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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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Asia-Pacific family offices outperform global average but turning cautious

Finance

25 September, 2019

Asia-Pacific family offices outperform global average but turning cautious

Family offices in Asia-Pacific, which includes India, generated more return on their investments than the global average but are...

Depositors panic as curbs put on major Indian co-operative bank

Finance

25 September, 2019

Depositors panic as curbs put on major Indian co-operative bank

The Reserve Bank of India’s (RBI) move to take charge of one of the country’s top five co-operative banks on ......

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Proparco grew credit to NBFCs as it has a counter-cyclical role: Philippe Serres

Finance

25 September, 2019

Proparco grew credit to NBFCs as it has a counter-cyclical role: Philippe Serres

Proparco SA, the private-sector arm of French development finance institution Agence Française de Développement, has increased credit to Indian lenders ......

Morgan Stanley's private equity unit raises $366 mn for fifth Asia fund

Finance

24 September, 2019

Morgan Stanley's private equity unit raises $366 mn for fifth Asia fund

Morgan Stanley Private Equity Asia has raised $366.4 million for its fifth Asia fund, a regulatory filing shows. The fund,...

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Norwest Venture signs single-biggest Indian startup cheque for fintech firm

Finance

24 September, 2019

Norwest Venture signs single-biggest Indian startup cheque for fintech firm

Multi-stage investment firm Norwest Venture Partners has written its single-biggest cheque to an Indian startup, backing an Indian...

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Contrarian Drishti founder to float early-stage fund for technology bets

Finance

24 September, 2019

Contrarian Drishti founder to float early-stage fund for technology bets

Somak Ghosh, founder of early-stage investor Contrarian Drishti Partners, has teamed up with two investment professionals to raise...

Allianz, Nippon in race to buy Aviva's Asia units for up to $2.5 bn

Finance

24 September, 2019

Allianz, Nippon in race to buy Aviva's Asia units for up to $2.5 bn

German insurer Allianz (ALVG.DE), Nippon Life and MS&AD Insurance (8725.T) are vying with rivals to buy the Singapore and...

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How much money is WestBridge minting by exiting snacks maker?

Finance

24 September, 2019

How much money is WestBridge minting by exiting snacks maker?

Homegrown private equity firm WestBridge Capital is poised to clock neat returns by exiting its five-and-a-half year investment...

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Former BanyanTree PE exec's SME fund makes third bet

Finance

23 September, 2019

Former BanyanTree PE exec's SME fund makes third bet

India SME Investments LLP, a private equity fund launched by a former BanyanTree executive, has struck its third deal by ......

HarbourVest backs B2B fund floated by former Norwest, Freshworks execs

Finance

23 September, 2019

HarbourVest backs B2B fund floated by former Norwest, Freshworks execs

Global private equity investment firm HarbourVest Partners LLC has come in as the single Limited Partner (LP), or investor, in...

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