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

US market rebound aids BlackRock's third quarter performance as investors return

Finance

13 October, 2023

US market rebound aids BlackRock's third quarter performance as investors return

BlackRock, the world's largest asset manager, on Friday reported a 13% rise in third-quarter profit as a rebound in ......

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How Mafatlal Family Office is juggling playbook between different asset classes

Finance

13 October, 2023

How Mafatlal Family Office is juggling playbook between different asset classes

The Arvind Mafatlal Group, one of the oldest conglomerates in the nation that has six operational companies in the ......

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Mid-market PE firms OIJIF, Amicus may manage benchmark returns in exit move

Finance

12 October, 2023

Mid-market PE firms OIJIF, Amicus may manage benchmark returns in exit move

Mid-market private equity firms Amicus Capital and Oman India Joint Investment Fund (OIJIF) along with a large Mumbai-......

RBI imposes $600,000 penalty on Paytm Payments Bank

Finance

12 October, 2023

RBI imposes $600,000 penalty on Paytm Payments Bank

India's central bank said on Thursday it has imposed a penalty of 53.9 million rupees ($647,762.58) on Paytm ......

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Bottomline: PE-backed KreditBee back in the black in FY23; eyes $1 bn AUM

Finance

12 October, 2023

Bottomline: PE-backed KreditBee back in the black in FY23; eyes $1 bn AUM

Digital lending platform KreditBee, which primarily provides personal loans to salaried and self-employed individuals, ......

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Inside peek at the investment strategy of Gulf VC Nuwa Capital

Finance

12 October, 2023

Inside peek at the investment strategy of Gulf VC Nuwa Capital

UAE-based Nuwa Capital, the venture capital firm that has garnered over $100mn in its maiden outing in a final close ......

Singapore's RV Capital marks first close of maiden India private credit fund

Finance

12 October, 2023

Singapore's RV Capital marks first close of maiden India private credit fund

Singapore-based RV Capital Management’s India arm on Thursday announced the first close of its maiden performing ......

Bharti Group to buy out AXA's stake in joint venture

Finance

11 October, 2023

Bharti Group to buy out AXA's stake in joint venture

Bharti Group will acquire French insurer AXA's 49% stake in Bharti AXA Life Insurance Co, the Indian conglomerate ......

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‘Global LPs keen on funds with GP staking'

Finance

11 October, 2023

‘Global LPs keen on funds with GP staking'

Limited partners (LPs) across the globe are more inclined to back funds that have an investment mandate to pick a ......

InsuranceDekho raises $60 mn in ongoing Series B round

Finance

11 October, 2023

InsuranceDekho raises $60 mn in ongoing Series B round

InsuranceDekho,which raised $150 million in one of the largest Series A rounds in India earlier this year, has secured ......

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