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Finance

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

Blue Ashva picks up majority stake in non-bank lender SSA Finserv

Finance

12 January, 2021

Blue Ashva picks up majority stake in non-bank lender SSA Finserv

SSA Finserv Pvt Ltd, a non-banking financial company that focuses on micro, small and medium enterprises (MSMEs), has raised $3...

GSK Velu-backed Stakeboat Capital rolls out second fund

Finance

12 January, 2021

GSK Velu-backed Stakeboat Capital rolls out second fund

Mid-market private equity firm Stakeboat Capital on Tuesday said it has launched its second fund that seeks to raise Rs ......

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Impact investor Lok Capital scores another profitable exit with housing finance NBFC

Finance

12 January, 2021

Impact investor Lok Capital scores another profitable exit with housing finance NBFC

Impact investor Lok Capital has booked a profitable exit from a four-year old investment in a non-banking finance company (NBFC)...

InCred Asset Management onboards ICICI Prudential exec as CEO, investment chief

Finance

12 January, 2021

InCred Asset Management onboards ICICI Prudential exec as CEO, investment chief

InCred Asset Management, the fund management arm of the InCred Group, has hired ICICI Prudential AMC’s Mrinal Singh as its...

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Sterlite Power raises Rs 1,300 crore bridge finance from Allianz, local investor

Finance

12 January, 2021

Sterlite Power raises Rs 1,300 crore bridge finance from Allianz, local investor

Transmission company Sterlite Power has raised Rs 1,300 crore ($176.7 million) in debt financing from Germany’s Allianz...

Volkswagen Finance turns majority stakeholder in KUWY Technology

Finance

11 January, 2021

Volkswagen Finance turns majority stakeholder in KUWY Technology

Volkswagen Finance on Monday said it has increased its shareholding in Chennai-based automotive lending startup KUWY Technology...

Indian lenders' bad loans may rise significantly: Financial stability report

Finance

11 January, 2021

Indian lenders' bad loans may rise significantly: Financial stability report

Indian banks may see bad loans double despite signs of an improvement in the economic impact of the COVID-19 pandemic, ......

Dutch development finance institutions to invest in agri-focused NBFC Samunnati

Finance

11 January, 2021

Dutch development finance institutions to invest in agri-focused NBFC Samunnati

Samunnati Financial Intermediation & Services Pvt Ltd will raise €10 million (about $12 million or Rs 89 crore) in debt...

PE-backed Parag Milk Foods to raise debt funding from IFC

Consumer

11 January, 2021

PE-backed Parag Milk Foods to raise debt funding from IFC

Parag Milk Foods Ltd, the dairy and value-added products manufacturer that offers brands including the Go brand of cheese, will...

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SMEcorner CEO Samir Bhatia on asset-light co-lending, growth roadmap post pandemic

Finance

11 January, 2021

SMEcorner CEO Samir Bhatia on asset-light co-lending, growth roadmap post pandemic

Coming through a difficult year on account of the Covid-19 pandemic, microlending platform SMEcorner expects to more than double...

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