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

WeWork woes hit Softbank's plans for second Vision Fund

Finance

04 October, 2019

WeWork woes hit Softbank's plans for second Vision Fund

Softbank Group founder and CEO Masayoshi Son is struggling to raise money for a second massive technology investment fund in ......

HDIL chairman Rakesh Wadhawan, son arrested in PMC Bank scam

Finance

04 October, 2019

HDIL chairman Rakesh Wadhawan, son arrested in PMC Bank scam

India arrested the head of a bankrupt realty company on Thursday after lender Punjab and Maharashtra Co-operative Bank (PMC) accused...

Audit and consultancy firm MA Parikh & Co merges into NA Shah Associates

Finance

03 October, 2019

Audit and consultancy firm MA Parikh & Co merges into NA Shah Associates

Mid-sized accountancy firm NA Shah Associates LLP said on Thursday it has consolidated its position by merging Mumbai-based MA...

Varanium Capital marks first close of debut fintech VC fund

Finance

03 October, 2019

Varanium Capital marks first close of debut fintech VC fund

Varanium Capital, a boutique asset management company, has marked the first close of its debut fintech-focused venture capital...

Religare to sell NBFC unit to TCG Advisory for $46.5 mn

Finance

03 October, 2019

Religare to sell NBFC unit to TCG Advisory for $46.5 mn

Religare Enterprises Ltd is selling its entire stake in non-banking financial company Religare Finvest Ltd to asset management...

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Angel, late-stage deals help hold momentum for VC investments in July-Sept

Finance

03 October, 2019

Angel, late-stage deals help hold momentum for VC investments in July-Sept

Angel, seed and late-stage deals helped maintain the pace of venture capital investments in India during the three months through...

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Smaller ARCs chase bulk deals to step up bad-loan purchases

Finance

03 October, 2019

Smaller ARCs chase bulk deals to step up bad-loan purchases

Smaller asset reconstruction companies (ARCs) are stepping up their bad-loan purchases as they consider buying in bulk a pool...

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Rockstud Capital ups maiden VC fund's target size, eyes final close

Finance

03 October, 2019

Rockstud Capital ups maiden VC fund's target size, eyes final close

Early-stage venture capital firm Rockstud Capital, founded by angel investor Abhishek Agarwal last year, has increased the target...

Yes Bank 'very stable', CEO Gill says after stock slide

Finance

03 October, 2019

Yes Bank 'very stable', CEO Gill says after stock slide

The recent drop in Indian lender Yes Bank Ltd’s stock price does not reflect the bank’s performance and it remains...

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Sequoia Capital India marks final close of debut seed fund

Finance

01 October, 2019

Sequoia Capital India marks final close of debut seed fund

Sequoia Capital India has marked the final close of its maiden seed fund, giving a fresh impetus to the venture ......

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