Bruhadeeswaran R | VCCircle
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Bruhadeeswaran R

Reliance Capital to cut consolidated debt by moving commercial finance business to the proposed banking arm

General

27 August, 2013

Reliance Capital to cut consolidated debt by moving commercial finance business to the proposed banking arm

Reliance Capital would move around three fourth of its current consolidated debt on its books with the transfer of commercial ......

IDFC share crashes after it cuts foreign investment limit to meet banking licence norms

General

27 August, 2013

IDFC share crashes after it cuts foreign investment limit to meet banking licence norms

Financial services firm IDFC saw its share price crash to a four year low on Tuesday after it restricted foreign ......

PE major TPG takes stake in Shriram City Union

General

26 August, 2013

PE major TPG takes stake in Shriram City Union

The US-based private equity investor TPG Capital has completed the process of taking a 22.65 per cent stake in consumer ......

Gramco Infratech raises $2.3M from Samridhi Fund

Consumer

26 August, 2013

Gramco Infratech raises $2.3M from Samridhi Fund

Gramco Infratech Pvt Ltd (Gramco), a rural-focused company that creates infrastructure to support farmers, secured its first-round of equity funding ......

ATM outsourcing firm EPS raises $6M from existing investor Aavishkaar

TMT

26 August, 2013

ATM outsourcing firm EPS raises $6M from existing investor Aavishkaar

ATM outsourcing firm Electronic Payment and Services Pvt Ltd (EPS) has completed its second round of equity funding worth $6 ......

Premium
In queue for banking licence, Religare Finvest to further rebalance lending portfolio

General

26 August, 2013

In queue for banking licence, Religare Finvest to further rebalance lending portfolio

PE-backed Religare Finvest Ltd, the lending subsidiary of Religare Enterprises Ltd (REL) which generates over half of the top-line for ......

Premium
Venture debt lender IntelleGrow to reach book size of Rs 500Cr in 3-4 years, bets on clean energy

General

22 August, 2013

Venture debt lender IntelleGrow to reach book size of Rs 500Cr in 3-4 years, bets on clean energy

Venture debt lender IntelleGrow Finance Pvt Ltd (IGF) which is backed by Michael & Susan Dell Foundation (MSDF), is planning ......

Microfinance firm Janalakshmi raises $53M in Series D led by Morgan Stanley PE

General

22 August, 2013

Microfinance firm Janalakshmi raises $53M in Series D led by Morgan Stanley PE

Janalakshmi Financial Services Pvt Ltd, a microfinance institution based in Bangalore, has closed its Series D funding round worth Rs ......

NSEL board sacks CEO Anjani Sinha and six top officials

General

21 August, 2013

NSEL board sacks CEO Anjani Sinha and six top officials

The board of National Spot Exchange Ltd (NSEL) sacked its MD and CEO Anjani  Sinha and six top officials, including ......

Government raises FDI cap in asset reconstruction companies to 74%

General

20 August, 2013

Government raises FDI cap in asset reconstruction companies to 74%

The government has raised the cap on foreign direct investment (FDI) in asset reconstruction companies (ARCs) to 74 per cent ......