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Finance

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

PE exits hit 5-year low as investors caution over valuations: IIFL-VCCEdge report

Finance

22 December, 2021

PE exits hit 5-year low as investors caution over valuations: IIFL-VCCEdge report

Private equity (PE) exits hit a five-year low with deal volume and value falling 18%, led by a dip in ......

TIW Private Equity invests $4 mn in Huechem Textiles

Consumer

21 December, 2021

TIW Private Equity invests $4 mn in Huechem Textiles

TIW Capital Group’s TIW India Buyout Fund has invested Rs 30 crore (around $4 million) in Huechem Textiles Private Limited...

SBI picks up minority stake in Apollo-backed JSW Cement

Finance

21 December, 2021

SBI picks up minority stake in Apollo-backed JSW Cement

India’s largest lender, the State Bank of India (SBI), has invested Rs 100 crore in JSW Cement, a part of the ......

SoftBank-backed Snapdeal files for an IPO

Finance

21 December, 2021

SoftBank-backed Snapdeal files for an IPO

E-commerce platform Snapdeal has filed a draft red herring prospectus (DRHP) with the Securities Exchange Board of India (SEBI)...

Trainman raises funds from BharatPe exec, others; eyes more investment

Consumer

20 December, 2021

Trainman raises funds from BharatPe exec, others; eyes more investment

Stark Enterprises Pvt Ltd-backed Trainman has raised an undisclosed amount from Vijay Aggarwal, Chief Technology Officer of BharatPe,...

RenewBuy executes second ESOP buyback for existing, former employees

Finance

20 December, 2021

RenewBuy executes second ESOP buyback for existing, former employees

Digital insurance company RenewBuy has executed its second employee stock ownership buyback plan (ESOP), worth Rs 13.7 crore,...

OfBusiness raises $325 mn in fourth major fundraise this year

Finance

20 December, 2021

OfBusiness raises $325 mn in fourth major fundraise this year

Raw material procurement and business financing platform, OfBusiness, has raised $325 million in its third major equity fundraise...

Indian companies more acquisitive post covid: Bain & Co

Finance

21 December, 2021

Indian companies more acquisitive post covid: Bain & Co

The business disruption caused by the covid-19 pandemic is encouraging Indian companies to transform their businesses through...

BNP Paribas to sell Bank of the West to Canada's BMO for around $16 bln

Finance

20 December, 2021

BNP Paribas to sell Bank of the West to Canada's BMO for around $16 bln

BNP Paribas, France's biggest bank by market capitalisation, said it had agreed to sell its U.S. unit Bank of the West...

Classplus launches 'ReSOP' policy for over 700 employees

Finance

20 December, 2021

Classplus launches 'ReSOP' policy for over 700 employees

Classplus, a Tiger Global-backed software as a service (SaaS) platform that focuses on digitising offline coaching institutes,...

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