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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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How much did Canbank Venture Capital make by exiting healthcare provider GNRC?

Finance

16 April, 2018

How much did Canbank Venture Capital make by exiting healthcare provider GNRC?

Canbank Venture Capital Fund Ltd, a subsidiary of state-run Canara Bank Ltd, has exited its six-year-old investment in healthcare provider ......

Troubled PE firm Abraaj hires Deloitte to review business, healthcare fund

Finance

16 April, 2018

Troubled PE firm Abraaj hires Deloitte to review business, healthcare fund

Abraaj has hired Deloitte to examine its business, including its troubled $1 billion healthcare fund, after investors questioned an earlier ......

SAIF Partners-backed Aye Finance gets debt funding from Swiss firm BlueOrchard

Finance

13 April, 2018

SAIF Partners-backed Aye Finance gets debt funding from Swiss firm BlueOrchard

SAIF Partners-backed Aye Finance Pvt. Ltd has raised Rs 30 crore ($4.6 million) in debt funding from Swiss social impact ......

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How a decline at lower end of mid-market PE dealmaking is starving SMEs for funds

Finance

12 April, 2018

How a decline at lower end of mid-market PE dealmaking is starving SMEs for funds

A mid-market private equity firm invested $10-15 million (Rs 65-100 crore) in two small and medium enterprises over the past ......

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Muthoot Microfin kicks off process for large IPO

Finance

12 April, 2018

Muthoot Microfin kicks off process for large IPO

Muthoot Microfin Ltd, the microloan arm of Kerala-based Muthoot Pappachan Group, has selected merchant bankers for an initial public offering ......

Venture Catalysts backs Kolkata-based Ideal Insurance Brokers

Finance

12 April, 2018

Venture Catalysts backs Kolkata-based Ideal Insurance Brokers

Kolkata-based Ideal Insurance Brokers Pvt. Ltd has raised $1 million (Rs 6.5 crore) in a seed round from funding and ......

IL&FS PE aims to hit soft close for $1 bn infra fund this year

Finance

11 April, 2018

IL&FS PE aims to hit soft close for $1 bn infra fund this year

IL&FS Investment Managers Ltd, the private equity arm of Infrastructure Leasing & Financial Services Ltd (IL&FS), may mark the soft ......

ADB forecasts India GDP growth to recover to 7.3% in 2018

Finance

11 April, 2018

ADB forecasts India GDP growth to recover to 7.3% in 2018

The Asian Development Bank raised its 2018 economic growth estimate for developing Asia to 6.0 percent from 5.8 percent, citing ......

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Big disconnect between investors and company promoters over valuation: SBICAP CEO

Finance

11 April, 2018

Big disconnect between investors and company promoters over valuation: SBICAP CEO

Varsha Purandare, managing director and CEO at SBI Capital Markets Ltd, has set ambitious targets for 2018, from charting inorganic ......

How mid-market PE firms can tap into growth opportunities in India

Finance

10 April, 2018

How mid-market PE firms can tap into growth opportunities in India

India has a large number of small and mid-sized companies, most of whom require external funding to break out of ......

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