding this week. From empowering small businesses with financial access... |
| 26.08.2025 | India's Affordable Housing Sector Draws Fresh Capital: BII Boosts Altum Credo | British International Investment injected $19.4 million into Altum Credo Home Finance. This capital boost expands affordable housing access across India. It targets low-income families and women borrowers. The funds enhance Altum Credo’s op... |
| 25.08.2025 | Housing finance NBFC Altum Credo raises Rs 170 Cr from British International Investment | Altum Credo Home Finance Pvt Ltd has received a Rs 170 crore equity investment from existing backer British International Investment (BII) to fund expansion in existing geographies and strengthen its affordable housing finance franchise.
Al... |
| 25.08.2025 | BII Backs Housing Finance NBFC Altum Credo With INR 170 Cr Equity The fresh infusion is expected to strengthen the company's balance sheet and aid its expansion across southern and western India, wher... | Altum Credo Home Finance, a Pune-based affordable housing finance company, has secured INR 170 crore (around USD 19.5 million) in equity funding from British International Investment (BII), the UK's development finance institution and impac... |
| 25.08.2025 | BII tops up investment in affordable housing financier Altum Credo | Credit: Pixabay
British International Investment (BII), the development finance arm of the UK government, has topped up its investment in portfolio firm Altum Credo Home Finance Pvt Ltd by investing Rs 170 crore ($19.4 million).
The investm... |
| 12.08.2025 | Africa Capitalworks invests for sustainable impact | Africa Capitalworks fuels Africa’s growth by backing market leaders in vital sectors, delivering strong returns and lasting social and economic impact.
Africa Capitalworks’ story shows the impact PIC and BII can achieve, backing Africa’s ov... |
| 07.08.2025 | India's Affordable Housing Boom: Ummeed Secures Landmark BII Investment | Ummeed Housing Finance, a leading Indian affordable housing lender, secured INR 250 Cr (approximately $28 million) from British International Investment (BII). This significant capital infusion will expand mortgage-backed loans for low-inco... |
| 06.08.2025 | Ummeed Housing Finance Raises INR 250 Cr from BII to Boost Affordable Housing The Gurugram‑based housing finance company will deploy the capital as mortgage‑backed loans targeted at low‑income and und... | Ummeed Housing Finance Private Limited has raised INR 250 crores from British International Investment, the United Kingdom's development finance institution and impact investor.
The Gurugram‑based housing finance company will deploy the cap... |
| 06.08.2025 | India's Ummeed Housing Finance raises $28m from BII | Gurugram-based Ummeed Housing Finance (UHFPL) has secured Rs 250 crore (about $28 million) in financing from British International Investment (BII), the UK’s development finance institution and impact investor.
The funding will help Ummeed ... |
| 05.08.2025 | Kenya's Energy Future: Solar Powers Millions | Kenya's energy landscape transforms. A major financial milestone arrived. Sun King, a solar energy leader, completed a $156 million securitization. This landmark deal fuels widespread clean energy access. It targets 1.4 million low-income h... |
| 05.08.2025 | Sun King Secures $156 Million to Expand Clean Energy Kenyans | Sun King, a leading provider of off-grid solar energy solutions, has successfully closed a $156 million (KES 20.1 billion) securitization deal to scale affordable solar access across Kenya. This landmark transaction is the largest of its ki... |
| 05.08.2025 | PE-backed Ummeed Housing snags $28 mn from offshore investor | Ashutosh Sharma, founder and managing director, Ummeed Housing
Gurugram-based Ummeed Housing Finance, which counts A91 Partners and Norwest Venture Partners as its investors, has secured debt capital from an overseas investor.
