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Finance

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

Kedaara-backed Spandana eyes to raise Rs 300 cr

Finance

23 February, 2022

Kedaara-backed Spandana eyes to raise Rs 300 cr

Kedaara Capital-backed microlender Spandana Sphoorty Financial Limited (Spandana) on Wednesday said it is planning to raise Rs...

Info Edge-funded agritech platform Gramophone unveils $2 mn ESOP buyback plan

Finance

23 February, 2022

Info Edge-funded agritech platform Gramophone unveils $2 mn ESOP buyback plan

Agritech startup Gramophone, operated by Agstack Technologies Pvt. Ltd, on Wednesday announced its employee stock ownership plan...

Artha Venture leads $2.2 mn bet on financial firm KarmaLife

Finance

23 February, 2022

Artha Venture leads $2.2 mn bet on financial firm KarmaLife

Financial platform KarmaLife on Wednesday said it has raised a pre-Series A funding of $2.2 million (around Rs 16 crore)...

Ashneer Grover files arbitration plea in SIAC

Finance

23 February, 2022

Ashneer Grover files arbitration plea in SIAC

BharatPe co-founder and managing director Ashneer Grover has filed an arbitration plea with the Singapore International Arbitration...

BharatPe to reclaim ESOPs from Madhuri Jain, wife of co-founder Ashneer Grover

Finance

23 February, 2022

BharatPe to reclaim ESOPs from Madhuri Jain, wife of co-founder Ashneer Grover

BharatPe is set to claw back stocks from the head of controls, Madhuri Jain, wife of embattled co-founder Ashneer Grover, ......

Purplle backer IvyCap Ventures marks first close of third fund at $214 mn

Finance

23 February, 2022

Purplle backer IvyCap Ventures marks first close of third fund at $214 mn

IvyCap Ventures on Wednesday said it has marked the first close of its third fund at Rs 1,608 crore ($214 ......

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Sequoia-backed PagarBook gears up for Series B round, seeks $300 mn valuation

Finance

22 February, 2022

Sequoia-backed PagarBook gears up for Series B round, seeks $300 mn valuation

Employee management platform PagarBook, which is currently aiming to build a full-stack digital banking solution, is in discussion...

India's IPO-bound LIC may not sell entire stake in IDBI Bank - chairman

Finance

21 February, 2022

India's IPO-bound LIC may not sell entire stake in IDBI Bank - chairman

State-run Life Insurance Corp of India (LIC), which is planning the country's largest IPO next month, may not sell its ......

Premium
EbixCash to file draft prospectus for $1 billion IPO

Finance

22 February, 2022

EbixCash to file draft prospectus for $1 billion IPO

EbixCash, the Indian subsidiary of Nasdaq-listed Ebix Inc. will soon file the draft papers for its initial public offering (IPO)...

Flipkart sells Cleartrip's Middle East business to Wego

Finance

21 February, 2022

Flipkart sells Cleartrip's Middle East business to Wego

Online travel marketplace Wego, operated by Wego Pte Ltd, has signed a definitive agreement with the Flipkart Group to buy ......

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