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Finance

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

RevFin secures Rs 100 cr debt funding to boost EV solution sales

Finance

14 March, 2022

RevFin secures Rs 100 cr debt funding to boost EV solution sales

E-mobility focused digital lending startup RevFin on Monday said it has raised debt financing of Rs 100 crore (around $13 ......

KKR, Blackstone, Piramal among 14 entities show interest to buy stressed Reliance Cap: report

Finance

14 March, 2022

KKR, Blackstone, Piramal among 14 entities show interest to buy stressed Reliance Cap: report

Global private equity major KKR, Apollo Global, Blackstone, Brookfield and JC Flowers are among the 14 entities that have expressed...

LIC IPO may be postponed to April

Finance

14 March, 2022

LIC IPO may be postponed to April

India’s largest initial public offering of Life Insurance Corporation (LIC) of India is to be postponed to April, according...

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IIFL AMC to expand strategy, investor base as it mops up ₹2,600 cr in pre-IPO fund

Finance

14 March, 2022

IIFL AMC to expand strategy, investor base as it mops up ₹2,600 cr in pre-IPO fund

IIFL Wealth and Asset Management (IIFL AMC), backed by Fairfax Financial Holdings Ltd, is raising ₹2,600 crore (around $340...

Paytm Payments Bank barred by RBI from onboarding new customers

Finance

11 March, 2022

Paytm Payments Bank barred by RBI from onboarding new customers

The Reserve Bank of India (RBI), in its latest order issued today, directed Vijay Shekhar Sharma-led Paytm Payments Bank Ltd ......

Bessemer Venture Partners launches crypto focused $250 mn fund

Finance

11 March, 2022

Bessemer Venture Partners launches crypto focused $250 mn fund

US-based venture capital firm Bessemer Venture Partners said it has launched a $250 million fund dedicated to the cryptocurrency...

CDC Group invests $50 mn in Aavas's women-focused financing program

Finance

10 March, 2022

CDC Group invests $50 mn in Aavas's women-focused financing program

CDC Group, the UK’s development finance institution, has announced a Rs 360 crore (around $50 million) investment in a women-centered...

Japan's MUFG Bank to float India-dedicated $300 mn startup fund

Finance

10 March, 2022

Japan's MUFG Bank to float India-dedicated $300 mn startup fund

MUFG Bank, the banking subsidiary of Japan's financial group Mitsubishi UFJ Financial Group, Inc (MUFG), on Thursday said...

EbixCash files draft papers for $785 mn IPO

Finance

10 March, 2022

EbixCash files draft papers for $785 mn IPO

Nasdaq-listed Ebix Inc’s Indian subsidiary EbixCash has filed draft papers for an initial public offering (IPO) of Rs 6,000...

Women-backed small businesses face $11.4 bn unmet credit demand: IFC report

Finance

08 March, 2022

Women-backed small businesses face $11.4 bn unmet credit demand: IFC report

India’s women-owned very small businesses (WVSEs), which are credit-starved, need an estimated capital worth Rs 83,600 crore...

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