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

InstaReM leads VC funding this week

Finance

23 November, 2018

InstaReM leads VC funding this week

Singapore-headquartered digital cross-border payments firm InstaReM, co-founded by Indian-origin entrepreneur Prajit Nanu, raised over $20 million as part of its ......

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Northern Arc Capital in talks with PE firms, Japanese investor for pre-IPO round

Finance

22 November, 2018

Northern Arc Capital in talks with PE firms, Japanese investor for pre-IPO round

Northern Arc Capital Ltd, formerly known as IFMR Capital, is in discussions with several private equity firms and strategic investors...

Investcorp floats biz to buy stakes in mid-size alternative asset managers

Finance

21 November, 2018

Investcorp floats biz to buy stakes in mid-size alternative asset managers

Gulf-based investment management firm Investcorp has a launched a new business to invest in mid-size alternative asset managers as it ......

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Ace dealmakers among bidders for IDFC Securities

Finance

21 November, 2018

Ace dealmakers among bidders for IDFC Securities

A top executive of the investment banking arm of a private-sector bank is in the race to acquire the securities ......

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Kotak gears up to float a bunch of PE, VC funds to double assets

Finance

21 November, 2018

Kotak gears up to float a bunch of PE, VC funds to double assets

The alternative assets arm of Kotak Mahindra Bank Ltd is preparing to launch private equity and venture capital funds over ......

Hong Kong's PAG closes $6 bn third fund, plans to invest in India

Finance

20 November, 2018

Hong Kong's PAG closes $6 bn third fund, plans to invest in India

Hong Kong-based investment firm PAG has closed fundraising for its third Asia-focused buyout fund at $6 billion (Rs 42,849 crore),...

Mauritius' SBM Bank hires senior Axis exec to head India operations

Finance

20 November, 2018

Mauritius' SBM Bank hires senior Axis exec to head India operations

Mauritius’ SBM Bank has appointed a former Axis Bank Ltd senior executive to head its India operations. Sidharth Rath,...

Akshaypat Singhania floats $14 mn fund to invest in startups

Finance

20 November, 2018

Akshaypat Singhania floats $14 mn fund to invest in startups

Akshaypat Singhania, a fourth-generation scion of the Singhania family popularly known for their clothing brand Raymond, has launched...

HDFC Bank to acquire Bank of Baroda's stake in Clearing Corporation

Finance

20 November, 2018

HDFC Bank to acquire Bank of Baroda's stake in Clearing Corporation

HDFC Bank, India’s most valued lender, has agreed to buy state-run Bank of Baroda’s stake in Clearing Corporation...

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IDFC's mutual fund biz attracts interest from peers, market veteran

Finance

20 November, 2018

IDFC's mutual fund biz attracts interest from peers, market veteran

Non-banking financial company IDFC Ltd has found several takers for its mutual fund unit — albeit at a lower valuation ......

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