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

Grapevine: Byju's gets reprieve from court; Muvin shuts operations

Finance

06 February, 2024

Grapevine: Byju's gets reprieve from court; Muvin shuts operations

Bengaluru-based edtech giant Byju’s got a favourable order from a Bengaluru civil court that rejected a plea by its ......

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Nexus Venture Partners names new partner to beef up top deck

Finance

05 February, 2024

Nexus Venture Partners names new partner to beef up top deck

Homegrown venture capital firm Nexus Venture Partners, which has raised more than $2 billion across its seven India- and......

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Investcorp puts India private credit strategy on the back burner

Finance

05 February, 2024

Investcorp puts India private credit strategy on the back burner

Bahrain-based alternative asset manager Investcorp, which is aiming to manage $5 billion across investment classes in ......

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African PE firm SPE Capital taps another returning LP for third fund

Finance

05 February, 2024

African PE firm SPE Capital taps another returning LP for third fund

Africa- and Middle East-focused private equity firm SPE Capital, which invests in mid-sized companies, is set to secure......

Paytm hits lower circuit for third straight session, wipes out $2.5 bn in market cap

Finance

05 February, 2024

Paytm hits lower circuit for third straight session, wipes out $2.5 bn in market cap

Shares of Indian digital payments firm Paytm slumped their daily limit for a third day in a row on Monday and ......

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Faad Network co-founder on plans for new fund, investment strategy and more

Finance

05 February, 2024

Faad Network co-founder on plans for new fund, investment strategy and more

Angel network Faad Network, which launched its angel fund in 2022 and has made over 80 early-stage bets so far, ......

Brookfield names former India head Anuj Ranjan CEO of global PE biz

Finance

03 February, 2024

Brookfield names former India head Anuj Ranjan CEO of global PE biz

Canadian alternative investment firm Brookfield Asset Management Inc. has named Anuj Ranjan the CEO of Brookfield ......

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Blackstone tweaks Indian portfolio exit plan in second attempt

Finance

02 February, 2024

Blackstone tweaks Indian portfolio exit plan in second attempt

Private equity behemoth Blackstone, which hit the sell button on a clutch of portfolio companies last year, including ......

Paytm slumps another 20% after RBI clampdown on payments bank

Finance

02 February, 2024

Paytm slumps another 20% after RBI clampdown on payments bank

Shares of Indian digital payments firm Paytm tumbled 20% on Friday after a central bank clampdown on its payments bank ......

Explained: What next for Paytm's banking arm after RBI clampdown?

Finance

01 February, 2024

Explained: What next for Paytm's banking arm after RBI clampdown?

The Reserve Bank of India (RBI) has ordered the payments bank subsidiary of Paytm to stop accepting fresh deposits in ......

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