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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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Demographics and convenience spurring hyper growth in financial services: HDFC vice-chair, CEO

Finance

17 September, 2021

Demographics and convenience spurring hyper growth in financial services: HDFC vice-chair, CEO

Unprecedented growth in financial services is resulting from rapidly changing Indian demographics and consumer behaviour which...

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Weekly Deals Wrap: Byju's, PharmEasy, others pump up total transaction value

Finance

17 September, 2021

Weekly Deals Wrap: Byju's, PharmEasy, others pump up total transaction value

The overall deal value rose this week after a steep fall in the preceding period as big funding transactions catapulted ......

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Virus has driven financial services to inflection point: Experts at VCCircle FinServ Summit

Finance

17 September, 2021

Virus has driven financial services to inflection point: Experts at VCCircle FinServ Summit

The financial services sector is one of the biggest generators of alpha for investors historically, and the pandemic has only...

Warburg Pincus seeks $16 bn for private equity fund

Finance

17 September, 2021

Warburg Pincus seeks $16 bn for private equity fund

Warburg Pincus LLC is seeking to raise $16 billion from investors for its latest flagship global private equity fund, its ......

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IIFL Finance hands 10% annualised return to CDC on second part-exit

Finance

16 September, 2021

IIFL Finance hands 10% annualised return to CDC on second part-exit

UK’s CDC Group Plc made a second partial exit on Thursday from IIFL Finance by selling 2.64% stake for Rs ......

Phoenix Legal ropes in Jatin Arora as partner to lead indirect tax practice

Finance

16 September, 2021

Phoenix Legal ropes in Jatin Arora as partner to lead indirect tax practice

Full-service law firm Phoenix Legal said it has appointed Jatin Arora as a partner to lead the firm's indirect tax ......

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ARCs backed by Apollo, Avenue Capital, Kotak snap up road debt

Finance

15 September, 2021

ARCs backed by Apollo, Avenue Capital, Kotak snap up road debt

Three asset reconstruction firms -- Phoenix ARC, Arcion, and Asset Reconstruction Company India Ltd (Arcil) -- have bought more...

PE/VC exit deals reach record high of $30.7 bn in January-August: IVCA-EY report

Finance

15 September, 2021

PE/VC exit deals reach record high of $30.7 bn in January-August: IVCA-EY report

Exits in January-August 2021 have totalled $30.7 billion, surpassing the previous high of $27 billion seen in 2018, an IVCA-EY...

Foreign direct investment into India to stay robust: Deloitte survey

Finance

14 September, 2021

Foreign direct investment into India to stay robust: Deloitte survey

International investors remain confident of India's short- and long-term growth prospects and are readying plans to make additional...

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SBI Life serves up 33% return to CPPIB over four years

Finance

14 September, 2021

SBI Life serves up 33% return to CPPIB over four years

Canada Pension Plan Investment Board (CPPIB) is sitting on more than 33% annualised returns on its four-year investment in SBI...

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