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

Matrix Partners India closes third fund at $300 mn

Finance

09 January, 2019

Matrix Partners India closes third fund at $300 mn

Venture capital firm Matrix Partners India said on Wednesday it has closed fundraising for its third fund at $300 million ......

World Bank's Kim to join PE firm Global Infrastructure Partners

Finance

09 January, 2019

World Bank's Kim to join PE firm Global Infrastructure Partners

World Bank Group President Jim Yong Kim will join Global Infrastructure Partners (GIP), a private equity fund that invests in...

RBI asks banks to classify loans to IL&FS as non-performing

Finance

09 January, 2019

RBI asks banks to classify loans to IL&FS as non-performing

The Reserve Bank of India (RBI) has asked lenders of Infrastructure Leasing and Financial Services Ltd (IL&FS) to classify...

Temasek-backed InnoVen's venture debt investments in India jump 28% in 2018

Finance

09 January, 2019

Temasek-backed InnoVen's venture debt investments in India jump 28% in 2018

Venture debt firm InnoVen Capital invested about Rs 600 crore across 36 companies in 2018, registering a 28% increase in ......

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Hong Kong's Soach Global picks up stake in e-governance company

Finance

08 January, 2019

Hong Kong's Soach Global picks up stake in e-governance company

Hong Kong-based private investment firm Soach Global has purchased a stake in an Indian e-governance services provider, nearly...

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Gruh deal will help increase secured loan book: Bandhan Bank CEO

Finance

08 January, 2019

Gruh deal will help increase secured loan book: Bandhan Bank CEO

In April 2014, Chandra Shekhar Ghosh managed to get what many bigger businessman couldn't--a banking licence. Bandhan Bank, the microlender-turned-bank, ......

AXA may sell full stake in its mutual fund JV with Bank of India

Finance

08 January, 2019

AXA may sell full stake in its mutual fund JV with Bank of India

AXA Investment Managers, a part of French insurance giant AXA Group, is looking to fully exit its mutual fund joint ......

ChrysCapital raises $850 mn for eighth private equity fund

Finance

08 January, 2019

ChrysCapital raises $850 mn for eighth private equity fund

Homegrown private equity firm ChrysCapital has completed the fundraising process for its eighth fund, overshooting its hard cap...

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Former Warburg Pincus exec Niten Malhan chalks out game plan for new fund

Finance

08 January, 2019

Former Warburg Pincus exec Niten Malhan chalks out game plan for new fund

Niten Malhan, who quit as the India co-head at private equity giant Warburg Pincus a year ago, is gearing up ......

GIC-backed Bandhan Bank to acquire Gruh Finance in share-swap deal

Finance

07 January, 2019

GIC-backed Bandhan Bank to acquire Gruh Finance in share-swap deal

Bandhan Bank Ltd has agreed to acquire mortgage lender Gruh Finance Ltd in a share-swap transaction to boost its housing ......

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