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Finance

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

RBI bars Sachin Bansal's Navi, PE-backed Arohan, DMI Finance from issuing loans

Finance

17 October, 2024

RBI bars Sachin Bansal's Navi, PE-backed Arohan, DMI Finance from issuing loans

The Reserve Bank of India said Thursday it has barred four non-banking finance companies (NBFCs) from sanctioning and ......

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Shubham Housing gears up for fresh PE fundraise to boost capitalisation

Finance

17 October, 2024

Shubham Housing gears up for fresh PE fundraise to boost capitalisation

PremjiInvest-backed Shubham Housing Development Finance is in the process of raising fresh equity capital, in a move ......

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Adenia Partners' Schow on focus over sector, country diversification for fifth Africa fund and more

Finance

17 October, 2024

Adenia Partners' Schow on focus over sector, country diversification for fifth Africa fund and more

Mauritius-based private equity firm Adenia Partners, which traditionally makes control-styled bets on mid-market ......

Tetr College launches fund to back student entrepreneurs

Finance

17 October, 2024

Tetr College launches fund to back student entrepreneurs

Global business school Tetr College of Business Thursday said it is launching ‘Tetr - Under 20’, a fund to back ......

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Jada-backed Artal Capital eyes final close of maiden PE fund by Q1 2025

Finance

17 October, 2024

Jada-backed Artal Capital eyes final close of maiden PE fund by Q1 2025

Artal Capital, a Riyadh-based multi-asset investment firm that manages assets worth $600 million and marked the first ......

Goldman Sachs' Saudi Arabia CEO leaving firm

Finance

17 October, 2024

Goldman Sachs' Saudi Arabia CEO leaving firm

Goldman Sachs' Saudi Arabia CEO, Khalid Albdah, is leaving the firm, a source familiar with the situation told ......

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BPEA Credit eyes over $1.5 bn AUM with new fund after rebranding

Finance

16 October, 2024

BPEA Credit eyes over $1.5 bn AUM with new fund after rebranding

Asia-focussed private credit firm BPEA Credit, which counts Veranda Learning, mPokket, WeWork India and DMW Group among ......

BNP Paribas rethinks Middle East HQ as it cuts headcount in Bahrain

Finance

16 October, 2024

BNP Paribas rethinks Middle East HQ as it cuts headcount in Bahrain

BNP Paribas is planning to reduce headcount in Bahrain and scrap Manama as its Middle East and Africa head office, ......

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Spotlight: Why Apollo Global-backed Clix Capital has failed to click

Finance

17 October, 2024

Spotlight: Why Apollo Global-backed Clix Capital has failed to click

Clix Capital had everything going for it. A solid pedigree, experienced founders and a deep-pocketed global private ......

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SVC backs VC portfolio firm in second LP bet this year

Finance

16 October, 2024

SVC backs VC portfolio firm in second LP bet this year

Riyadh’s state-owned Saudi Venture Capital (SVC), which manages assets worth $2.2 billion, has struck its second ......

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