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NIRAMAI COVID screening solution receives funding from UK's CDC Group

NIRAMAI COVID screening solution receives funding from UK's CDC Group
business-standard.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from business-standard.com Daily Mail and Mail on Sunday newspapers.

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FMO CDC Group Swedfund And IFC Participate In First Close Of Nepal focused Dolma Impact Fund II

Dolma Fund Management announces the first close of Dolma Impact Fund II (Dolma II) – a private equity fund investing primarily in renewable energy, healthcare and technology in Nepal. Investors in this $40m first close are FMO, the Dutch entrepreneurial development bank; CDC Group, the UK’s development finance institution and impact investor; Swedfund, the Swedish development finance institution; and the International Finance Corporation (IFC). The final close is targeted at $75m.
The timing is important as COVID cases rise in Nepal, following the trend in India. Dolma II’s target sectors will directly address capacity constraints in healthcare and enable digital solutions to scale rapidly that will be vital both during and following the pandemic. ....

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CDC Group invests ?250 crore in Fourth Partner Energy

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Financial Services Monitor Worldwide
CDC Group, the UK s development finance institution (DFI), has invested ?250 crore in Fourth Partner Energy through non-convertible debentures (NCDs) to facailitate the latters expansion plan.
Fourth Partner Energy, a solar energy company, will deploy this mezzanine capital towards growing its renewable solutions platform across India and South Asia.
CDCs investment will support Indias clean energy transition and enable provision of cleaner energy to businesses. It will fund approximately 217 megawatts (MW) greenfield renewable power generation in India. This will catalyse growth of the sector by helping to accelerate uptake of renewable energy by corporates at a quicker pace. ....

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CDC Group invests ₹250 crore in Fourth Partner Energy - The Hindu BusinessLine

CDC Group invests ₹250 crore in Fourth Partner Energy
April 28, 2021
This will help expand their solar portfolio
CDC Group, the UK s development finance institution (DFI), has invested ₹250 crore in Fourth Partner Energy through non-convertible debentures (NCDs) to facailitate the latter’s expansion plan.
Fourth Partner Energy, a solar energy company, will deploy this mezzanine capital towards growing its renewable solutions platform across India and South Asia.
CDC’s investment will support India’s clean energy transition and enable provision of cleaner energy to businesses. It will fund approximately 217 megawatts (MW) greenfield renewable power generation in India. This will catalyse growth of the sector by helping to accelerate uptake of renewable energy by corporates at a quicker pace. ....

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CDC Group investing ₹250 cr. in solar firm Fourth Partner Energy

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U.K.’s development finance institution CDC Group is investing ₹250 crore in solar energy firm Fourth Partner Energy.
The capital will be in the form of non-convertible debentures. The mezzanine capital will be deployed in growing its renewable-solutions platform across India and South Asia, a statement from Fourth Partner Energy said.
Managing Director and Head of Asia at CDC Srini Nagarajan said “we have been building scale in the renewable power sector and this investment into Fourth Partner Energy, on the distributed solar side of the sector, is a strategic investment that further enhances India’s renewable power capacity.” ....

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