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

Elevation Capital leads Series A round in Vridhi Home Finance

Finance

31 October, 2023

Elevation Capital leads Series A round in Vridhi Home Finance

Early-to-growth stage venture capital investor Elevation Capital has led Rs 150 crore ($18 million) capital infusion in ......

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How True North, TA, LeapFrog and MO Alts fare as Fincare SFB gets strategic buyer

Finance

30 October, 2023

How True North, TA, LeapFrog and MO Alts fare as Fincare SFB gets strategic buyer

The private equity backers of Fincare Small Finance Bank, who were looking to taking the lender public via an initial......

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True North slashes new PE fund size, nears first close

Finance

30 October, 2023

True North slashes new PE fund size, nears first close

True North, one of the oldest private equity firms in India, which recently struck a showcase partial exit from a ......

Indifi, ApnaKlub backer Flourish Ventures gets $350 mn more for fintech bets

Finance

27 October, 2023

Indifi, ApnaKlub backer Flourish Ventures gets $350 mn more for fintech bets

Flourish Ventures, which counts Indian fintech startups Indifi and ApnaKlub in its portfolio, has secured a new ......

WestBridge-backed Adda247 doubles revenue in FY23, eyes IPO in 2-3 yrs

Finance

27 October, 2023

WestBridge-backed Adda247 doubles revenue in FY23, eyes IPO in 2-3 yrs

Edtech startup Adda247 on Friday said it has more than doubled its revenue in the financial year that ended March ......

Temasek-backed OneCard spent around Rs 2 to earn one rupee from operations in FY23

Finance

27 October, 2023

Temasek-backed OneCard spent around Rs 2 to earn one rupee from operations in FY23

Temasek-backed credit card startup OneCard saw its loss widen in the financial year through March 2023, despite an ......

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Gulf Capital ups fourth fund size, eyes region's largest growth buyout vehicle

Finance

27 October, 2023

Gulf Capital ups fourth fund size, eyes region's largest growth buyout vehicle

Gulf Capital has increased the target size of its planned fourth private equity fund to be deployed across ......

Global hedge funds gear up to enter the Indian market

Finance

27 October, 2023

Global hedge funds gear up to enter the Indian market

Global hedge funds are making a beeline to set up shop in India, a market long-shunned by international investors, ......

Blackstone exec and Wall Street strategist Byron Wien dies at 90

Finance

27 October, 2023

Blackstone exec and Wall Street strategist Byron Wien dies at 90

Byron Wien, who guided investors on what to buy and sell and authored a widely anticipated yearly list of "10 ......

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Lighthouse nears final close of fourth PE fund, loops in new LP

Finance

26 October, 2023

Lighthouse nears final close of fourth PE fund, loops in new LP

Mid-market private equity firm Lighthouse Funds, which counts Fabindia, Duroflex, Wow! Momo and Tynor, among its ......

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