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

Accel invests more money in trade finance firm Drip Capital

Finance

24 July, 2019

Accel invests more money in trade finance firm Drip Capital

California-based trade finance firm Drip Capital Inc. on Wednesday said it has raised $25 million (Rs 172 crore) in its ......

RBI names BP Kanungo to run monetary policy after Viral Acharya quits

Finance

24 July, 2019

RBI names BP Kanungo to run monetary policy after Viral Acharya quits

The Reserve Bank of India (RBI) said on Tuesday it had assigned deputy governor B.P. Kanungo to run the monetary ......

AIIB scraps plan to fund new Andhra capital after Chandrababu Naidu loses elections

Finance

23 July, 2019

AIIB scraps plan to fund new Andhra capital after Chandrababu Naidu loses elections

The Beijing-backed Asian Infrastructure Investment Bank has dropped plans to finance a new capital for Andhra Pradesh, after the...

 TPG invests more money in Five-Star Business Finance

Finance

23 July, 2019

TPG invests more money in Five-Star Business Finance

American private equity firm TPG has made a follow-on investment worth $50 million (about Rs 344.7 crore at current exchange ......

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Indo-Japan joint fund firms up game plan to back venture capital firms

Finance

23 July, 2019

Indo-Japan joint fund firms up game plan to back venture capital firms

A fund of funds jointly set up by India and Japan last month will mainly support venture capital firms that ......

Dewan Housing auditors raise red flags around quarterly results

Finance

23 July, 2019

Dewan Housing auditors raise red flags around quarterly results

India’s Dewan Housing Finance Corp Ltd (DHFL) filed its long-delayed audited results for the quarter ended March 31 late...

Rise in govt borrowing can weigh on corporate sector, says RBI's Acharya

Finance

23 July, 2019

Rise in govt borrowing can weigh on corporate sector, says RBI's Acharya

An increase in government borrowing runs the risk of flooding the debt market, while making it expensive for companies to ......

SoftBank's VC arm raises $270 mn for early-stage investments

Finance

22 July, 2019

SoftBank's VC arm raises $270 mn for early-stage investments

SoftBank Group Corp said on Friday its Seoul-based venture capital unit focusing on early-stage investments has raised a 317 billion...

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How a 10-month lead in backing OYO boosted Lightspeed's returns over Sequoia

Finance

22 July, 2019

How a 10-month lead in backing OYO boosted Lightspeed's returns over Sequoia

Lightspeed Venture Partners is set to outshine Sequoia Capital India in reaping the bumper returns both the venture capital firms...

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How Reliance Industries' commitments to PE, VC funds changed in FY19

Finance

22 July, 2019

How Reliance Industries' commitments to PE, VC funds changed in FY19

Billionaire Mukesh Ambani-led Reliance Industries Ltd’s (RIL) exposure to alternative investment funds fell for a third...

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