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

Rupee breaches 83.58/$ level, ends at fresh record low

Economy

20 June, 2024

Rupee breaches 83.58/$ level, ends at fresh record low

The Indian rupee fell to a record low on Thursday, pressured by likely outflows and strong dollar demand from local ......

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Capria Ventures' India AUM may top $200 mn with new fund

Finance

20 June, 2024

Capria Ventures' India AUM may top $200 mn with new fund

US-based venture capital firm Capria Ventures, which is an investor in many homegrown startups including Betterplace, ......

Govt asks RBI to exempt sovereign funds from alternative investment fund rules

Finance

20 June, 2024

Govt asks RBI to exempt sovereign funds from alternative investment fund rules

The Indian government has asked the central bank to exempt sovereign funds from a recent set of tightened rules ......

General Catalyst acquires VC firm Venture Highway

Finance

20 June, 2024

General Catalyst acquires VC firm Venture Highway

US-based venture capital firm General Catalyst has acquired Indian VC firm Venture Highway to bolster its presence in the country.......

SEBI asks Religare to seek approval for Burman family to raise stake

Finance

20 June, 2024

SEBI asks Religare to seek approval for Burman family to raise stake

India's markets regulator has asked Religare Enterprises to apply for approvals to let the billionaire Burman family......

Pro
WestBridge makes modest returns in exit move as this year's total crosses $500 mn

Finance

19 June, 2024

WestBridge makes modest returns in exit move as this year's total crosses $500 mn

Private equity firm WestBridge Capital, which backs unlisted companies and also makes private investments in public ......

Pro
How impact investor Lightrock hit a gold mine in latest India exit

Finance

19 June, 2024

How impact investor Lightrock hit a gold mine in latest India exit

Impact-oriented private equity firm Lightrock, which is an investor in some marquee Indian companies such as......

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AstroTalk backer Elev8 Venture Partners sets timeline for final close of maiden fund

Finance

19 June, 2024

AstroTalk backer Elev8 Venture Partners sets timeline for final close of maiden fund

Elev8 Venture Partners, which was set up by a former Kae Capital partner and is raising $200 million (Rs 834.4 ......

Sensex, Nifty end flat as private banks provide cushion against falling PSU stocks

Finance

19 June, 2024

Sensex, Nifty end flat as private banks provide cushion against falling PSU stocks

Indian shares ended little changed in a volatile session on Wednesday as a rise in high-weightage private banks offset a......

GVFL hits halfway mark for seed-stage VC fund at first close

Finance

19 June, 2024

GVFL hits halfway mark for seed-stage VC fund at first close

Ahmedabad-based venture capital firm GVFL Ltd said Wednesday it has made the first close of its new investment vehicle, ......

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