Finance

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

PE-backed MAS Financial raises $20.9 mn from anchor investors

Finance

05 October, 2017

PE-backed MAS Financial raises $20.9 mn from anchor investors

Ahmedabad-based non-banking financial company MAS Financial Services Ltd on Thursday raised Rs 135.91 crore ($20.9 million) from anchor investors including ......

Finance

05 October, 2017

Shriram, IDFC extend exclusivity period on proposed merger

Financial services conglomerates Shriram Group and IDFC Group have extended their 90-day confidentiality and exclusivity agreement for a potential merger ......

Finance

05 October, 2017

Uday Kotak-led SEBI panel proposes tougher corporate governance norms

A panel appointed by India’s market regulator proposed a slew of new regulations on Thursday to boost corporate governance, from ......

Finance

04 October, 2017

RBI directive on treating P2P lenders as NBFCs needs clarity

The Reserve Bank of India (RBI) recently notified that non-banking institutions operating as peer-to-peer (P2P) lending ......

Premium

Finance

04 October, 2017

VC-backed NeoGrowth Credit hires banker for fresh fundraise

Mumbai-based non-banking financial company NeoGrowth Credit Pvt. Ltd, which provides flexible loans to merchants and offers automated repayment options, is ......

Finance

04 October, 2017

TPG's Rise Fund raises record $2 bn for impact investments

The Rise Fund, the impact investment fund managed by TPG Growth that has already backed two Indian companies, has raised ......

Premium

Finance

04 October, 2017

How much return will VC firm Pragati India earn via Jash Engineering IPO?

Homegrown venture capital firm Pragati India Fund Pvt. Ltd is selling its entire stake in Jash Engineering Ltd in what ......

Finance

04 October, 2017

State-run reinsurer GIC Re's IPO to raise up to $1.7 bn

State-run reinsurer General Insurance Corp of India’s (GIC Re) initial public offering of shares next week seeks to raise as ......

Premium

Finance

03 October, 2017

Venture capital investments slump last quarter; mid-stage deals bright spot

Angel and venture investments continued their downward slide largely due to the dearth of early-stage deals but an uptick in ......

Finance

03 October, 2017

Kay Legal & Associates merges with Gravitas Legal

New Delhi-based boutique law firm Gravitas Legal has merged its practice with Mumbai-based peer Kay Legal & Associates LLP.Founded in ......

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