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Finance

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

Florintree Advisors to invest Rs 100 cr in Satin Creditcare

Finance

07 December, 2021

Florintree Advisors to invest Rs 100 cr in Satin Creditcare

Florintree Advisors, led by former Blackstone India Head Mathew Cyriac, will be investing Rs 100 crore in microfinance firm Satin...

Lets Venture, Inflection Point Ventures backs digital mortgage platform LoanKuber

Finance

06 December, 2021

Lets Venture, Inflection Point Ventures backs digital mortgage platform LoanKuber

LoanKuber, a digital mortgage platform focused on micro, small and medium enterprises (MSMEs), has raised Rs 13 crore (around...

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CarDekho unit InsuranceDekho appoints Haitong India for fundraise

Finance

06 December, 2021

CarDekho unit InsuranceDekho appoints Haitong India for fundraise

CarDekho subsidiary InsuranceDekho has appointed investment bank Haitong India to raise around $75-100 million to fund its growth,...

Anil Ambani's Reliance Capital becomes fourth NBFC to enter for insolvency

Finance

06 December, 2021

Anil Ambani's Reliance Capital becomes fourth NBFC to enter for insolvency

A Mumbai bench of the insolvency court on Monday admitted a plea to initiate a resolution process against Reliance Capital ......

Muthoot Microfin raises $50 mn from PE firm Greater Pacific Capital

Finance

06 December, 2021

Muthoot Microfin raises $50 mn from PE firm Greater Pacific Capital

Muthoot Microfin Ltd, the microfinance arm of Thiruvananthapuram-based Muthoot Pappachan Group, on Monday said it has raised $50...

Mswipe ropes in Kotak executive as CEO of its lending arm Mcapital

Finance

06 December, 2021

Mswipe ropes in Kotak executive as CEO of its lending arm Mcapital

Mcapital, the lending arm of Mswipe Technologies Pvt Ltd, has roped in Kotak Mahindra Bank’s National Head, Rohit Agarwal...

India's central bank to hold rates at Dec meeting, hike early next year: Reuters poll

Economy

06 December, 2021

India's central bank to hold rates at Dec meeting, hike early next year: Reuters poll

The Reserve Bank of India will hike its reverse repo rate early next year and increase its repo rate the ......

Indian shares fall nearly 2% as IT stocks weigh, Omicron fears loom

Finance

06 December, 2021

Indian shares fall nearly 2% as IT stocks weigh, Omicron fears loom

Indian shares closed nearly 2% lower on Monday, hurt by a selloff in information technology (IT) stocks, as increasing cases ......

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Startups have shelled out $440 mn to buy back employee Esops in 2021 till date

Finance

06 December, 2021

Startups have shelled out $440 mn to buy back employee Esops in 2021 till date

Startups are bending backwards to sweeten deals in a bid to hire and retain employees in this competitive market. In ......

GLOBAL MARKETS-Wall Street tipped to open modestly firmer after U.S. payrolls miss

Finance

03 December, 2021

GLOBAL MARKETS-Wall Street tipped to open modestly firmer after U.S. payrolls miss

Wall Street futures moved higher and bond yields slipped on Friday, though moves were modest as an underwhelming U.S. monthly...

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