Finance

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

Investors jittery after surprise rate hike, markets see worst week in 5 months

Finance

06 May, 2022

Investors jittery after surprise rate hike, markets see worst week in 5 months

The markets closed over 1% lower Friday and registered their worst week since November, as investors fretted that fast-paced interest...

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Finance

06 May, 2022

Companies raise $677 mn this week; neobank Open turns unicorn

Indian startups raised $677 million (Rs 5,205 crore) from venture capital and private equity entities this week compared to $766...

Finance

06 May, 2022

RBI's surprise rate hike was because of feared 'shocker' inflation figure: Sources

The Reserve Bank of India (RBI) unexpectedly hiked its key interest rate on Wednesday because it feared a "shocker"...

Finance

05 May, 2022

LIC's shares subscribed 100% on second day of IPO

The subscription for India’s biggest initial public offer ever - of Life Insurance Corp of India - reached the milestone...

Finance

05 May, 2022

Startup investment bank JPIN launches two strategic funds, $20 mn for India fund

Global startup investment bank, JPIN Thursday said it has launched 2 strategic funds in India and UK to boost investments ......

Finance

05 May, 2022

Crypto investment firm Koinbasket racks up funding from Polygon's Sandeep Nailwal, others

Gazillion Mathtech Pte Ltd, which runs thematic crypto investment startup Koinbasket, on Thursday said it has raised $2 million...

Finance

05 May, 2022

Inflection Point, Multiply Ventures, others back debt relief firm FREED

Kavach Financial Services Pvt Ltd, which runs consumer debt relief platform FREED, on Thursday said it has raised pre-Series A...

Finance

05 May, 2022

Fintech Klub aims to double investments from fund in two quarters

Ken Capital Technologies-owned fintech platform, Klub is looking to double its investments from its revenue-based financing (RBF)...

Finance

05 May, 2022

Strong start for LIC on day 1 of IPO

The subscription for India’s biggest initial public offer ever - of Life Insurance Corp of India - witnessed a strong ......

Finance

05 May, 2022

US Fed hikes interest rate by half percentage point, to begin balance sheet reduction in June

The Federal Reserve Wednesday raised its benchmark overnight interest rate by half a percentage point, the biggest jump in 22...

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