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

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Gulf Islamic Investments plans third India-focused fund

Finance

06 March, 2024

Gulf Islamic Investments plans third India-focused fund

UAE-based Gulf Islamic Investments (GII), which manages assets worth more than $4.5 billion in private equity, venture ......

Norway wealth fund to seek more women on company boards in India, other emerging markets

Finance

06 March, 2024

Norway wealth fund to seek more women on company boards in India, other emerging markets

Norway's $1.6 trillion sovereign wealth fund, the world's largest, will call on emerging market companies in ......

Fairfax commits $200 mn to IIFL Finance after RBI ban on gold loans

Finance

06 March, 2024

Fairfax commits $200 mn to IIFL Finance after RBI ban on gold loans

Fairfax India Holdings Corporation, led by Indian-born Canadian billionaire Prem Watsa, has committed $200 million in ......

Elev8 Venture Partners leads $27-mn funding round in IDfy

Finance

06 March, 2024

Elev8 Venture Partners leads $27-mn funding round in IDfy

Growth-stage venture capital firm Elev8 Venture Partners, which is investing from its $200-million maiden fund anchored ......

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Kedaara, Partners Group strike gold from India PE bet despite a setback

Finance

05 March, 2024

Kedaara, Partners Group strike gold from India PE bet despite a setback

Private equity firm Kedaara Capital, which is in the midst of raising a record sum under its fourth India-focused ......

Lendingtech platform mPokket secures $60 mn debt facility from BPEA Credit

Finance

05 March, 2024

Lendingtech platform mPokket secures $60 mn debt facility from BPEA Credit

Digital lending platform mPokket, which offers credit, insurance and career acceleration products to young working ......

Exclusive: Supertails, Perfora backer Sauce.VC marks final close of latest fund

Finance

05 March, 2024

Exclusive: Supertails, Perfora backer Sauce.VC marks final close of latest fund

Consumer-focussed early-stage venture capital firm Sauce.VC has hit the final close of its Sauce Continuity Fund, a top ......

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Axis PE mulling third fund  with higher corpus, focus on more sectors

Finance

06 March, 2024

Axis PE mulling third fund with higher corpus, focus on more sectors

Lender Axis Bank’s private equity vertical, which has backed some marquee names like Lenskart, National Stock Exchange......

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VC firm Ankur Capital gets key LP, eyes first close of third fund this month

Finance

05 March, 2024

VC firm Ankur Capital gets key LP, eyes first close of third fund this month

Venture capital firm Ankur Capital, which invests in early-stage startups in India, is set to mark the first close of ......

IIFL Finance shares plunge after RBI bars firm from offering gold loans

Finance

05 March, 2024

IIFL Finance shares plunge after RBI bars firm from offering gold loans

Shares of India's IIFL Finance fell 20% to the bottom of an exchange-mandated limit on Tuesday, a day after the ......

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