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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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SRI Fund-backed VC firm targets $85 mn in maiden outing

Finance

18 May, 2023

SRI Fund-backed VC firm targets $85 mn in maiden outing

A Hyderabad-based venture capital firm that counts the government’s Self-Reliant India (SRI) Fund as its backer aims ......

SBI Funds gets RBI nod to buy 9.99% of HDFC Bank in multi-billion-dollar deal

Finance

18 May, 2023

SBI Funds gets RBI nod to buy 9.99% of HDFC Bank in multi-billion-dollar deal

The Reserve Bank of India (RBI) has given SBI Funds Management (SBIFML) -a joint venture between State Bank of India ......

Emerging market debt hits $100 trillion; India among nations with biggest increases

Finance

18 May, 2023

Emerging market debt hits $100 trillion; India among nations with biggest increases

A measure of debt across the globe rose in the first quarter to almost $305 trillion, and the rising cost ......

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How Dubai Future District Fund's LP portfolio is different from direct bets

Finance

17 May, 2023

How Dubai Future District Fund's LP portfolio is different from direct bets

The Dubai Future District Fund (DFDF), an evergreen venture investment and fund of funds that was created a year and ......

SaaS platform Mithi, fintech startup CapitalSetu raise funding

Finance

17 May, 2023

SaaS platform Mithi, fintech startup CapitalSetu raise funding

Software-as-a-service startup Mithi Software and financial services firm CapitalSetu have secured early-stage funding, ......

Tencent returns to revenue growth in Q1CY23 aided by ad, gaming businesses

Finance

17 May, 2023

Tencent returns to revenue growth in Q1CY23 aided by ad, gaming businesses

China's Tencent Holdings Ltd posted a 11% rise in first-quarter revenue on Wednesday, beating analyst expectations, ......

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Ex-Encourage Capital consultant teams up with CapitalSG founder for new VC fund

Finance

17 May, 2023

Ex-Encourage Capital consultant teams up with CapitalSG founder for new VC fund

Megha Goel, a former consultant at New York-based asset management firm Encourage Capital, which was formed by the ......

Morgan Stanley weighs cutting 7% of Asia investment bank jobs

Finance

16 May, 2023

Morgan Stanley weighs cutting 7% of Asia investment bank jobs

Morgan Stanley is considering a 7% cut in its Asia-Pacific investment banking workforce, or about 40 jobs, according to ......

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True North, Warburg Pincus beat benchmark returns in exit move

Finance

15 May, 2023

True North, Warburg Pincus beat benchmark returns in exit move

True North, one of India’s oldest private equity firms, and US-based alternative investment firm Warburg Pincus have ......

Deloitte buys two assets from Websym Solutions

Finance

15 May, 2023

Deloitte buys two assets from Websym Solutions

Consulting and accounting firm Deloitte India on Monday said it has acquired two assets from Pune-based technology ......

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