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

MSME-focussed Prayaan Capital raises seed funding from Accion Venture Lab

Finance

20 February, 2020

MSME-focussed Prayaan Capital raises seed funding from Accion Venture Lab

Prayaan Capital Pvt. Ltd, which runs a financial technology startup focussed on lending to micro, small and medium enterprises...

Mid-market PE firm Amicus Capital invests in two-wheeler financier Berar

Finance

20 February, 2020

Mid-market PE firm Amicus Capital invests in two-wheeler financier Berar

Mid-market growth capital firm Amicus Capital has invested Rs 70 crore (nearly $10 million at current exchange rates) in Berar...

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Fresh commitment to Indian PIPE, hedge funds slows in 2019; dry powder drops

Finance

20 February, 2020

Fresh commitment to Indian PIPE, hedge funds slows in 2019; dry powder drops

Indian hedge funds and private equity firms that invest in stock markets recorded a fall in fresh commitments for a ......

UBS names ING boss Ralph Hamers as new chief executive

Finance

20 February, 2020

UBS names ING boss Ralph Hamers as new chief executive

UBS Group has named ING boss Ralph Hamers as successor to Chief Executive Sergio Ermotti, becoming the second major Swiss ......

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Bankruptcy boom: India added three insolvency professionals and four valuers a day

Finance

20 February, 2020

Bankruptcy boom: India added three insolvency professionals and four valuers a day

India’s three-year-old bankruptcy law has not only opened a fast-track path for creditors to recover their debts from defaulters...

Carlyle-backed SBI Cards' IPO to open on March 2

Finance

20 February, 2020

Carlyle-backed SBI Cards' IPO to open on March 2

The $1.25 billion initial public offering of SBI Cards and Payment Services, the credit card arm of State Bank of ......

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Olympus Capital Asia Credit raising India-focused fund

Finance

20 February, 2020

Olympus Capital Asia Credit raising India-focused fund

Singapore-based Olympus Capital Asia Credit, which provides structured lending solutions to mid-sized corporations in the Asia-Pacific,...

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Intercontinental Exchange exits sole India investment with a haircut

Finance

19 February, 2020

Intercontinental Exchange exits sole India investment with a haircut

Intercontinental Exchange Inc. (ICE), the world's second-largest exchange group by market value, has exited its sole India...

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These three sectors account for nearly three-fourths of bankruptcy cases

Finance

19 February, 2020

These three sectors account for nearly three-fourths of bankruptcy cases

Ever since India implemented a new bankruptcy law in 2016, creditors have been quick to drag defaulters to various courts ......

Blume Ventures marks final close of new fund, overshoots target

Finance

19 February, 2020

Blume Ventures marks final close of new fund, overshoots target

Blume Ventures said on Wednesday it has marked the final close of its third fund at $102 million (Rs 715 ......

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