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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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Canadian pension funds light up a muted Diwali week for dealmaking

Finance

05 November, 2021

Canadian pension funds light up a muted Diwali week for dealmaking

Private equity and venture capital investments during the Diwali week were the weakest since the beginning of 2021.  Companies...

India to use revenue surge to fund welfare drives, not beat fiscal deficit target - sources

Economy

05 November, 2021

India to use revenue surge to fund welfare drives, not beat fiscal deficit target - sources

India will utilise a big bump in revenue collection to fund welfare programmes instead of trying to beat its fiscal ......

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Differences with Kedaara Capital led to Spandana founder's exit

Finance

04 November, 2021

Differences with Kedaara Capital led to Spandana founder's exit

Differences with Kedaara Capital led to Spandana founder’s exit...

Paytm raises Rs 8235 cr in anchor round; oversubscribed 10x

Finance

04 November, 2021

Paytm raises Rs 8235 cr in anchor round; oversubscribed 10x

One97 Communications Ltd., the company which operates brand Paytm, has raised ₹8,235 crore ($1.1 billion) from anchor investors,...

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Former IIFL CEO to launch fund for early-stage bets

Finance

03 November, 2021

Former IIFL CEO to launch fund for early-stage bets

Prashasta Seth, former chief executive officer of IIFL Asset Management Company, is launching a sector agnostic early-stage fund...

FMO-backed fintech firm Innoviti launches ESOP buyback for eligible employees

Finance

03 November, 2021

FMO-backed fintech firm Innoviti launches ESOP buyback for eligible employees

Innoviti Payment Solutions Pvt. Ltd, which provides payment solutions to offline enterprise merchants, has launched a $5 million...

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Delhivery employees may get at least $470 mn at a $5.5 bn valuation

Finance

03 November, 2021

Delhivery employees may get at least $470 mn at a $5.5 bn valuation

Nine senior executives at logistics unicorn Delhivery hold employee options that may fetch them more than $125 million from the...

RBI committee suggests ARCs be allowed as resolution applicants with AIFs

Finance

02 November, 2021

RBI committee suggests ARCs be allowed as resolution applicants with AIFs

Asset Reconstruction Companies (ARCs) will now be allowed to participate as resolution applicants in the bankruptcy and insolvency...

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PremjiInvest in talks to bet on digital gold lending startup

Finance

02 November, 2021

PremjiInvest in talks to bet on digital gold lending startup

PremjiInvest, the family office of Wipro founder chairman Azim Premji, is in advanced talks to invest in a gold assets ......

Gold loan startup Ruptok Fintech raises $2.1 mn in Pre-Series A funding round

Finance

02 November, 2021

Gold loan startup Ruptok Fintech raises $2.1 mn in Pre-Series A funding round

Ruptok Fintech Pvt. Ltd.(Ruptok), a fintech platform for gold loans has raised Rs 16 crore (around $2.14 million) in Pre-Series...

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