Finance
Stay updated with the latest financial news, funding developments, government policies, and insights shaping the finance sector in India.
Finance
Multiples PE-backed Vastu Housing taps second equity investor in as many months
Vastu Housing Finance Corporation Ltd., a mortgage lender controlled by Renuka Ramnath-led private equity firm Multiples......
Finance
Binance to pay $4.3 bn fine, Zhao quits after pleading guilty to violating US laws
Binance chief Changpeng Zhao stepped down and pleaded guilty to breaking U.S. anti-money laundering laws as part of a $4......
Finance
Govt cancels bid process to hire valuer for IDBI Bank sale
The Indian government has cancelled the bidding process to hire an asset valuer for its planned IDBI Bank share sale, ......
Finance
Chimera-owned Lunate, BNY Mellon set up wealth-tech firm Alpheya
Chimera Investments-owned alternative investment manager Lunate and US bank BNY Mellon are investing in Alpheya, a ......
Finance
Cholamandalam Investment taps offshore investor to raise fresh capital
Murugappa Group firm Cholamandalam Investment & Finance Company Ltd is set to receive fresh capital from a development ......
Finance
Bain Capital raises $7.1 bn in largest pan-Asia PE fund this year
Bain Capital has completed the final close of its fifth pan-Asia private equity fund at $7.1 billion, exceeding its ......
Finance
NBFCs may tap bond market after RBI tightens tougher personal loan rules
Indian non-banking finance companies (NBFCs), including Bajaj Finance, L&T Finance and SBI Cards and Payment Services, ......
Finance
Madison India floats new private equity fund after six-year gap
Private equity firm Madison India Capital has floated a new fund, about six years after it closed its fourth investment......
Finance
KB Group-backed Elev8 gets a cheque from key LP for maiden VC fund
Growth-stage-focused venture capital firm Elev8 Venture Partners, which is co-sponsored by South Korea's financial ......
Finance
True North changes exit plan for financial services firm yet again
Private equity firm True North, which has made several monetisation moves this year while also slashing the target ......
