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

True North-backed nonbank lender Fedfina plans IPO

Finance

19 October, 2021

True North-backed nonbank lender Fedfina plans IPO

Fedbank Financial Services Ltd (Fedfina), a retail-focused non-bank lender set up by Federal Bank Ltd, is planning a public listing,...

Cred closes $251 mn fund raise, doubles valuation to $4 bn

Finance

19 October, 2021

Cred closes $251 mn fund raise, doubles valuation to $4 bn

Serial entrepreneur Kunal Shah-founded Cred is continuing its fundraising spree and has closed a round of roughly $251 million...

Hero Electric backer Gulf Islamic Investment to invest $500 million in India in next 3 years

Finance

18 October, 2021

Hero Electric backer Gulf Islamic Investment to invest $500 million in India in next 3 years

UAE-based financial services firm Gulf Islamic Investment on Monday said that it will open its office in Bengaluru as it ......

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True North's seventh fund to focus more on investing in digital-first firms

Finance

18 October, 2021

True North's seventh fund to focus more on investing in digital-first firms

True North, one of the oldest Indian private equity (PE) firms, is readying to pump in money into digital-first companies ......

Aviom India Housing Finance raises $8 mn in Series C funding from Sabre Partners

Finance

18 October, 2021

Aviom India Housing Finance raises $8 mn in Series C funding from Sabre Partners

Aviom India Housing Finance, which provides secured home loans and loans against property in Tier-II and Tier-III towns, has raised...

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Partners Group betting big on 'Middle-income Bharat' story

Finance

17 October, 2021

Partners Group betting big on 'Middle-income Bharat' story

Swiss-based global private equity firm, Partners Group Holding AG, is betting on the high-quality talent pool in India even as...

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Weekly Deals Wrap: Companies raise $1.89 bn this week, MobiKwik, Cardekho turn unicorn

Finance

15 October, 2021

Weekly Deals Wrap: Companies raise $1.89 bn this week, MobiKwik, Cardekho turn unicorn

Companies raised $1.89 billion in venture capital and private equity funding this week that also witnessed the creation of two...

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Capria Ventures hits market for second vehicle as debut fund eyes final bet on India fund

Finance

15 October, 2021

Capria Ventures hits market for second vehicle as debut fund eyes final bet on India fund

Capria is at the fag end of deploying its first emerging markets fund that sought to raise $100 million and ......

Carlyle to withdraw $551.6 mn offer to buy majority stake in PNB Housing Finance

Finance

14 October, 2021

Carlyle to withdraw $551.6 mn offer to buy majority stake in PNB Housing Finance

Global private equity firm The Carlyle Group has decided to withdraw its offer to invest Rs 4,000 crore ($551.6 million) ......

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TA Associates lines up historic number of exits in 2021

Finance

14 October, 2021

TA Associates lines up historic number of exits in 2021

Boston-based growth equity firm TA Associates has set itself up for over $1 billion in exits from India this year ......

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