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

IFC to invest $50 mn in JK Paper via NCDs

Finance

23 May, 2017

IFC to invest $50 mn in JK Paper via NCDs

International Finance Corporation (IFC), the private-sector investment arm of the World Bank, is looking to invest up to $50 million ......

Japanese VC firm GREE Ventures marks final close of second fund

Finance

23 May, 2017

Japanese VC firm GREE Ventures marks final close of second fund

Japanese venture capital firm GREE Ventures, which has already struck two deals in India, has hit the final close of ......

RBI reveals plan to tackle banks' $150 bn bad loans

Finance

23 May, 2017

RBI reveals plan to tackle banks' $150 bn bad loans

The Reserve Bank of India (RBI) outlined on Monday the broad contours of a plan to resolve the $150 billion ......

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How Canadian fund CPPIB's India exposure grew in FY17

Finance

22 May, 2017

How Canadian fund CPPIB's India exposure grew in FY17

Canada Pension Plan Investment Board (CPPIB) accelerated its pace of investments in India in the year through March 2017, as ......

Uday Kotak sells $261 mn stake in Kotak Mahindra Bank

Finance

22 May, 2017

Uday Kotak sells $261 mn stake in Kotak Mahindra Bank

Uday Kotak, the billionaire head of India's Kotak Mahindra Bank Ltd, sold a less than 1 percent stake in the ......

Ummeed Housing Finance raises $5.6 mn in Series B funding

Finance

22 May, 2017

Ummeed Housing Finance raises $5.6 mn in Series B funding

Ummeed Housing Finance Pvt. Ltd has raised Series B funding of $5.6 million (Rs 36 crore) from existing investors Lok ......

How data-driven microfinance is changing the lending landscape

Finance

22 May, 2017

How data-driven microfinance is changing the lending landscape

Jaya Shrivastava is a 26-year-old freelance photographer. She has worked with top-notch brands such as Ford and SoftBank Energy and ......

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Returns a challenge for LPs in India: Portfolio Advisors' Michael Liu

Finance

22 May, 2017

Returns a challenge for LPs in India: Portfolio Advisors' Michael Liu

US-based investment firm Portfolio Advisors LLC, which has been present in India for over a decade, sees getting returns as ......

SoftBank raises $93 bn for Vision Fund to back tech firms

Finance

22 May, 2017

SoftBank raises $93 bn for Vision Fund to back tech firms

The world's largest private equity fund, backed by Japan's Softbank Group and Saudi Arabia's main sovereign wealth fund, said on ......

IIFL hits final close of new fund for IPO, pre-IPO investments

Finance

19 May, 2017

IIFL hits final close of new fund for IPO, pre-IPO investments

IIFL Asset Management Ltd has achieved the final close of IIFL Special Opportunities Fund, which will predominantly invest before and ......

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