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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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CDPQ says it takes allegations against Edelweiss seriously

Finance

22 March, 2021

CDPQ says it takes allegations against Edelweiss seriously

Canadian pension fund CDPQ said it is taking "seriously" allegations against Edelweiss Group, in which it is an investor.  Last...

Stakeboat-backed Dvara KGFS raises money from European impact funds

Finance

22 March, 2021

Stakeboat-backed Dvara KGFS raises money from European impact funds

Non-banking financial company Dvara KGFS on Monday said it has raised 8 million euros ($9.52 million) from social impact funds...

Olympus Capital, Triodos, others invest pre-IPO money in Utkarsh Small Finance Bank

Finance

22 March, 2021

Olympus Capital, Triodos, others invest pre-IPO money in Utkarsh Small Finance Bank

Utkarsh Small Finance Bank has raised Rs 240.5 crore (around $33 million) through a private placement of shares ahead of ......

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Weekly Deal Wrap: Singapore's GIC leads charts with bets across sectors

Finance

19 March, 2021

Weekly Deal Wrap: Singapore's GIC leads charts with bets across sectors

Two Singapore-based investment firms including sovereign wealth fund GIC came across as the biggest deal makers this week.  In...

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WestBridge to offer Sequoia about 3x returns exit from housing financier

Finance

19 March, 2021

WestBridge to offer Sequoia about 3x returns exit from housing financier

WestBridge Capital will buy out Sequoia from a Gurugram-based housing finance company, with the latter netting roughly 3x returns...

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Small business lender to onboard KKR in large round led by backers

Finance

17 March, 2021

Small business lender to onboard KKR in large round led by backers

Private equity firm KKR is in advanced discussions to come in as a new investor in an SME-focused NBFC as ......

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Covid dents Edelweiss ARC's debt purchase by at least 40%

Finance

17 March, 2021

Covid dents Edelweiss ARC's debt purchase by at least 40%

Financial services major Edelweiss group’s asset reconstruction company is expected to see a dip in debt purchase and recoveries...

Aditya Birla Capital's board greenlights float for mutual fund arm

Finance

17 March, 2021

Aditya Birla Capital's board greenlights float for mutual fund arm

The board of Aditya Birla Capital has given an in-principle approval to Aditya Birla Sun Life AMC for an initial ......

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Carlyle to reap windfall from bet on credit card issuer

Finance

17 March, 2021

Carlyle to reap windfall from bet on credit card issuer

A listed credit card issuer is set to multiply Carlyle’s investment of less than four years by about 11 times ......

Magma HDI raises funding from ICICI Venture, Morgan Stanley, Poonawala group, others

Finance

16 March, 2021

Magma HDI raises funding from ICICI Venture, Morgan Stanley, Poonawala group, others

Magma HDI General Insurance has raised funding from ICICI Venture and Morgan Stanley Private Equity Asia, Cyza Chem (Poonawalla...

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