Finance

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

RBI committee suggests ARCs be allowed as resolution applicants with AIFs

Finance

02 November, 2021

RBI committee suggests ARCs be allowed as resolution applicants with AIFs

Asset Reconstruction Companies (ARCs) will now be allowed to participate as resolution applicants in the bankruptcy and insolvency...

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Finance

02 November, 2021

PremjiInvest in talks to bet on digital gold lending startup

PremjiInvest, the family office of Wipro founder chairman Azim Premji, is in advanced talks to invest in a gold assets ......

Finance

02 November, 2021

Gold loan startup Ruptok Fintech raises $2.1 mn in Pre-Series A funding round

Ruptok Fintech Pvt. Ltd.(Ruptok), a fintech platform for gold loans has raised Rs 16 crore (around $2.14 million) in Pre-Series...

Finance

02 November, 2021

Vivriti Asset Management hires former Aditya Birla MF exec as Fund Manager for credit funds

Vivriti Asset Management (VAM) has appointed former Aditya Birla Group executive Mohamed Irfan as Fund Manager of its credit funds,...

Finance

02 November, 2021

Ward Ferry-backed Niyogin to infuse $14 mn for expansion

Niyogin Fintech Ltd, a technology-focused non-bank lender that counts Hong Kong investor Ward Ferry as a key shareholder, will...

Finance

02 November, 2021

White Oak Capital completes acquisition of Yes Mutual Fund

White Oak Capital Management, a boutique investment management and advisory firm set up by former Goldman Sachs executive Prashant...

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Finance

01 November, 2021

Companies raised over $7.5 billion in October, half a dozen unicorns pop up

Private equity and venture capital investors poured over $7.5 billion in Indian companies during the month of October alone, as...

Finance

01 November, 2021

Centrum-BharatPe's Unity Small Finance Bank starts operations

Unity Small Finance Bank Ltd (Unity Bank), promoted by Centrum Financial Services Ltd and Resilient Innovations Pvt. Ltd (BharatPe),...

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Finance

01 November, 2021

Start-up incubator Venture Catalysts to set up $100 mn fintech fund

Venture Catalysts, India’s first and largest integrated start-up incubator, plans to launch a fintech-focussed fund in the...

Finance

01 November, 2021

Former SBI chairman, Alchemist ARC promoter booked in loan scam case

Rajasthan’s Jaisalmer police have arrested ex-State Bank of India (SBI) chairman Pratip Chaudhuri in relation to a loan...

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