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Finance

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

Sivasubramanian Ramann joins Sidbi as chairman and managing director

Finance

19 April, 2021

Sivasubramanian Ramann joins Sidbi as chairman and managing director

Sivasubramanian Ramann has taken charge as the chairman and managing director of Small Industries Development Bank of India (Sidbi),...

 French agency Proparco makes a loan for IndusInd Bank's microfinance division

Finance

19 April, 2021

French agency Proparco makes a loan for IndusInd Bank's microfinance division

French development agency Proparco made a $75 million (about Rs 560 crore) loan to mid-sized private-sector lender IndusInd Bank...

Northern Arc Capital raises debt financing from Kotak Mahindra Bank

Finance

19 April, 2021

Northern Arc Capital raises debt financing from Kotak Mahindra Bank

Non-bank lender Northern Arc Capital has received Rs 40 crore ($5.34 million) debt financing from mid-sized private-sector lender...

World Bank's IFC to invest in Everstone's largest fund

Finance

19 April, 2021

World Bank's IFC to invest in Everstone's largest fund

World Bank’s International Finance Corporation (IFC) said it has proposed to invest in homegrown private equity firm Everstone’s...

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Weekly Deal Wrap: Byju's tops the charts again in a week dominated by tech

Finance

16 April, 2021

Weekly Deal Wrap: Byju's tops the charts again in a week dominated by tech

After heavy cash rains of over $3 billion, the next week turned out to be a drizzle by comparison with ......

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ICICI Prudential AMC aiming to launch sixth residential real estate fund

Finance

19 April, 2021

ICICI Prudential AMC aiming to launch sixth residential real estate fund

ICICI Prudential Asset Management Company (AMC) is aiming to float its sixth residential real estate fund, two people told VCCircle. The...

Aviator Emerging Market Fund leads investment in Dhanvarsha Finvest

Finance

16 April, 2021

Aviator Emerging Market Fund leads investment in Dhanvarsha Finvest

Aviator Emerging Market Fund, focused on Indian non-banking financial companies, has led a Rs 65.8 crore ($8.8 million) infusion...

9Unicorns hits third close of first accelerator fund at $40 mn

Finance

16 April, 2021

9Unicorns hits third close of first accelerator fund at $40 mn

9Unicorns, the venture fund set up by incubator and accelerator Venture Catalysts, said on Friday it has reached the third ......

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Infrastructure pumps up M&A value in post-pandemic quarter

Finance

15 April, 2021

Infrastructure pumps up M&A value in post-pandemic quarter

The pandemic has been plotting a comeback in April. The January-March period, by contrast, was seen as a post-pandemic quarter...

Citigroup profit triples on reserve release, to exit some consumer units in Asia

Finance

15 April, 2021

Citigroup profit triples on reserve release, to exit some consumer units in Asia

Citigroup Inc trounced market estimates for first-quarter profit on Thursday as the third-largest U.S. lender released reserves...

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