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Finance

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

Incofin, MAJ-backed Save Solutions acquires regional housing finance firm NHHFDL

Finance

26 November, 2021

Incofin, MAJ-backed Save Solutions acquires regional housing finance firm NHHFDL

Save Solutions Pvt Ltd, a rural-focused financial services group, has acquired New Habitat Housing Finance and Development Ltd...

Vasan Healthcare's bidders get extension to complete insolvency process

Finance

26 November, 2021

Vasan Healthcare's bidders get extension to complete insolvency process

A higher appellate - The National Company Law Appellate Tribunal (NCLAT) – has granted debt-ridden Vasan Healthcare Pvt....

Annapurna Finance raises funds from Germany's DEG

Finance

25 November, 2021

Annapurna Finance raises funds from Germany's DEG

Odisha-based microfinance institution Annapurna Finance, backed by Asian Development Bank (ADB) and Oman India Joint Investment...

Reliance, Aramco call off $15 bln deal amid valuation differences, sources say

Finance

25 November, 2021

Reliance, Aramco call off $15 bln deal amid valuation differences, sources say

Reliance Industries and Saudi Aramco have called off a deal for the state oil giant to buy a stake in ......

Cred's Kunal Shah, Pine Labs' Amrish Rau, other angels invest in fintech startup Drona Pay

Finance

25 November, 2021

Cred's Kunal Shah, Pine Labs' Amrish Rau, other angels invest in fintech startup Drona Pay

Mumbai-based Drona Pay raised a Seed round of Rs 3.2 crore from Varanium Capital, Credit Saison, and fintech veterans including...

Credit Fair secures debt funding from Northern Arc Capital

Consumer

24 November, 2021

Credit Fair secures debt funding from Northern Arc Capital

Credit Fair, a consumer lending fintech startup, has secured an undisclosed sum as debt from Northern Arc Capital, the company...

Globalise raises seed round from Whiteboard Capital, Credit Saison, others

Finance

24 November, 2021

Globalise raises seed round from Whiteboard Capital, Credit Saison, others

Investment platform Globalise said on Wednesday it has raised a seed round, led by Whiteboard Capital and Credit Saison. Angel...

Warburg cuts Ant valuation by 15% to below $200 bln - source

Finance

24 November, 2021

Warburg cuts Ant valuation by 15% to below $200 bln - source

U.S. private equity firm Warburg Pincus, a major global investor in Ant Group, has cut its valuation of the Chinese ......

SME-focused digital lender Indifi raises $45 mn in Series D equity and debt funding

Finance

24 November, 2021

SME-focused digital lender Indifi raises $45 mn in Series D equity and debt funding

Small business-focused digital lender Indifi Technologies Pvt Ltd has raised Rs 340 crore (around $45 million) in a mix of ......

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Samunnati Financial hires bankers for new $100mn fundraise

Finance

24 November, 2021

Samunnati Financial hires bankers for new $100mn fundraise

Samunnati Financial Intermediation & Services Pvt. Ltd, an agricultural finance and commerce company, has hired investment...

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