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Norwest, TPG leading over $100 mn BFSI sector bet; rope in co-investors

Finance

11 October, 2023

Norwest, TPG leading over $100 mn BFSI sector bet; rope in co-investors

American venture capital and growth equity investor Norwest Venture Partners and private equity firm TPG Growth are ......

Zolve secures $100 mn debt facility from Community Investment Management

Finance

11 October, 2023

Zolve secures $100 mn debt facility from Community Investment Management

Cross-border neobanking startup Zolve on Wednesday said that it has raised a warehouse debt facility of $100 million ......

Tiger Global-backed Moglix posts wider FY23 loss, revenue jumps 82%

Finance

10 October, 2023

Tiger Global-backed Moglix posts wider FY23 loss, revenue jumps 82%

Business-to-business e-commerce unicorn Moglix, which is operated by Mogli Labs (India) Pvt. Ltd, saw a rise in its net ......

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IIFL Fintech Fund reaps dream returns from maiden exit

Finance

10 October, 2023

IIFL Fintech Fund reaps dream returns from maiden exit

IIFL Fintech Fund, the early stage fintech investment vehicle of the diversified financial services group IIFL, has ......

Sovereign wealth fund ADIA optimistic on equities, private credit after turbulent 2022

Finance

10 October, 2023

Sovereign wealth fund ADIA optimistic on equities, private credit after turbulent 2022

Sovereign wealth fund Abu Dhabi Investment Authority (ADIA) said it was optimistic on public equities for 2023 after ......

Julius Baer shifts Rahul Malhotra from India business to lead emerging markets

Finance

09 October, 2023

Julius Baer shifts Rahul Malhotra from India business to lead emerging markets

Swiss private bank Julius Baer announced an overhaul of its executive board on Monday, with executives from UBS among ......

IFC leads $24 mn round in insurtech firm Onsurity

Finance

09 October, 2023

IFC leads $24 mn round in insurtech firm Onsurity

Onsurity Technologies Pvt. Ltd, which operates an eponymous insurtech startup, on Monday said it has raised $24 million......

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Cendana's Kelli Fontaine on early-stage investing, avoiding late-stage funds and more

Finance

09 October, 2023

Cendana's Kelli Fontaine on early-stage investing, avoiding late-stage funds and more

San Francisco-based Cendana Capital, which backs early-stage venture capital funds as a limited partner, recently closed......

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Deals Digest: Weekly funding activity picks up with IT sector in limelight

Finance

06 October, 2023

Deals Digest: Weekly funding activity picks up with IT sector in limelight

Private equity and venture capital deals recovered for the second straight week, after plummeting in mid-September to ......

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LeapFrog targets flagship emerging markets fund's close early next year

Finance

06 October, 2023

LeapFrog targets flagship emerging markets fund's close early next year

LeapFrog Investments, a global impact investor that counts India's CarDekho and HealthifyMe in its portfolio, aims ......

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