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Finance

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

JM Financial managing director steps down as two insiders elevated to joint MDs

Finance

23 September, 2021

JM Financial managing director steps down as two insiders elevated to joint MDs

Homegrown financial services firm JM Financial will see managing director Vishal Kampani step down to take the non-executive role...

Udaan shareholders okay $270 mn fundraise via non-convertible debentures

Finance

23 September, 2021

Udaan shareholders okay $270 mn fundraise via non-convertible debentures

Bengaluru-based B2B marketplace Udaan has received shareholders' approval to raise up to Rs 2,000 crore (about $270 million)...

Carlyle offloads more stake from SBI Cards for $440 mn

Finance

21 September, 2021

Carlyle offloads more stake from SBI Cards for $440 mn

US-based private equity giant Carlyle on Tuesday offloaded an additional 3.4% stake in SBI Cards and Payment Services Ltd for...

Partners Group raises $15 bn for private equity investing

Finance

21 September, 2021

Partners Group raises $15 bn for private equity investing

Partners Group Holding AG told Reuters on Monday it raised $15 billion for a private equity program to invest in ......

Kotak Mahindra Bank invests $42 mn in KFin Technologies for 9.9% stake

Finance

20 September, 2021

Kotak Mahindra Bank invests $42 mn in KFin Technologies for 9.9% stake

Kotak Mahindra Bank Ltd (KMBL) on Monday said it will infuse Rs 310 crore ($42 million) for a 9.9% stake ......

Abu Dhabi's state holding firm ADQ hires more bankers as it steps up dealmaking

Finance

20 September, 2021

Abu Dhabi's state holding firm ADQ hires more bankers as it steps up dealmaking

Abu Dhabi's $110 billion state holding company ADQ has hired scores of investment bankers from Western banks in the past ......

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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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