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Finance

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

DMI Finance buys controlling stake in payment firm Appnit

Finance

28 March, 2022

DMI Finance buys controlling stake in payment firm Appnit

New Delhi-based non-bank lender DMI Finance has acquired a controlling stake in payment system operator Appnit Technologies Private...

Tata Capital Healthcare Fund's second vehicle marks final close

Finance

28 March, 2022

Tata Capital Healthcare Fund's second vehicle marks final close

Tata Capital Healthcare Fund, the healthcare focused arm of private equity firm Tata Capital Ltd, on Monday said it has ......

Vivriti Capital raises $55 mn from existing investors

Finance

28 March, 2022

Vivriti Capital raises $55 mn from existing investors

Non-bank lender Vivriti Capital Pvt. Ltd has announced $55 million (around Rs 400 crore) capital raising from its existing investors...

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Deals Digest: Companies raise $454 mn this week; CommerceIQ, Oxyzo turn unicorns

Finance

25 March, 2022

Deals Digest: Companies raise $454 mn this week; CommerceIQ, Oxyzo turn unicorns

Companies raised $454 million in venture capital (VC) and private equity (PE) funding this week, and CommerceIQ and Oxyzo Financial...

Ola to buy fintech firm Avail Finance to strengthen financial services biz

Finance

25 March, 2022

Ola to buy fintech firm Avail Finance to strengthen financial services biz

SoftBank-backed ANI Technologies Pvt Ltd, which operates cab ride-hailing aggregator platform Ola Cabs, has agreed to buy neobanking...

Northern Arc, Triple Jump back MSME lender Aye Finance with Rs 75 cr debt

Finance

24 March, 2022

Northern Arc, Triple Jump back MSME lender Aye Finance with Rs 75 cr debt

Fintech platform Aye Finance on Thursday said it has raised Rs 75 crore (around $10 million) in debt financing from ......

Arali Ventures hits road to roll out second seed fund; eyes up to $40 mn fundraise

Finance

24 March, 2022

Arali Ventures hits road to roll out second seed fund; eyes up to $40 mn fundraise

Micro venture capital firm Arali Ventures, which primarily focuses on enterprise tech in India, has hit the road to launch ......

Vivriti Asset Management marks final close of its second debt fund at Rs 350 cr

Finance

23 March, 2022

Vivriti Asset Management marks final close of its second debt fund at Rs 350 cr

Debt-focused asset management company Vivriti Asset Management (VAM) on Wednesday said it has marked the final close of its second...

OfBusiness lending arm Oxyzo turns unicorn with largest-ever Series A funding

Finance

23 March, 2022

OfBusiness lending arm Oxyzo turns unicorn with largest-ever Series A funding

Oxyzo Financial Solutions Pvt Ltd, the financing arm of OfBusiness, has turned unicorn after raising $200 million in...

Denmark-based PE firm Maj Invest bets on two-wheeler financier Berar

Finance

22 March, 2022

Denmark-based PE firm Maj Invest bets on two-wheeler financier Berar

Berar Finance Ltd, which runs a two-wheeler-focused financing unit, has raised Rs 100 crore($13 million) in an equity round of...

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