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Finance

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

Deutsche Bank scraps plans to sell Indian retail and wealth biz

Finance

17 April, 2018

Deutsche Bank scraps plans to sell Indian retail and wealth biz

Deutsche BankĀ  has ended talks to sell its Indian retail and wealth management business to private lender IndusInd Bank Ltd, ......

SAIF Partners to pick up 24.8% stake in Arman Financial Services

Finance

17 April, 2018

SAIF Partners to pick up 24.8% stake in Arman Financial Services

Ahmedabad-based non-banking financial company Arman Financial Services Ltd has raised Rs 50 crore ($7.6 million) through compulsorily convertible debentures from ......

Lone Star to take 50% stake in Indiabulls co-founder Rajiv Rattan's NBFC

Finance

16 April, 2018

Lone Star to take 50% stake in Indiabulls co-founder Rajiv Rattan's NBFC

Rajiv Rattan, who co-founded Indiabulls Group at the turn of the century before moving out three years ago, has partnered ......

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How much did Canbank Venture Capital make by exiting healthcare provider GNRC?

Finance

16 April, 2018

How much did Canbank Venture Capital make by exiting healthcare provider GNRC?

Canbank Venture Capital Fund Ltd, a subsidiary of state-run Canara Bank Ltd, has exited its six-year-old investment in healthcare provider ......

Troubled PE firm Abraaj hires Deloitte to review business, healthcare fund

Finance

16 April, 2018

Troubled PE firm Abraaj hires Deloitte to review business, healthcare fund

Abraaj has hired Deloitte to examine its business, including its troubled $1 billion healthcare fund, after investors questioned an earlier ......

SAIF Partners-backed Aye Finance gets debt funding from Swiss firm BlueOrchard

Finance

13 April, 2018

SAIF Partners-backed Aye Finance gets debt funding from Swiss firm BlueOrchard

SAIF Partners-backed Aye Finance Pvt. Ltd has raised Rs 30 crore ($4.6 million) in debt funding from Swiss social impact ......

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How a decline at lower end of mid-market PE dealmaking is starving SMEs for funds

Finance

12 April, 2018

How a decline at lower end of mid-market PE dealmaking is starving SMEs for funds

A mid-market private equity firm invested $10-15 million (Rs 65-100 crore) in two small and medium enterprises over the past ......

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Muthoot Microfin kicks off process for large IPO

Finance

12 April, 2018

Muthoot Microfin kicks off process for large IPO

Muthoot Microfin Ltd, the microloan arm of Kerala-based Muthoot Pappachan Group, has selected merchant bankers for an initial public offering ......

Venture Catalysts backs Kolkata-based Ideal Insurance Brokers

Finance

12 April, 2018

Venture Catalysts backs Kolkata-based Ideal Insurance Brokers

Kolkata-based Ideal Insurance Brokers Pvt. Ltd has raised $1 million (Rs 6.5 crore) in a seed round from funding and ......

IL&FS PE aims to hit soft close for $1 bn infra fund this year

Finance

11 April, 2018

IL&FS PE aims to hit soft close for $1 bn infra fund this year

IL&FS Investment Managers Ltd, the private equity arm of Infrastructure Leasing & Financial Services Ltd (IL&FS), may mark the soft ......

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