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

Insurtech startup Onsurity raises $45 mn in Series B round

Finance

16 September, 2024

Insurtech startup Onsurity raises $45 mn in Series B round

Onsurity Technologies, which operates an eponymous insurtech startup, has concluded its $45 million Series B round, led ......

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BlackSoil's Ankur Bansal on Caspian merger, funding plans and possible IPO

Finance

16 September, 2024

BlackSoil's Ankur Bansal on Caspian merger, funding plans and possible IPO

Earlier this month, impact investment lender Caspian Debt announced a merger with alternative credit provider BlackSoil ......

Bajaj Housing Finance more than doubles in debut, fetches $16 bn valuation

Finance

16 September, 2024

Bajaj Housing Finance more than doubles in debut, fetches $16 bn valuation

Shares of Bajaj Housing Finance more-than-doubled in their trading debut on Monday, giving the company a market ......

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Blackstone weighs VFS stake sale; foreign bank seen scouting for buyers

Finance

13 September, 2024

Blackstone weighs VFS stake sale; foreign bank seen scouting for buyers

Blackstone, the world’s biggest private equity firm, is looking to monetise its three-year-old bet on global visa ......

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True North hires former Investec exec for private credit vertical

Finance

13 September, 2024

True North hires former Investec exec for private credit vertical

Mumbai-based True North, a homegrown private equity firm which wrapped up fundraising for its maiden private credit fund......

Rural-focussed NBFC Moneyboxx Finance raises $21 mn

Finance

13 September, 2024

Rural-focussed NBFC Moneyboxx Finance raises $21 mn

Non-bank lender Moneyboxx Finance has raised Rs 176 crore ($21 million) of capital to support growth plans, the company......

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Bottomline: PE-owned HDFC Credila's FY24 profit jumps as loan growth sustains

Finance

13 September, 2024

Bottomline: PE-owned HDFC Credila's FY24 profit jumps as loan growth sustains

HDFC Credila Financial Services, which recently came under private equity ownership, has sustained the pace of its ......

PGIM opens Abu Dhabi office, joining money managers' rush to UAE capital

Finance

13 September, 2024

PGIM opens Abu Dhabi office, joining money managers' rush to UAE capital

PGIM, the investment management arm of U.S. insurer Prudential Financial, has opened an office in Abu Dhabi, it said on ......

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Ares Asia scripting over $250 mn India exit with bumper returns

Finance

12 September, 2024

Ares Asia scripting over $250 mn India exit with bumper returns

Private equity-style alternative investment firm Ares Asia, formerly known as Ares SSG, is on the way to scoring multi-......

PE-backed Vastu Housing Finance secures $50 mn from US development financier

Finance

12 September, 2024

PE-backed Vastu Housing Finance secures $50 mn from US development financier

Vastu Housing Finance has received a loan of up to $50 million from United States International Development Finance ......

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