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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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Karnataka government-backed Kitven floats its largest-ever VC fund

Finance

26 June, 2023

Karnataka government-backed Kitven floats its largest-ever VC fund

Karnataka Innovation and Technology Venture (Kitven), a state and central government financial institutions-backed ......

Tiger Global-backed Cred acqui-hires investment tech firm Spenny

Finance

23 June, 2023

Tiger Global-backed Cred acqui-hires investment tech firm Spenny

Serial entrepreneur Kunal Shah-founded fintech unicorn Cred, which counts Sofina, Tiger Global, FalconEdge and Dragoneer......

How HDFC Bank-HDFC merger will shake up debt funding for non-bank borrowers

Finance

23 June, 2023

How HDFC Bank-HDFC merger will shake up debt funding for non-bank borrowers

The merger of Housing Development Finance Corp and HDFC Bank is set to shake up the debt fundraising market for ......

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Denmark's IFU seeks to double India assets, make larger bets

Finance

23 June, 2023

Denmark's IFU seeks to double India assets, make larger bets

The Investment Fund for Developing Countries (IFU) aims to almost double its assets under management in India over ......

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Atomberg backer Steadview eyes stake in Indian jewellery retailer

Finance

23 June, 2023

Atomberg backer Steadview eyes stake in Indian jewellery retailer

Global hedge fund Steadview Capital Management Llc has joined the race to buy a significant minority stake in Ratan Tata......

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Mumbai Angels records its busiest year amid startup funding winter

Finance

22 June, 2023

Mumbai Angels records its busiest year amid startup funding winter

Mumbai Angels sealed the most transactions in its history during the year through March 2023 even as the broader startup......

Blume Ventures hits first close of $50 mn third growth fund

Finance

22 June, 2023

Blume Ventures hits first close of $50 mn third growth fund

Early-stage venture capital firm Blume Ventures, which has backed more than 150 startups including Unacademy, Spinny, ......

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Temasek grabs a bigger bite of Indian asset manager

Finance

21 June, 2023

Temasek grabs a bigger bite of Indian asset manager

Singapore state investment firm Temasek Holdings, one of the most active private equity-style investors in India, has ......

Red Fort Capital secures debt funding to push loan book growth

Finance

21 June, 2023

Red Fort Capital secures debt funding to push loan book growth

Parry Singh-led Red Fort Capital, which specializes in disbursing loans to micro, small, and medium enterprises (MSMEs......

JPMorgan joins Goldman, Citi in cutting Asia investment banking jobs

Finance

21 June, 2023

JPMorgan joins Goldman, Citi in cutting Asia investment banking jobs

JPMorgan Chase & Co has in a new round of downsizing cut around 20 investment banking jobs in Asia, a ......

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