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Finance

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

Inflection Point, Multiply Ventures, others back debt relief firm FREED

Finance

05 May, 2022

Inflection Point, Multiply Ventures, others back debt relief firm FREED

Kavach Financial Services Pvt Ltd, which runs consumer debt relief platform FREED, on Thursday said it has raised pre-Series A...

Fintech Klub aims to double investments from fund in two quarters

Finance

05 May, 2022

Fintech Klub aims to double investments from fund in two quarters

Ken Capital Technologies-owned fintech platform, Klub is looking to double its investments from its revenue-based financing (RBF)...

Strong start for LIC on day 1 of IPO

Finance

05 May, 2022

Strong start for LIC on day 1 of IPO

The subscription for India’s biggest initial public offer ever - of Life Insurance Corp of India - witnessed a strong ......

US Fed hikes interest rate by half percentage point, to begin balance sheet reduction in June

Finance

05 May, 2022

US Fed hikes interest rate by half percentage point, to begin balance sheet reduction in June

The Federal Reserve Wednesday raised its benchmark overnight interest rate by half a percentage point, the biggest jump in 22...

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Quona Capital's third fund exceeds target of $250 mn, gears for final close

Finance

04 May, 2022

Quona Capital's third fund exceeds target of $250 mn, gears for final close

Venture capital company Quona Capital is set to mark the final close of its third fund in a few months ......

Coinbase takes loan from Goldman Sachs using Bitcoin as collateral, report

Finance

04 May, 2022

Coinbase takes loan from Goldman Sachs using Bitcoin as collateral, report

Leading crypto exchange Coinbase, which started trading services in India last month, has taken out a loan from Goldman Sachs...

RBI hikes repo rate by 40 bps to 4.40%

Finance

04 May, 2022

RBI hikes repo rate by 40 bps to 4.40%

The Reserve Bank of India's monetary policy committee raised the key lending rate by 40 basis points on Wednesday, citing...

Kaleidofin raises additional $15 mn in Series B funding

Finance

04 May, 2022

Kaleidofin raises additional $15 mn in Series B funding

Chennai-based Kaleidofin Pvt. Ltd, which operates an eponymous neobanking platform, has raised $15 million...

IIFL Finance, Open Financial JV to launch neobank for MSMEs

Finance

03 May, 2022

IIFL Finance, Open Financial JV to launch neobank for MSMEs

Fairfax Financial Holdings Ltd-backed non-bank lender IIFL Finance Ltd and SME-focused neo-banking platform Open Financial Technologies...

Norway sovereign wealth fund CEO warns of rocky times

Finance

03 May, 2022

Norway sovereign wealth fund CEO warns of rocky times

Norway's $1.2 trillion sovereign wealth fund, the world's largest, expects difficult market conditions in the time to...

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