TMT
TrulyMadly, Malaki, Sirona Hygiene, MyDentalPlan raise funding
Startup incubator and accelerator Venture Catalysts has invested in the Rs 16 crore ($2.1 million) pre-Series A round of homegrown...
Finance
Central bank sets up committee to review ARCs' role
The central bank has set up a six-member committee to review the working and business models of asset reconstruction companies...
Finance
French agency Proparco makes a loan for IndusInd Bank's microfinance division
French development agency Proparco made a $75 million (about Rs 560 crore) loan to mid-sized private-sector lender IndusInd Bank...
Finance
Northern Arc Capital raises debt financing from Kotak Mahindra Bank
Non-bank lender Northern Arc Capital has received Rs 40 crore ($5.34 million) debt financing from mid-sized private-sector lender...
Manufacturing
Lenders take nearly 61% haircut in stressed MSP Sponge Iron OTS scheme
The promoters of Kolkata based MSP Sponge Iron Ltd have completed a one-time settlement (OTS) scheme with its consortium of ......
Finance
Aviator Emerging Market Fund leads investment in Dhanvarsha Finvest
Aviator Emerging Market Fund, focused on Indian non-banking financial companies, has led a Rs 65.8 crore ($8.8 million) infusion...
Finance
Hong Kong-based Ares SSG raises capital for third secured-lending fund
Alternative asset manager Ares SSG, previously known as SSG Capital, has raised capital for its latest secured lending fund focused...
TMT
AngelList India head's second micro venture fund closes at $15 mn
Utsav Somani, India head of US-based crowdfunding platform AngelList, said his second micro venture fund iSeed II has closed at...
Finance
Ward Ferry, Fairfax, others to invest in discount broker 5paisa Capital
The board of IIFL Holdings-owned 5paisa Capital, the only publicly listed discount broker, has approved fundraise worth about...
Consumer
Fraud-hit sugar maker faces the crusher as company ordered for liquidation
Tamil Nadu’s fraud-hit Thiru Arooran Sugars Ltd is headed for liquidation after lenders failed to receive any viable revival...
