General
IFMR Rural Channels eyes $5M in second round of private funding
IFMR Rural Channels & Services Ltd (IRCS), which specialises in rural distribution of financial products and services, is in discussion ......
Infrastructure
20Cube Logistics raises $17M from Zephyr Peacock and Credence Partners
Emerging markets-focused and asset-light logistics company 20Cube Logistics Pte Ltd has raised $17 million (Rs 90 crore) from Zephyr Peacock ......
General
HarbourVest and Harjit Bhatia-led Asia Growth Capital buy Asian PE Portfolio of Credit Suisse
Asia Growth Capital Advisors (AGCA) has acquired the portfolio of private equity investments in Asia from Credit Suisse, its affiliates ......
General
Vikram Hosangady appointed new PE head of KPMG India
Vikram Hosangady has been appointed as the new head of private equity advisory practice at KMPG India, succeeding Vikram Utamsingh. ......
General
Urban microlender Satin Creditcare eyes $15M in fresh private funding
Delhi-based microfinance institution Satin Creditcare is in advanced talks for an equity infusion of up to Rs 81 crore which ......
General
Allegro partners with European i-bank Altium Capital
Allegro Advisors, a Bangalore-based investment bank, has formed a partnership with the European investment bank Altium Capital – one among ......
General
RBI tightens provisioning rules for restructured loans
The Reserve Bank of India has increased the provisioning norms on restructured standard accounts to 5 per cent from 2.75 ......
General
IFC & Yes Bank to set up PE fund for investments in north-east India
International Finance Corporation (IFC), the private sector investment arm of the World Bank Group, has signed a memorandum of understanding ......
General
Axis Bank raises over $1B through a mix of QIP and preferential allotment
Axis Bank has closed one of the largest equity issues of the current financial year by raising over Rs 4,726 ......
General
PE-backed Grameen Koota in talks to raise over $9M in next round
Bangalore-headquartered microlender Grameen Koota is in talks to raise around Rs 50 crore ($9.4 million) in its next round of ......