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

Axis Bank raises stake in Max Life Insurance

Finance

19 June, 2024

Axis Bank raises stake in Max Life Insurance

India's Axis Bank acquired additional equity shares of Max Life Insurance Company, a unit of Max Financial Services......

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BPEA Credit eyes final close of latest India-focused fund next quarter 

Finance

19 June, 2024

BPEA Credit eyes final close of latest India-focused fund next quarter 

BPEA Credit, an Asia-focused alternative investment firm that offers private credit to mid-market companies and has ......

8X Ventures marks first close of deeptech-focused fund

Finance

19 June, 2024

8X Ventures marks first close of deeptech-focused fund

Early-stage venture capital firm 8X Ventures Wednesday said it has marked the first close of its second VC fund, a ......

Canadian pension fund OTPP trims Asia venture growth team, to focus on India

Finance

19 June, 2024

Canadian pension fund OTPP trims Asia venture growth team, to focus on India

Ontario Teachers' Pension Plan (OTPP), Canada's third largest pension fund, said it has laid off four dealmakers......

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Former Nabventures CEO starts own investment firm for growth-stage bets

Finance

18 June, 2024

Former Nabventures CEO starts own investment firm for growth-stage bets

Rajesh Ranjan, former chief executive officer of Nabventures, a venture growth equity fund that invests in agriculture, ......

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Ares Asia spins high returns from India portfolio after a string of flops

Finance

18 June, 2024

Ares Asia spins high returns from India portfolio after a string of flops

Private equity-style alternative investment firm Ares Asia, formerly Ares SSG, which began life after US-based Ares ......

Sensex, Nifty end at record high for third session, aided by IT, private banks

Finance

18 June, 2024

Sensex, Nifty end at record high for third session, aided by IT, private banks

Indian shares finished at record closing highs for the third session in a row on Tuesday, led by gains in ......

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SPE Capital hits first close for its $350 mn North Africa PE fund

Finance

18 June, 2024

SPE Capital hits first close for its $350 mn North Africa PE fund

SPE Capital, an Africa and Middle East-focused private equity firm managing a portfolio of over 15 companies, has hit ......

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Gulf Capital's El Solh on fourth fund's strategy, attracting Asian LPs and more

Finance

18 June, 2024

Gulf Capital's El Solh on fourth fund's strategy, attracting Asian LPs and more

Abu Dhabi-based private equity firm Gulf Capital, which commands assets under management of more than $2.4 billion ......

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Bottomline: Actis-owned lender Profectus ups profit, AUM nearing $400 mn mark

Finance

18 June, 2024

Bottomline: Actis-owned lender Profectus ups profit, AUM nearing $400 mn mark

Private equity firm Actis-controlled non-banking financial company (NBFC) Profectus Capital Pvt. Ltd, saw a decent rise ......

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