The non-banki... |
| 30.07.2025 | FinDev Canada, SMBC, BII, EFA, and JICA commit USD 350 million to VPBank to advance sustainable development in Vietnam | MONTREAL, July 30, 2025 /PRNewswire/ -- Canada's bilateral Development Finance Institution, FinDev Canada, alongside Sumitomo Mitsui Banking Corporation (SMBC), and partner Development Finance Institutions (DFIs) and bilateral agencies, inc... |
| 30.07.2025 | Sun King Secures $156M to Expand Clean Energy for 1.4M Kenyan Homes | Share this:
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| 23.07.2025 | Top 12 logistics and mobility startup raises of H1 2025 | In the first half of 2025, Africa’s broader tech ecosystem saw deal flows—including fundraises, acquisitions, and exits—hit $1.4 billion, per Africa: The Big Deal. This marks a 78% surge over H1 2024. Of these deals, logistics and mobility ... |
| 22.07.2025 | M-KOPA lawsuit alleges racial disparity in employee equity, firm says claim is baseless | When M-KOPA Holdings, a UK-headquartered fintech with over five million users across five African markets, restructured its shareholding in 2019, it was viewed internally as a safeguard against dilution — a routine measure in the startup sc... |
| 09.07.2025 | iMerit Unveils Scholars - A Handpicked Global Network of Cognitive Experts for Advanced GenAI Training | Invite-only community of expert talent is shaping the next wave of Generative AI and AGI
SAN JOSE, Calif., July 9, 2025 /PRNewswire/ -- iMerit, a leader in software-delivered AI data, today announced wide availability of its Scholars progra... |
| 09.07.2025 | Wave, a Senegal‑based fintech startup has secured a $137 million debt financing facility | Senegal‑based fintech startup Wave has secured a $137 million debt financing facility to accelerate the rollout of its mobile money platform across underserved communities in West and Central Africa. The debt deal was led by Rand Merchant B... |
| 26.06.2025 | Green Investments Fuel Growth in India’s Facility Management and Renewable Energy Sectors | In the bustling landscape of India’s economy, two sectors are gaining momentum: facility management and renewable energy. Recent investments are igniting growth, creating jobs, and pushing sustainability to the forefront. CLR Facility Servi... |
| 26.06.2025 | Battery Smart Powers Up with $21 Million in Series B Funding | Battery Smart, a rising star in the electric vehicle (EV) ecosystem, has just secured an additional $21 million in its ongoing Series B funding round. This investment is led by Rising Tide Energy, a global impact fund with a keen eye on sus... |
| 26.06.2025 | Battery Smart Raises USD 21 Mn in Series B Extension Led by Rising Tide Energy The company plans to use the funds to expand operations into new markets and strengthen its presence in existing cities. | Battery swapping startup Battery Smart has secured an additional USD 21 million in an ongoing Series B funding round, led by global impact fund Rising Tide Energy, with participation from ResponsAbility Asia Climate Fund, Acacia Inclusion L... |
| 24.06.2025 | Integrated facility management firm CLR Facility Services raised $15 M from BII | British International Investment (BII), the UK’s development finance organization and impact investor, has contributed $15 million (roughly Rs 125 crore) to the integrated facility management company CLR Facility Services.
The money raised ... |
| 21.06.2025 | Powering Africa's Future: The Role of AI and Energy Infrastructure in Development | Africa stands at a pivotal crossroads. The continent is rich in resources, talent, and potential. Yet, it grapples with challenges that hinder its growth. Two recent events highlight the urgency of addressing these issues: the African Devel... |
| 21.06.2025 | Rooftop solar focused NBFC Dugar Finance raises $3 M Debt funding | The $75 million Green Basket Bond issued by Swiss impact investment firm Symbiotics Investments has raised $3 million in debt for non-banking financial company (NBFC) Dugar Finance.
British International Investment (BII), the UK’s developme... |
| 20.06.2025 | World Bank set to back South Africa’s big energy grid roll-out | The World Bank Group is considering financing US$500-million (R9-billion) of South Africa’s participation in a new credit guarantee facility meant to unlock private financing for a massive transmission grid expansion plan, a senior bank off... |
| 19.06.2025 | CLR Facility Services Secures USD 15 Mn Investment from BII The funding will be directed toward CLR's nationwide expansion, workforce development, and vocational training initiatives aimed at empoweri... | British International Investment (BII), the UK's development finance institution and impact investor, has invested USD 15 million (approximately INR125 crore) in CLR Facility Services, a Pune-based integrated facility management firm.
