Private Equity

IFC weighs $30m investment in LeapFrog’s latest climate fund

LeapFrog Investment is raising $600-700 million for the said fund.

Interviews

Need to shift more climate investments to countries like India: LeapFrog

India accounts for about one-third of Leapfrog's total capital.

Private Equity

Indian education finance firm Auxilo Finserve raises $34m led by LeapFrog

Existing investors Trifecta Leaders Fund-I and Xponentia Opportunities Fund-II are also participating.

Venture Capital

India: LeapFrog powers Tiger Global-backed Battery Smart’s $65m funding

The round saw participation from investors including MUFG Bank, Panasonic, EIF, Blume Ventures, and BII.

People

People Digest: LeapFrog strengthens climate team; Eastspring names new Malaysia chief

Yap Siok Hoon will be the Malaysia CEO of Eastspring Investments.

Deals

LeapFrog, Aavishkaar invest $48m in India’s Electronica Finance

The company claims to have more than tripled its assets under management over the past five years.

Analysis

Greentech has taken a giant leap in uncertain times, says LeapFrog partner Nakul Zaveri

Countries are turning to greentech as they seek to beef up domestic energy amid geopolitical risks.

Analysis

Emerging markets present $330b green investment opportunity annually: Leapfrog-Temasek report

The investment potential for a green mobility revolution in India outstrips that of Africa in key sectors.

Deals

India’s AU Bank to buy local peer Fincare, paving the way for LeapFrog’s exit

The merger is expected to create India’s largest inclusive bank with a market capitalisation of $6.3b.

Analysis

Editor’s take: The week that was — July 3-8

News bytes, deep dives, scoops, and more from the startup world in the week gone by.