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

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Open backer Unicorn India Ventures raises bulk of second fund, adds global LPs

Finance

02 December, 2021

Open backer Unicorn India Ventures raises bulk of second fund, adds global LPs

Unicorn India Ventures, backer of companies such as neo-banking startup Open, micro-lending startup SmartCoin and robotics firm...

India Nov trade deficit at record $23.27 billion

Economy

02 December, 2021

India Nov trade deficit at record $23.27 billion

India posted a record merchandise trade deficit of $23.27 billion in November compared with $10.19 billion a year ago, preliminary...

Indian shares edge higher on auto, pharma boost; Omicron woes cap gains

Finance

02 December, 2021

Indian shares edge higher on auto, pharma boost; Omicron woes cap gains

Indian shares opened marginally higher on Thursday, as gains in autos, pharma and energy were capped by fears about the ......

Japan's Sumitomo Mitsui Financial buys 74.9% stake  in Fullerton India Credit

Finance

01 December, 2021

Japan's Sumitomo Mitsui Financial buys 74.9% stake in Fullerton India Credit

Japan’s Sumitomo Mitsui Financial Group (SMFG) has bought 74.9% stake in non-bank lender Fullerton India...

GLOBAL ECONOMY-Factories facing supply headaches as Omicron risks emerge

Economy

01 December, 2021

GLOBAL ECONOMY-Factories facing supply headaches as Omicron risks emerge

Global factory activity accelerated in November although crippling supply bottlenecks remained, putting a cap on output and driving...

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KKR in talks to invest in Shriram Group's general insurance unit

Finance

01 December, 2021

KKR in talks to invest in Shriram Group's general insurance unit

Private equity giant KKR & Co is in talks to invest in Shriram General Insurance Co Ltd., as the Shriram ......

Grip Invest backs cloud kitchen start-up Big Spoon in a $2 mn asset financing deal

Finance

01 December, 2021

Grip Invest backs cloud kitchen start-up Big Spoon in a $2 mn asset financing deal

Grip Invest, a lease finance platform has entered into a $2 million lease financing deal with cloud kitchen start-up Big ......

US firm Quantela takes management control of TerraCIS Technologies' India business

Finance

01 December, 2021

US firm Quantela takes management control of TerraCIS Technologies' India business

California-based Quantela Inc., a smart city-focused firm, has entered into an agreement to gain management control of the Indian...

Stocks roar higher as traders park COVID and Fed jitters

Economy

01 December, 2021

Stocks roar higher as traders park COVID and Fed jitters

Stock markets roared higher on Wednesday, reversing much of the previous session's losses, as investors used the dip in prices...

Landmark Capital floats Rs 500 cr warehousing and logistics fund

Finance

01 December, 2021

Landmark Capital floats Rs 500 cr warehousing and logistics fund

Real estate investment firm Landmark Capital on Tuesday said it has launched a Rs 500 crore ($66.7 million) fund that ......

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