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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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US pension fund tops up LP commitment to True North's sixth private equity vehicle

Finance

26 March, 2019

US pension fund tops up LP commitment to True North's sixth private equity vehicle

Homegrown private equity firm True North has received a follow-on investment for its sixth fund from one of its existing ......

Infosys to make LP bet on US-based venture capital fund

Finance

26 March, 2019

Infosys to make LP bet on US-based venture capital fund

Indian software services exporter Infosys Ltd is making a Limited Partner-style investment in US-based artificial intelligence-focussed...

Prudential set to raise $232 mn via stake sale in ICICI Prudential Life

Finance

26 March, 2019

Prudential set to raise $232 mn via stake sale in ICICI Prudential Life

UK-based insurer and investment firm Prudential Corporation Holdings Ltd (PCHL) is looking to sell up to 3.7% of its stake ......

Edelweiss targets $1-bn corpus for structured credit fund

Finance

26 March, 2019

Edelweiss targets $1-bn corpus for structured credit fund

Edelweiss Financial Services Ltd is aiming to raise up to $1 billion for its structured credit-focussed Edelweiss Special Opportunities...

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Exclusive: Evolvence India Fund may come in as LP for healthcare-focussed PE firm

Finance

26 March, 2019

Exclusive: Evolvence India Fund may come in as LP for healthcare-focussed PE firm

Evolvence India Fund is in advanced talks to make Limited Partner (LP) commitments to a healthcare-focussed private equity firm,...

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Non-bank lender BlackSoil Capital raises debt funding

Finance

26 March, 2019

Non-bank lender BlackSoil Capital raises debt funding

Mumbai-based non-banking financial company BlackSoil Capital Pvt. Ltd has raised money from high-net-worth individuals (HNIs)...

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Former Axis Capital merchant banker joins as CEO of state-run lender

Finance

25 March, 2019

Former Axis Capital merchant banker joins as CEO of state-run lender

A former deputy chief executive officer of Axis Capital will join a government-owned tourism industry financier as managing director...

Finova pockets Series B cheque from Faering Capital, Sequoia

Finance

25 March, 2019

Finova pockets Series B cheque from Faering Capital, Sequoia

Jaipur-based non-banking financial company Finova Capital Pvt. Ltd has closed a $15 million (Rs 103 crore) Series B round from...

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Fund Scan: Inside India Quotient's quest for the next big thing

Finance

25 March, 2019

Fund Scan: Inside India Quotient's quest for the next big thing

In 2015, India Quotient made a seed investment in native language social networking platform ShareChat. But this was only after...

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Not chasing AUM; to stay off wholesale, realty lending: APAC Fin's Randhir Singh

Finance

25 March, 2019

Not chasing AUM; to stay off wholesale, realty lending: APAC Fin's Randhir Singh

Randhir Singh Deutsche Bank’s former Asia-Pacific chief Gunit Chadha, along with others, set up Mumbai-based APAC Financial Services Pvt. Ltd last ......

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