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Finance

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

AngelList backs insurtech firm Nova Benefits in first Indian early-stage quant fund bet

Finance

09 February, 2022

AngelList backs insurtech firm Nova Benefits in first Indian early-stage quant fund bet

Nova Benefits Pvt Ltd, a corporate health insurance platform for employees, has raised an undisclosed amount from Indian-American...

RBI must focus more on inflation to combat spiking yields, traders say

Economy

09 February, 2022

RBI must focus more on inflation to combat spiking yields, traders say

Indian debt traders have dismissed government officials' concerns about bonds being mispriced, saying they reflected fundamentals...

Banks, automakers drive Indian shares higher ahead of cenbank decision

Economy

09 February, 2022

Banks, automakers drive Indian shares higher ahead of cenbank decision

Indian shares ended sharply higher on Wednesday, lifted by automakers and bank stocks, with investor focus fixed on the central...

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Fintech services launch neobanks to offer credit, other banking solutions

Finance

09 February, 2022

Fintech services launch neobanks to offer credit, other banking solutions

India’s new-age financial technology services companies are increasingly launching neobanking platforms to offer credit...

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Development finance institution NEDFi to invest in startup funds of Assam, Tripura govts

Finance

08 February, 2022

Development finance institution NEDFi to invest in startup funds of Assam, Tripura govts

North Eastern Development Finance Corporation Ltd (NEDFi), the development finance institution backed the Ministry of Development...

Venture growth investment firm Arvog picks up stake in cloud-based neobank Nemo

Finance

08 February, 2022

Venture growth investment firm Arvog picks up stake in cloud-based neobank Nemo

Finance and venture growth tech investment company Arvog, which is a part of BSE-listed Finkurve Financial Services Ltd, on Tuesday...

SoftBank Q3 profit collapses as Arm deal falls through

Finance

08 February, 2022

SoftBank Q3 profit collapses as Arm deal falls through

SoftBank Group Corp reported a 97% drop in quarterly profit and the collapse of a deal worth up to $80 ......

Razorpay buys majority stake in Malaysia-based fintech Curlec

Finance

08 February, 2022

Razorpay buys majority stake in Malaysia-based fintech Curlec

Digital payments and financial services unicorn, Razorpay Software Pvt Ltd, has acquired a majority stake in Malaysia-based fintech...

Norwest, Elevation lead $40 mn bet on IFC-backed Mintifi

Finance

08 February, 2022

Norwest, Elevation lead $40 mn bet on IFC-backed Mintifi

Buy now pay later (BNPL) platform Mintifi, which is backed by International Finance Corporation (IFC), on Tuesday said it has...

Apollo leads $267 mn in non-bank lender Hero FinCorp

Finance

07 February, 2022

Apollo leads $267 mn in non-bank lender Hero FinCorp

Hero FinCorp has raised Rs 2,000 crore ($267 million) growth capital from US-based private equity major Apollo Management, its...

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