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Multiples PE to pick up majority stake in non-bank lender

Finance

20 June, 2018

Multiples PE to pick up majority stake in non-bank lender

Mid-market private equity firm Multiples Alternate Asset Management Pvt. Ltd has struck a deal to buy a majority stake in ......

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Mid-stage VC dealmaking holds firm but can't mask woes at both ends of spectrum

Finance

20 June, 2018

Mid-stage VC dealmaking holds firm but can't mask woes at both ends of spectrum

The resilience of mid-stage dealmaking provided a silver lining even as the number of venture capital deals slid to a ......

Goldman Sachs to invest $500 mn in women founders

Finance

20 June, 2018

Goldman Sachs to invest $500 mn in women founders

Goldman Sachs Group Inc will pump $500 million into companies led, founded or owned by women, as it steps up ......

In Charts: Tracing ICICI Bank's performance under Chanda Kochhar

Finance

20 June, 2018

In Charts: Tracing ICICI Bank's performance under Chanda Kochhar

On Monday, ICICI Bank CEO Chanda Kochhar went on leave, pending an investigation into allegations of quid-pro-quo and granting favours ......

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Secondary PE deals no longer carry stigma of yesteryears: NewQuest's Amit Gupta

Finance

20 June, 2018

Secondary PE deals no longer carry stigma of yesteryears: NewQuest's Amit Gupta

Asia-focussed secondaries private equity firm NewQuest Capital Partners has been steadily increasing its presence in India. Earlier this year, NewQuest ......

PNB probe reveals how lapses across levels led to $2 bn fraud

Finance

20 June, 2018

PNB probe reveals how lapses across levels led to $2 bn fraud

A $2 billion fraud at India’s Punjab National Bank (PNB) may have been orchestrated by a few rogue employees, but ......

Capital First, others invest in digital lender SMECorner

Finance

19 June, 2018

Capital First, others invest in digital lender SMECorner

DigiKredit Finance Pvt. Ltd, which operates digital lending platform SMEcorner, has raised $7 million (Rs 47.5 crore) in an investment ......

Emerging markets PE firm Abraaj gets $50 mn bid for investment management biz

Finance

19 June, 2018

Emerging markets PE firm Abraaj gets $50 mn bid for investment management biz

An Abu Dhabi Financial Group company has made a conditional $50 million offer to buy private equity firm Abraaj's investment ......

IIFL Wealth raising $110 mn from Ward Ferry, General Atlantic and others

Finance

19 June, 2018

IIFL Wealth raising $110 mn from Ward Ferry, General Atlantic and others

The wealth management arm of IIFL Holdings Ltd has decided to raise Rs 745.71 crore (about $110 million) from a ......

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ChrysCapital checks out of PIPE portfolio firm with high returns

Finance

19 June, 2018

ChrysCapital checks out of PIPE portfolio firm with high returns

Homegrown private equity firm ChrysCapital has fully exited a company it had backed less than four years ago in its ......

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