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

RBL Bank raises stake in Swadhaar FinServe to 60.48%

Finance

27 November, 2017

RBL Bank raises stake in Swadhaar FinServe to 60.48%

Private-sector lender RBL Bank Ltd said on Monday it has raised its stake in financial product distribution subsidiary Swadhaar FinServe ......

Sensex gains a tad in cautious trade; bonds fall on S&P rating move

Finance

27 November, 2017

Sensex gains a tad in cautious trade; bonds fall on S&P rating move

Sensex edged higher for an eighth consecutive session on Monday as private lenders such as Axis Bank extended gains, although ......

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Fund scan: KKR smells more money in bigger India PE deals; high on credit biz

Finance

27 November, 2017

Fund scan: KKR smells more money in bigger India PE deals; high on credit biz

It’s not uncommon for companies looking to expand their business or enter a new market to proceed with caution—take baby ......

Edelweiss raises $270 mn for pre-IPO fund

Finance

27 November, 2017

Edelweiss raises $270 mn for pre-IPO fund

Mumbai-based diversified financial services company Edelweiss has raised up to Rs 1,750 crore (around $270 million) for its latest alternative ......

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More Indian startups seeing down rounds: Sistema Asia Fund's Kozhevnikov

Finance

27 November, 2017

More Indian startups seeing down rounds: Sistema Asia Fund's Kozhevnikov

Sistema Asia Fund, a $50-million venture capital fund floated by Russian conglomerate Sistema JSFC, has been actively investing in Indian ......

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Norwest makes third full exit this year with above-benchmark returns

Finance

24 November, 2017

Norwest makes third full exit this year with above-benchmark returns

Multi-stage private investment firm Norwest Venture Partners has sold its entire stake in private sector lender RBL Bank, marking its ......

Kenneth Andrade's Old Bridge to float $62 mn alternative investment fund

Finance

24 November, 2017

Kenneth Andrade's Old Bridge to float $62 mn alternative investment fund

Kenneth Andrade’s portfolio management services firm Old Bridge Capital will launch a public markets fund early next ......

Standard & Poor's keeps India debt rating unchanged

Finance

24 November, 2017

Standard & Poor's keeps India debt rating unchanged

Standard & Poor’s stuck with its “BBB-minus” sovereign rating and “stable” outlook for India on Friday, declining to follow Moody’s ......

Unilever Ventures invests $10 mn in IDG Ventures India

Finance

24 November, 2017

Unilever Ventures invests $10 mn in IDG Ventures India

Unilever Ventures, the venture capital and private equity arm of consumer goods giant Unilever, has invested Rs 65 crore ($10 ......

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CDPQ's direct India investment portfolio crosses $500 mn with Edelweiss bet

Finance

24 November, 2017

CDPQ's direct India investment portfolio crosses $500 mn with Edelweiss bet

Canadian pension fund CDPQ has picked up a stake in Edelweiss Financial Services Ltd, ramping up its direct bets on ......

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