Finance

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

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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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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Finance

19 June, 2018

Bad loans: How ICICI and other private-sector banks stack up against PSU lenders

The debate on the bad loan mess plaguing the Indian banking industry has focussed mainly on state-run lenders. And for ......

Finance

18 June, 2018

Can local payments companies survive the onslaught of global players?

Big global players such as Amazon, WhatsApp and Google are moving into the Indian payments market. This will present challenges ......

Finance

18 June, 2018

Here's why booking CAs and lawyers for bank frauds may not be enough

Punjab National Bank (PNB), which suffered the ignominy of reporting India’s biggest bank fraud, plans to go on the offensive ......

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Finance

15 June, 2018

Fresh LP commitment to Indian PE-VC funds hit new record of $3.2 bn last quarter

India’s alternative asset class has hit a new milestone as total dry power or investible money available to be poured ......

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Finance

15 June, 2018

Aim to fill funding gap for Indian firms targeting US market: SRI Capital's Reddi

Launched in 2012, SRI Capital, a seed-stage investor focussing on India and the US with 30 bets from its debut ......

Finance

14 June, 2018

Emerging markets-focused PE firm Abraaj files for provisional liquidation

Abraaj Holdings Ltd, an emerging markets-focused private equity firm that has backed Hyderabad-based Care Hospitals and online grocer BigBasket, has ......

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Finance

13 June, 2018

VC firms looking for co-investors to spread risks: Ventureast's Srinivasan

Early-stage investment firm Ventureast is expecting the year to be eventful. The firm is aiming to exit a couple of ......

Finance

13 June, 2018

Secondaries specialist TR Capital opens third Asia office in Mumbai

Secondaries specialist TR Capital has opened its third Asia office in Mumbai and has relocated some team members to the ......

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