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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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British investment bank gets former KKR exec to head India operations

Finance

17 August, 2020

British investment bank gets former KKR exec to head India operations

A senior executive working with global alternative asset manager KKR & Co. has joined as managing director of a UK-based ......

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A lot of uncertainty next year but Aye Finance will remain profitable: MD Sanjay Sharma

Finance

17 August, 2020

A lot of uncertainty next year but Aye Finance will remain profitable: MD Sanjay Sharma

Gurugram-based Aye Finance Pvt. Ltd managed to raise funding in the coronavirus pandemic. Last month, VCCircle reported that the fintech lending ......

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InCred group closes in on boutique i-bank founded by ex-DSP Merrill Lynch bankers

Finance

14 August, 2020

InCred group closes in on boutique i-bank founded by ex-DSP Merrill Lynch bankers

InCred group is close to acquiring a two-decade-old boutique advisory firm founded by former DSP Merrill Lynch bankers, two people...

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KKR puts India ARC plans on the backburner, CEO pick quits

Finance

14 August, 2020

KKR puts India ARC plans on the backburner, CEO pick quits

Global private equity firm KKR & Co. appears to have shelved its plan to operate an asset reconstruction company in ......

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InCred group's asset management arm buys equity-focused fund in first acquisition

Finance

13 August, 2020

InCred group's asset management arm buys equity-focused fund in first acquisition

The asset management arm of InCred Capital has wrapped up its first acquisition with the purchase of an equity-focused alternative...

Retail inflation quickens in July, dims chances of rate cut

Economy

13 August, 2020

Retail inflation quickens in July, dims chances of rate cut

India’s retail inflation rose to 6.93% in July on higher food prices, remaining above the RBI’s medium-term target...

Lakshmikumaran & Sridharan hires two partners from Shardul Amarchand, Themis

Finance

13 August, 2020

Lakshmikumaran & Sridharan hires two partners from Shardul Amarchand, Themis

Full-service law firm Lakshmikumaran & Sridharan has hired two professionals at the partner level to strengthen its corporate...

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Faering-backed WheelsEMI raises fresh funding in flat Series C round

Finance

13 August, 2020

Faering-backed WheelsEMI raises fresh funding in flat Series C round

WheelsEMI Pvt. Ltd, a non-banking finance company which offers loans for two-wheelers, has raised fresh capital in a flat Series...

Sequoia leads Series A funding round for education loan startup Eduvanz

Finance

13 August, 2020

Sequoia leads Series A funding round for education loan startup Eduvanz

Education loan platform Eduvanz Financing Pvt. Ltd has raised $5 million (Rs 37 crore) in its Series A round of ......

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Company watch: Can IFC-backed Angel Broking shrug off poor performance with user jump?

Finance

13 August, 2020

Company watch: Can IFC-backed Angel Broking shrug off poor performance with user jump?

A little more than two years ago Angel Broking Ltd began to explore plans to enter new verticals and weigh ......

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