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Vertex Ventures' SEA And India Arm Raises $541 Million

Vertex Ventures Southeast Asia and India (VVSEAI) on Tuesday said it has raised USD 541 million (about Rs 4,489 crore) in a funding round. The VVSEAI Fund V exceeds its target fund of USD 450 million (about Rs 3,734 crore) and ...

COVID-19 To Add 150 Million Extreme Poor By 2021

Global extreme poverty is expected to rise in 2020 for the first time in over 20 years as the disruption of the COVID-19 pandemic compounds the forces of conflict and climate change, which were already slowing poverty reduction progress, the World ...

IFC Launches Masala Bonds Programme Worth $1 Billion To Fund Investments In India

International Finance Corporation (IFC), a member of the World Bank Group, has launched a $1-billion masala bond programme to fund its investment activities in India, it said on Friday. As the Indian government looks to boost capital flows into the country, ...

Masala Bonds: What You Should Know?

Masala bonds are those which are Rupee denominated bonds issued outside India. Such bonds will be offered to foreign investors who are interested in investment in India but without direct exposure. These bonds are issued to raise funds in the ...

ADB plans rupee denominated bonds

Delhi: Multilateral funding agency Asian Development Bank (ADB) Wednesday said it is planning to raise funds by issuing rupee denominated bonds. "We are looking at that...Offshore rupee bonds," said Narhari Rao, officer in-charge ADB India resident mission, at an event here. ...

India a safe investment destination: FM to Indian diaspora

Singapore: Finance Minister P Chidambaram on Thursday assured the Indian diaspora community that their home country was a safe investment destination. He also assured stability of Indian rupee, saying it better reflected the true value after the RBI took urgent steps ...