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Finance

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

Sequoia-backed Rebel Foods fires 2% of workforce

Finance

16 January, 2023

Sequoia-backed Rebel Foods fires 2% of workforce

Cloud kitchen brand Rebel Foods which operates Faasos, Behrouz Biryani and Oven Story Pizza has sacked close to 2% of ......

Fitch downgrades Azure Power's bond rating

Finance

16 January, 2023

Fitch downgrades Azure Power's bond rating

Fitch Ratings has downgraded CDPQ-backed Azure Power Energy’s (Azure RG3) US dollar bond to ‘BB’ from ‘BB+’ on......

Markets fall as foreign outflows persist, oil weighs

Finance

16 January, 2023

Markets fall as foreign outflows persist, oil weighs

Shares ended lower in a volatile session on Monday, weighed down by continued foreign investor selling and higher oil ......

Lighthouse Canton marks 1st close of debt fund at ₹155 cr

Finance

16 January, 2023

Lighthouse Canton marks 1st close of debt fund at ₹155 cr

Singapore-based investor Lighthouse Canton has marked the first close of its maiden venture debt fund focused on Indian startups, at ......

Sequioa backed Klub extends credit to BluSmart, Hero Electric, others

Finance

16 January, 2023

Sequioa backed Klub extends credit to BluSmart, Hero Electric, others

Revenue-based financing platform Klub on Monday said it has extended credit up to Rs 50 crore (around $6 million) to ......

Markets log weekly gains as rate worries ease

Finance

13 January, 2023

Markets log weekly gains as rate worries ease

Shares closed higher on Friday, logging a weekly gain, boosted by a rise in heavyweight financial and IT stocks, and ......

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Funding value drops as early-stage deals lead in ecosystem this week

Finance

13 January, 2023

Funding value drops as early-stage deals lead in ecosystem this week

Venture capital and private equity funding activity remained subdued in terms of value this week, as early-stage funding......

Morgan Stanley picks up stake in Paytm after Alibaba's divestment

Finance

13 January, 2023

Morgan Stanley picks up stake in Paytm after Alibaba's divestment

After stake sale by Alibaba, Singapore in One 97 Communications Ltd aka Paytm, Morgan Stanley Asia (Singapore) has ......

Apax Partners to sell its entire stake in Shriram Finance

Finance

13 January, 2023

Apax Partners to sell its entire stake in Shriram Finance

Private equity major Apax Partners LLP is likely to sell its entire 4.63% stake in non-bank lender Shriram Finance in ......

Alibaba sells Paytm stake worth $125 mn via block deal

Finance

12 January, 2023

Alibaba sells Paytm stake worth $125 mn via block deal

China's Alibaba Group sold a 3.1% stake in digital payments firm Paytm for a total of $125 million through a ......

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