Finance
Stay updated with the latest financial news, funding developments, government policies, and insights shaping the finance sector in India.
Finance
India Quotient marks first close of third fund, mulls bigger bets
Venture capital firm India Quotient has marked the first close of its third fund at $30 million (Rs 195 crore), ......
Finance
Investors plough $1.3 mn in online loan matchmaker Finzy
Online loan matchmaker Finzy has raised $1.3 million (Rs 8.4 crore) in the first round of pre-Series A funding, a ......
Finance
ChrysCapital leads $55 mn round in school finance company Varthana
Home-grown private equity firm ChrysCapital led a Rs 350-crore ($55-million) Series C funding round in Bengaluru-based school finance company Thirumeni ......
Finance
PE firms to generate neat returns as Ebix buying Centrum's forex biz for $175 mn
Centrum Capital Ltd has agreed to sell its foreign exchange unit to US-based software firm Ebix Inc. in a transaction ......
Finance
India's stressed bank assets rise to $146 bn in December
Soured loans at India’s banks rose in the three months to December to 9.5 trillion rupees ($145.9 billion), after declining ......
Finance
Altum Credo Home Finance to raise $9.8 mn from Aavishkaar, others
Altum Credo Home Finance Pvt. Ltd has received a commitment of Rs 64 crore ($9.85 million) from impact investment firm ......
Finance
Canara Bank scraps plan to sell housing finance arm
Canara Bank has called off the divestment plan of its home finance arm, Can Fin Homes Ltd, after talks with ......
Finance
Inditrade Capital in talks to raise funds for agri-commodity business
Brokerage firm Inditrade Capital is in talks with global development financial institutions to raise capital for its agri-commodity business, a ......
Finance
IFC to back Nandan Nilekani, Helion co-founder Aggarwal's Fundamentum fund
International Finance Corporation plans to back the investment fund floated by Infosys Ltd co-founder Nandan Nilekani and Helion Ventures co-founder ......
Finance
From diamond merchants to fish farmers, why is defrauding Indian banks so easy?
Are Indian bankers sloppy? Are they corrupt? Or is it just dumb luck that India’s banking sector is in the ......
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