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

PhonePe backer General Atlantic confidentially files for US IPO

Finance

12 December, 2023

PhonePe backer General Atlantic confidentially files for US IPO

Private equity firm General Atlantic has confidentially filed for a U.S. initial public offering, Bloomberg News ......

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Shriram Finance raising $500 mn via offshore vehicle, gets anchor investor

Finance

11 December, 2023

Shriram Finance raising $500 mn via offshore vehicle, gets anchor investor

Non-bank financial company Shriram Finance Ltd is raising as much as $500 million (Rs 4,170 crore) through an offshore......

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TPG, Matrix Partners, Peak XV strike $200-mn India exit

Finance

08 December, 2023

TPG, Matrix Partners, Peak XV strike $200-mn India exit

Private equity group TPG, which has had a hectic 2023 in India having struck over half a dozen investments across its ......

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Exclusive: CardinalStone set for secondary PE buyout in Nigeria

Finance

08 December, 2023

Exclusive: CardinalStone set for secondary PE buyout in Nigeria

CardinalStone Capital Advisers (CCA), a Lagos-based private equity firm that was spun off from multi-asset investment ......

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Madison PE, Nexus Ventures rework exit plan from portfolio company

Finance

08 December, 2023

Madison PE, Nexus Ventures rework exit plan from portfolio company

Private equity firm Madison India Capital, which has floated a new fund about six years after it closed its fourth ......

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Saudi's Jada FoF strikes another LP-style bet for tech SMEs in MENA, Asia

Finance

08 December, 2023

Saudi's Jada FoF strikes another LP-style bet for tech SMEs in MENA, Asia

Saudi Arabia’s Public Investment Fund-backed Jada Fund of Funds has made its fifth limited partner-style investment in......

RBI keeps repo rate unchanged as focus on inflation remains

Economy

08 December, 2023

RBI keeps repo rate unchanged as focus on inflation remains

The Indian central bank's key lending rate was held steady on Friday with inflation control remaining a major focus ......

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Rainmatter's Dinesh Pai on its genesis and the logic of support over returns

Finance

08 December, 2023

Rainmatter's Dinesh Pai on its genesis and the logic of support over returns

Zerodha’s fintech, health and storytelling investment arm has covered quite a distance since its inception in 2016......

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Warburg Pincus scripts near-$900 mn exit move in India

Finance

07 December, 2023

Warburg Pincus scripts near-$900 mn exit move in India

US private equity giant Warburg Pincus, which made a change in top management for its India business and wrapped up ......

Banks, NBFCs ask fintech firms to limit tiny personal loans amid RBI scrutiny

Finance

07 December, 2023

Banks, NBFCs ask fintech firms to limit tiny personal loans amid RBI scrutiny

Top Indian banks and non-bank lenders have asked their fintech partners to curtail issuing tiny personal loans, three ......

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