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IIFL Group

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Leapfrog, Accion set for bumper India BFSI exit; PE firms too eye harvest

Finance

07 February, 2024

Leapfrog, Accion set for bumper India BFSI exit; PE firms too eye harvest

Global impact investors Leapfrog, focussed on healthcare and financial inclusion areas in particular, and Accion, have set themselves up for big ......

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Fintech fund buys majority stake in supply chain platform Bridge2Capital

Infrastructure

13 September, 2023

Fintech fund buys majority stake in supply chain platform Bridge2Capital

Gurugram-based fintech firm Xtracap Fintech, which operates fintech platform Bridge2Capital and raised angel funding to the tune of a million ......

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IIFL Home Finance secures debt funding from offshore investor

Finance

17 July, 2023

IIFL Home Finance secures debt funding from offshore investor

Abu Dhabi Investment Authority-backed IIFL Home Finance Ltd, a wholly-owned subsidiary of IIFL Finance, has secured debt capital from an ......

Realty ownership platform hBits bags fresh funding

TMT

12 September, 2022

Realty ownership platform hBits bags fresh funding

Mumbai-based fractional ownership startup hBits on Monday said it has secured Rs 20 crore (around $2.6 million) as a part ......

IIFL Finance, Open Financial JV to launch neobank for MSMEs

Finance

03 May, 2022

IIFL Finance, Open Financial JV to launch neobank for MSMEs

Fairfax Financial Holdings Ltd-backed non-bank lender IIFL Finance Ltd and SME-focused neo-banking platform Open Financial Technologies Private Ltd, on Tuesday ......

White Oak, IIFL, others help Aether raise additional Rs 130 cr in pre-IPO round

Manufacturing

15 March, 2022

White Oak, IIFL, others help Aether raise additional Rs 130 cr in pre-IPO round

Specialty chemicals company Aether Industries Limited has secured an additional pre-IPO funding of Rs 130 crore from SBI Mutual Funds ......

Fairfax-backed IIFL ropes in Network18 exec as head of human resources

Finance

06 January, 2022

Fairfax-backed IIFL ropes in Network18 exec as head of human resources

Fairfax Financial Holdings Ltd-backed non-bank lender IIFL Finance Ltd has appointed Richa Sachdeva Chatterjee as the company’s new president and ......

IIFL Fintech Fund to invest Rs 300 cr in early-stage fintech startups

Finance

23 December, 2021

IIFL Fintech Fund to invest Rs 300 cr in early-stage fintech startups

Fairfax Financial Holdings Ltd-backed IIFL Group on Thursday said that the company is planning to invest Rs 300 crore through ......

IIFL Fintech Fund backs AI startup Data Sutram

TMT

01 October, 2021

IIFL Fintech Fund backs AI startup Data Sutram

Extrapolate Advisors Pvt Ltd, which runs the Kolkata-based AI startup Data Sutram, has raised funding for an undisclosed amount from ......

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IIFL founder Nirmal Jain on why the group split into three and more

Finance

27 January, 2020

IIFL founder Nirmal Jain on why the group split into three and more

Six months ago, Fairfax-backed IIFL group split into three listed entities -- finance, wealth and securities – as part of ......