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Finance

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

Citi backs equity management platform Qapita; joins Series A round

Finance

30 November, 2021

Citi backs equity management platform Qapita; joins Series A round

Qapita, a software-as-a-service (SaaS) platform focused on equity and transaction management for the private market, has secured...

India's economy likely picked up in Sept quarter before Omicron spread

Economy

30 November, 2021

India's economy likely picked up in Sept quarter before Omicron spread

Data was expected to show that India's economic recovery strengthened in the July-September quarter, helped by a pick-up in...

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White Oak Capital, IIFL, back IPO-bound Aether Industries

Finance

29 November, 2021

White Oak Capital, IIFL, back IPO-bound Aether Industries

Gujarat-based specialty chemicals manufacturer, Aether Industries Limited has raised over Rs 100 Crores from White Oak Capital,...

RBI takes control of Anil Ambani-owned Reliance Capital, to push for insolvency

Finance

29 November, 2021

RBI takes control of Anil Ambani-owned Reliance Capital, to push for insolvency

The Reserve Bank of India (RBI) has superseded the Board of businessman Anil Ambani-owned Reliance Capital Ltd, and will soon...

Bessemer raises new dedicated $220 million fund for Indian startups

Finance

30 November, 2021

Bessemer raises new dedicated $220 million fund for Indian startups

US-based venture capital firm Bessemer Venture Partners, which has been investing in India since 2006, has raised a new dedicated...

We Founder Circle to back virtual pitching event Concepto

Finance

29 November, 2021

We Founder Circle to back virtual pitching event Concepto

We Founder Circle, a founder-driven angel network, will be backing annual virtual pitching event Concepto by IMT Ghaziabad as...

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Distressed steel investor Nithia Capital set to buy North-based steel firm for Rs 316 cr

Finance

29 November, 2021

Distressed steel investor Nithia Capital set to buy North-based steel firm for Rs 316 cr

A UK-based distressed steel investor consortium, led by Nithia Capital Resources LLP (Nithia), has received approval from an insolvency...

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Angel Networks launch funds to get tax relief, smoothen operations

Finance

30 November, 2021

Angel Networks launch funds to get tax relief, smoothen operations

Angel Networks are increasingly launching funds in a bid to get tax relief while complying with regulations, and also get ......

India's law enforcement agency summons Amazon, Future Group officials over 2019 deal

Finance

28 November, 2021

India's law enforcement agency summons Amazon, Future Group officials over 2019 deal

India's economic crime-fighting agency summoned officials of Amazon.com Inc and its warring partner Future Group in a case...

Paytm reports 64% jump in revenues; net losses see marginal rise

Finance

27 November, 2021

Paytm reports 64% jump in revenues; net losses see marginal rise

In its first financial results since listing, One97 Communications Ltd., has posted revenue from operations at Rs 1090 crore for...

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