Finance

Stay updated with the latest financial news, funding developments, government policies, and insights shaping the finance sector in India.

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Bottomline: Ambit Finvest AUM, net profit surge; asset quality slips

Finance

11 December, 2024

Bottomline: Ambit Finvest AUM, net profit surge; asset quality slips

Adar Poonawalla-backed Ambit Finvest managed to raise both its asset under management (AUM) and net profit in the ......

Finance

11 December, 2024

CarDekho's Southeast Asia unit raises $60 mn from Navis Capital, others

Automobile marketplace CarDekho, which became a unicorn when it raised $250 million as a part of its Series E fundraise ......

Finance

11 December, 2024

Avanti Finance raises $14.2 mn from Dia Vikas Capital, others

Bengaluru-based NBFC Avanti Finance has raised $14.2 million, or about Rs 120 crore, from Dia Vikas Capital, along with ......

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Finance

11 December, 2024

We Founder Circle's top exec teams up with angel investor for pre-IPO fund

A top executive and founding member of early-stage investment platform We Founder Circle has teamed up with an angel ......

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Finance

10 December, 2024

Iliad Partners hits first close of maiden vehicle focussed on early-stage bets

Sovereign investor Jada Fund of Funds-backed venture capital fund Iliad Partners marked the first close of its $50 ......

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Finance

10 December, 2024

LPs pick out the three biggest challenges for PE investment in India

Global limited partners (LPs) have flagged three major bottlenecks that could impact private equity investments in India......

Finance

10 December, 2024

Multiples PE leads $118-mn investment in Shubham Housing

Private equity firm Multiples PE has led a Rs 1,000-crore ($118 million) Series F round of investment in Shubham Housing......

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Finance

10 December, 2024

Shorooq onboards new Korean investor for infusion in new asset classes

Abu Dhabi-based multi-asset investment firm Shorooq Partners, backed by ten sovereign wealth funds including UAE’s ......

Finance

10 December, 2024

RBI gives nod to Burman family for raising stake in Religare

The Reserve Bank of India (RBI) approved billionaire Burman family's plan to buy more shares in financial services ......

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Finance

10 December, 2024

First Bridge nears halfway mark for second PE fund, gets new LP

Indian private equity firm First Bridge has brought on board a new limited partner for its second fund as it ......

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