The f... |
| 18.06.2025 | Institutional Investors Bet Big on Scalable Climate Solutions India's clean-tech and EV investment landscape is rapidly evolving, from strong early stage funding to a deep focus on commercial scale an... | India's clean-tech and EV investment landscape is rapidly evolving, from strong early stage funding to a deep focus on commercial scale and infrastructure, backed by robust frameworks, investors are not financing end-to-end solutions.
Accor... |
| 11.06.2025 | FlexiLoans Raises INR 375 Crore in Series C Round to Boost MSME Lending The round was led by existing investors including Fundamentum, Accion Digital Transformation Fund, Nuveen, and Maj Invest, while... | Digital lending platform FlexiLoans has raised INR 375 crore in fresh equity funding as part of its Series C round, according to a press release issued by the company. The latest tranche adds to the INR 290 crore raised in September 2024, t... |
| 10.06.2025 | NBFC FlexiLoans Bags INR 375 Cr To Boost Its Product Offerings | SUMMARY
FlexiLoans has raised INR 375 Cr in its ongoing Series C funding round in a mix of both primary and secondary deals
The round was led by existing investor Nuveen with participation from other existing backers and a new investor, BII... |
| 24.05.2025 | From Euler Motors To CloudSEK — Indian Startups Raised $232 Mn This Week | SUMMARY
Between May 19 and 24, Indian startups cumulatively raised $231.7 Mn across 16 deals, marking a 53% uptick from the $151.6 Mn raised across 24 deals in the preceding week
While cleantech emerged as the investor favourite sector this... |
| 21.05.2025 | Empowering Change: The Rise of Clean Cooking and Gender Lens Investing in Africa | In the heart of Africa, a quiet revolution is brewing. It’s a movement fueled by clean energy and gender equity. Two recent developments illustrate this shift: BURN’s groundbreaking investment in electric cooking and Aruwa Capital Managemen... |
| 20.05.2025 | Vivriti Asset Management Secures USD 20 Mn from Austria's OeEB The Austrian development bank's investment aligns with its 2024–2028 strategy centered on green finance, SME development, and gender incl... | Vivriti Asset Management (VAM) has received USD 20 million commitment from the Development Bank of Austria (OeEB) for its Vivriti India Retail Assets Fund (VIRAF), raising the fund's capital base to USD 165 million. The fund, launched in Ma... |
| 20.05.2025 | CureBay Raises USD 21 Mn Series B to Scale Rural Healthcare Delivery The Series B round was led by Bertelsmann India Investments, with continued support from existing investors Elevar Equity and Briti... | CureBay, a hybrid healthcare platform focused on rural India, has raised USD 21 million in a Series B funding round led by Bertelsmann India Investments. The round also saw participation from existing investors Elevar Equity and British Int... |
| 19.05.2025 | Euler Motors Raises INR 638 Cr in Series D Round Led by Hero MotoCorp and BII The fresh capital will be deployed to expand Euler Motors' nationwide sales and service network and accelerate the develop... | Euler Motors, a New Delhi-based electric commercial vehicle manufacturer, has raised INR 638 crore in its Series D funding round. The round was led by Hero MotoCorp, marking its entry as a strategic investor, alongside continued participati... |
| 15.05.2025 | At second close, Lagos-based VC firm Aruwa raised $35 M, reached 90% of its Fund II | Aruwa Capital Management, an early-stage growth equity and gender lens fund manager founded by women in Lagos, has raised 90% of the US $40 million it set out to raise for its second fund, Aruwa Capital Fund II.
