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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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Monthly Deals Wrap: Private equity dealmaking slumps over 60% in May

Finance

02 June, 2021

Monthly Deals Wrap: Private equity dealmaking slumps over 60% in May

May saw the addition of two more unicorns – Zeta and Moglix – to the growing pool of India-born startups ......

Xpressbees backer Investcorp to delist from Bahrain Bourse

Finance

02 June, 2021

Xpressbees backer Investcorp to delist from Bahrain Bourse

Investcorp on Wednesday announced that it would delist the global alternative investments firm from Bahrain Bourse and convert...

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Caspian Impact Advisers to float fifth fund in third quarter

Finance

02 June, 2021

Caspian Impact Advisers to float fifth fund in third quarter

Impact investment firm Caspian Impact Investment Adviser Pvt. Ltd will launch its fifth fund later this year with a focus ......

NSE-backer TA Associates raises global funds worth $14 billion

Finance

02 June, 2021

NSE-backer TA Associates raises global funds worth $14 billion

TA Associates, the Boston based growth private equity firm which is invested in Indian companies such as the National Stock ......

WEH Ventures launches second fund with Rs 100 crore target corpus

Finance

02 June, 2021

WEH Ventures launches second fund with Rs 100 crore target corpus

Early stage venture capital fund WEH Ventures has launched its second fund with a target to raise Rs 100 crore, ......

Capital markets regulator allows PE and VC funds to defer filings

Finance

01 June, 2021

Capital markets regulator allows PE and VC funds to defer filings

The Securities and Exchange Board of India (SEBI) has allowed private equity and venture capital funds to defer submission of...

Avendus Capital's alternatives arm ropes in ProAlpha Capital execs for quant team

Finance

01 June, 2021

Avendus Capital's alternatives arm ropes in ProAlpha Capital execs for quant team

Avendus Alternate Strategies, an arm of investment bank Avendus Capital, has appointed a quant team which will be led by ......

Carlyle-backed SBI Life Insurance bumps up stake in Paisalo Digital

Finance

01 June, 2021

Carlyle-backed SBI Life Insurance bumps up stake in Paisalo Digital

SBI Life Insurance Co Ltd, India’s largest private-sector life insurer, on Tuesday picked up an additional 2.10% stake in...

Magma Fincorp appoints Adar Poonawalla as chairman, to undergo rebranding

Finance

31 May, 2021

Magma Fincorp appoints Adar Poonawalla as chairman, to undergo rebranding

Non-bank lender Magma Fincorp Ltd on Monday named Serum Institute of India chief executive Adar Poonawalla as its chairman and...

Tiger Global leads Series A funding in group health insurance startup Plum

Finance

31 May, 2021

Tiger Global leads Series A funding in group health insurance startup Plum

Plum Benefits Pvt Ltd, a group health insurance startup, has raised $15.6 million (Rs 113 crore) in a Series A ......

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