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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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Singapore's Lend East raising capital to back Asian lenders

Finance

06 September, 2019

Singapore's Lend East raising capital to back Asian lenders

Singapore-based lending platform Lend East Pte Ltd is raising a corpus to make debt investments across Asia, the company's...

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Investec hires EY execs to strengthen corporate finance, ECM verticals

Finance

05 September, 2019

Investec hires EY execs to strengthen corporate finance, ECM verticals

Asset manager and investment bank Investec Capital Services (India) Pvt. Ltd has hired two senior executives from EY India’s...

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Why Hunch Ventures prefers instincts over spreadsheets to build its portfolio

Finance

05 September, 2019

Why Hunch Ventures prefers instincts over spreadsheets to build its portfolio

Last year, Hunch Ventures invested in the debut fund of venture capital firm Roots Ventures. This was the firm’s first ......

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Anand Rathi explores private funding round for wealth unit after shelving IPO

Finance

05 September, 2019

Anand Rathi explores private funding round for wealth unit after shelving IPO

Financial services group Anand Rathi is raising a private round of equity capital for its wealth business, which called off ......

Aditya Birla Capital to raise $153 mn from Advent, PremjiInvest

Finance

05 September, 2019

Aditya Birla Capital to raise $153 mn from Advent, PremjiInvest

Aditya Birla Capital Ltd, the holding company of the Aditya Birla Group's financial services businesses, said on Thursday...

Accion Venture Lab raising new fintech-focussed fund

Finance

04 September, 2019

Accion Venture Lab raising new fintech-focussed fund

Seed-stage impact investor Accion Venture Lab said on Wednesday it is raising a $33-million (Rs 238 crore) fund that will ......

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How True North's long bet on Meru is deep underwater as M&M takes the wheel

Finance

04 September, 2019

How True North's long bet on Meru is deep underwater as M&M takes the wheel

Private equity investor True North is staring at a potential haircut in one of its oldest remaining portfolio companies, Meru...

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IRDA waives lock-in period for Fairfax's stake in ICICI Lombard

Finance

04 September, 2019

IRDA waives lock-in period for Fairfax's stake in ICICI Lombard

India’s insurance regulator has paved the way for Canadian firm Fairfax Financial Holdings Ltd to exit its almost two-decade-long...

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State Bank of India looks to exit financial services company

Finance

04 September, 2019

State Bank of India looks to exit financial services company

State Bank of India (SBI), the country's largest lender, has started a process to exit its six-year-old investment in a ......

IFC plans to invest in Chiratae's new venture capital fund

Finance

04 September, 2019

IFC plans to invest in Chiratae's new venture capital fund

International Finance Corporation (IFC) plans to invest $20 million (around Rs 144 crore) in Chiratae Ventures' new fund,...

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