One of the few women-owned a... |
| 12.05.2025 | ReNew Energy Global: $100 Million Investment Raised From BII | ReNew Energy Global – a leading decarbonization solutions company – announced it has secured an INR 8700 million ($100 million) investment from British International Investment (BII), the UK’s development finance institution and impact inve... |
| 10.05.2025 | Everything I heard at the AVCA Conference | Last week, the African Venture Capital Association (AVCA) brought its flagship VC Summit back to Lagos, the home of Africa’s unicorns, for the first time in a decade, and the timing could hardly have been more charged.
Against a backdrop of... |
| 09.05.2025 | Beyond the Buyout: India’s investment outlook faces a geopolitical test | In this edition, we explore PE perspectives on escalating India-Pak tensions, study contrasting LP views on China, and uncover the growing potential of the Philippine PE market. Will investors bet on long-term opportunities amid political u... |
| 07.05.2025 | ReNew Receives $100M Investment From BII | ReNew, a Gurugram, India-based decarbonisation solutions company, raised US$100M investment from British International Investment.
The company intends to use the funds to grow the business and expand its manufacturing capacity through the c... |
| 06.05.2025 | British International Investment infuses ₹870 cr in ReNew’s solar arm | - |
| 06.05.2025 | BII invests $100m in ReNew Photovoltaics, its first solar bet in India | British International Investment (BII), the UK government’s development finance institution, has made its first investment in India’s solar manufacturing sector, committing $100 million to ReNew Photovoltaics, a subsidiary of ReNew Energy G... |
| 07.04.2025 | Asha Ventures bags $10M from BII to boost impact-focused investments | Asha Ventures on Monday said it secured $10 million in funding from British International Investment (BII), the UK’s development finance institution and impact investor, bringing its debut fund closer to its $91 million target.
The purpose-... |
| 07.04.2025 | Asha Ventures Fund I Receives USD 10 Million Commitment from British International Investment With the latest funding from BII, Asha Ventures Fund I continues to move toward its final close, aiming to... | Asha Ventures, a venture capital firm focused on impact-driven investments in India, has secured a USD10 million commitment from British International Investment (BII), the UK's development finance institution. The funding brings Asha Ventu... |
| 07.04.2025 | India Digest: Nabard, HSBC back OPL; BII commits $10m to Asha Ventures' fund | Indian digital credit infrastructure firm OPL secured a strategic investment from Nabard and HSBC. Separately, climate- and impact-focused venture capitalist Asha Ventures secured a commitment of $10 million from British International Inves... |
| 04.04.2025 | Clean Energy Startup Aerem Raises INR 100 Cr from UTEC, BII, SE Ventures to Accelerate Distributed Solar Growth The Series A capital infusion will also go towards expanding Aerem's tech stack, refinin... | Mumbai-based clean energy startup Aerem has raised INR 100 crore (approx USD 11.7 million) in a Series A funding round led by Japan's University of Tokyo Edge Capital (UTEC). The round also saw participation from British International Inves... |
| 28.03.2025 | [Weekly funding roundup March 22-28] Venture capital inflows see marginal rise | Venture capital funding into Indian startups saw a marginal increase in the last week of March. This has been a month with uneven fund inflow, revealing the challenges that the ecosystem continues to face with regard to raising capital.
The... |
| 26.03.2025 | Agritech Startup Grow Indigo Secures USD 10 Mn from BII to Scale Carbon Farming Initiatives The funding will accelerate the expansion of Grow Indigo's regenerative agriculture programs across India, p... | Mumbai-based agritech startup Grow Indigo has raised USD 10 million from British International Investment (BII), the UK's development finance institution and impact investor.
The funding will accelerate the expansion of Grow Indigo's regene... |
| 25.03.2025 | Agritech Grow Indigo bags $10M to expand carbon farming initiatives | Agritech startup Grow Indigohas raised $10 million from British International Investment (BII), the UK's development finance institution and impact investor.
The startup plans to use the funds to accelerate the expansion of its transforma... |
