Lok Capital and UC Impower invest Rs 50 crore in GrowXCD FinanceLok Capital invested Rs 20 crore in the tech-enabled NBFC, bringing its total investment to Rs 70 crore. UC Impower, incubated by Unitus Ca...
29 Jan, 2025, 06.34 PM IST
DDA expects Rs 4,310 crore revenue from the sale of existing housing projectsThe authority is expecting that completion of UER-II connecting NH-8 to NH-2, Narela and the proposed Metro line expected to be approved by...
29 Mar, 2023, 09.41 PM IST
Ummeed Housing Finance raises Rs 36 crore from existing investorsThe investment in the series-B round has been made from Lok Capital's third fund Lok Capital Growth Fund. With this, the total capital rais...
22 May, 2017, 09.18 AM IST
- What is Demands for Grants?
The demands for grants are presented to the Lok Sabha along with the Annual Financial Statement. Generally, one Demand for Grant is present...
23 Jan, 2017, 07.17 PM IST
Lok Capital raises Rs 300 crore for new fund, targeting Rs 700 croreLok Capital expects to deploy the fund in next five years, targeting investments ranging from $2 million (Rs 13.4 crore) to $10 million (Rs...
17 Jun, 2016, 06.23 AM IST
Lok Capital to raise $100 million; to invest in health, agriculture companiesThe fund will be deployed in the next five years and will focus on growth stage investments in financial services, healthcare, agriculture ...
16 Jun, 2016, 11.15 PM IST
Lok Capital aims to raise $45 million fund by June“The fund made a total of 10 investments and has already exited six. We’ll have two more exits by February-end,” Lok Capital co-founder and...
06 Jan, 2015, 05.34 AM IST
Lok Capital sells its stake and leaves RuralShores Business ServicesThe exit by Lok Capital has been made from its first fund, the $22 million (Rs 134.3 crore) Lok I, which invested in RuralShores across mul...
29 Apr, 2014, 10.37 AM IST
Satin Creditcare raises Rs 41 crore, sees Lok Capital exit the MFIMicrofinance institution Satin Creditcare has completed its latest round of equity financing, by raising Rs 41 crore from three impact inve...
05 Apr, 2013, 08.34 PM IST
- Suryoday Microfinance raises Rs 20 crore from Aavishkaar and Lok Capital
The proceeds from the latest round of funding will be used to strengthen its presence in Maharashtra, Tamil Nadu, Gujarat and Orissa, as we...
28 Jan, 2013, 05.17 PM IST
- Lok Capital closes second fund at $65 million
Lok Capital closed its second fund, Lok Fund II, at $65 million, the Mumbai-based impact investment-focused venture capital fund announced ...
25 Jan, 2012, 03.23 PM IST
More VC funds on cards for social enterprises this yearThe year 2011 was a generally good year for venture capital investing, but social enterprises were the exception because of their perceived...
24 Jan, 2012, 09.15 AM IST
Budget 2011: Reform bills bring back Cong-BJP reform talksWhether these bills would pass may also depend on the atmospherics between Congress and BJP leaders, say politicians from both sides of the...
01 Mar, 2011, 01.30 PM IST
- Budget 2011: Reform bills bring back Cong-BJP reform talks
The reformist bills are back, so is parliamentary politics over reforms. Will BJP help Congress, and what will BJP demand of Congress for i...
01 Mar, 2011, 07.01 AM IST
- CDC to invest $10 mn in Indian microfinance funds
CDC, which acts as a fund of funds and has been created to invest through fund managers in poor and emerging countries, will be an anchor i...
26 Oct, 2010, 04.11 AM IST
- UK's CDC commits $10 mn investment in Indian microfinance funds
CDC, UK govt’s development private investment arm, and the parent company of Actis, has committed another $10 mn investment in microfinance...
25 Oct, 2010, 10.01 PM IST
- Govt holding in PSBs won’t fall below 51%
The government on Friday said it will not dilute its stake in public sector banks below 51% .
09 Dec, 2006, 01.25 AM IST