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

Ummeed Housing Finance raises $5.6 mn in Series B funding

Finance

22 May, 2017

Ummeed Housing Finance raises $5.6 mn in Series B funding

Ummeed Housing Finance Pvt. Ltd has raised Series B funding of $5.6 million (Rs 36 crore) from existing investors Lok ......

How data-driven microfinance is changing the lending landscape

Finance

22 May, 2017

How data-driven microfinance is changing the lending landscape

Jaya Shrivastava is a 26-year-old freelance photographer. She has worked with top-notch brands such as Ford and SoftBank Energy and ......

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Returns a challenge for LPs in India: Portfolio Advisors' Michael Liu

Finance

22 May, 2017

Returns a challenge for LPs in India: Portfolio Advisors' Michael Liu

US-based investment firm Portfolio Advisors LLC, which has been present in India for over a decade, sees getting returns as ......

SoftBank raises $93 bn for Vision Fund to back tech firms

Finance

22 May, 2017

SoftBank raises $93 bn for Vision Fund to back tech firms

The world's largest private equity fund, backed by Japan's Softbank Group and Saudi Arabia's main sovereign wealth fund, said on ......

IIFL hits final close of new fund for IPO, pre-IPO investments

Finance

19 May, 2017

IIFL hits final close of new fund for IPO, pre-IPO investments

IIFL Asset Management Ltd has achieved the final close of IIFL Special Opportunities Fund, which will predominantly invest before and ......

Microlender Arohan raises $24 mn from Denmark's Maj Invest, others

Finance

19 May, 2017

Microlender Arohan raises $24 mn from Denmark's Maj Invest, others

Kolkata-based Arohan Financial Services Pvt. Ltd has raised Rs 155.5 crore ($24.1 million) from new and existing investors to expand ......

Sensex touches new record as consumer goods stocks surge

Finance

19 May, 2017

Sensex touches new record as consumer goods stocks surge

The benchmark BSE index rose as much as 0.9 percent to a record high on Friday, scaling an all-time peak ......

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Non-bank lender IntelleGrow readies game plan for venture debt biz

Finance

18 May, 2017

Non-bank lender IntelleGrow readies game plan for venture debt biz

Non-banking finance company IntelleGrow has initiated the process to float its first private debt fund, joining a host of lenders ......

Creating bandwidth key for transition to digital payments, say panellists at VCCircle event

Finance

17 May, 2017

Creating bandwidth key for transition to digital payments, say panellists at VCCircle event

Creating enough bandwidth and providing incentives to merchants and consumers can help push the government’s drive to get rid of ......

India's digital spend small but opportunity huge: Panellists at VCCircle event

Finance

17 May, 2017

India's digital spend small but opportunity huge: Panellists at VCCircle event

Notwithstanding the recent decline in online personal spend, India’s digital payment landscape has tremendous growth potential with the government incentivising ......

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