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

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Bottomline: Fullerton-backed Lendingkart's FY24 profit nearly halves; revenue, AUM up

Finance

07 June, 2024

Bottomline: Fullerton-backed Lendingkart's FY24 profit nearly halves; revenue, AUM up

Lendingkart Finance Ltd, the non-banking financial company (NBFC) owned and operated by the Lendingkart Group, saw its ......

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Path to profitability key in Egyptian VC Beltone's deployment strategy

Finance

07 June, 2024

Path to profitability key in Egyptian VC Beltone's deployment strategy

Egypt-based Beltone Venture Capital (BVC), which is a subsidiary of Beltone Holding and is currently deploying capital... ...

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ADV Partners' Suresh Prabhala on deploying second fund, a possible third outing and more

Finance

07 June, 2024

ADV Partners' Suresh Prabhala on deploying second fund, a possible third outing and more

Asian private equity firm ADV Partners, which has backed companies such as Arjas Steel, Micro Plastics, Dr Agarwal's......

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Auxano Capital raises target corpus of angel fund, plans new outing

Finance

06 June, 2024

Auxano Capital raises target corpus of angel fund, plans new outing

Growth stage venture capital (VC) firm Auxano Capital, which has backed companies like online pet care platform PetSutra......

SEBI warns ICICI Bank over investor outreach for unit's delisting

Finance

06 June, 2024

SEBI warns ICICI Bank over investor outreach for unit's delisting

India's markets regulator has warned ICICI Bank over its employees reaching out to shareholders of its unit, ICICI ......

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Shorooq Partners eyes Saudi expansion with ‘oversubscribed' Bedaya Fund II

Finance

05 June, 2024

Shorooq Partners eyes Saudi expansion with ‘oversubscribed' Bedaya Fund II

Shorooq Partners, an Abu Dhabi-based venture capital firm, is set to double down on its commitments in Saudi Arabia ......

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Florintree-backed Satin Creditcare raising $40 mn from offshore investor

Finance

05 June, 2024

Florintree-backed Satin Creditcare raising $40 mn from offshore investor

Gurugram-based microfinance lender Satin Creditcare Network Ltd is raising up to Rs 332 crore ($40 million) in fresh ......

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C4D Partners changes timeline for India-focused fund

Finance

05 June, 2024

C4D Partners changes timeline for India-focused fund

Impact investment firm Capital 4 Development (C4D) Partners has revised the timeline for making the first close of its ......

Tata Motors' finance unit to merge with Tata Capital

Finance

05 June, 2024

Tata Motors' finance unit to merge with Tata Capital

Tata Motors' vehicle financing unit will merge with non-banking financial company Tata Capital in a share swap deal......

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How UAE's Gulf Capital is seeing a shift in its exit strategy

Finance

04 June, 2024

How UAE's Gulf Capital is seeing a shift in its exit strategy

Gulf Capital, a UAE-based private equity firm, which is currently monetizing its $750 million third investment vehicle, ......

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