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

Sensex, Nifty slip to lowest in five months as banking shares sell off

Finance

13 March, 2023

Sensex, Nifty slip to lowest in five months as banking shares sell off

Indian shares fell to a five-month low on Monday, dragged by a selloff in financial stocks, as the Silicon Valley ......

Funding in AI startups subdued, at over $50 bn in 2022

Finance

13 March, 2023

Funding in AI startups subdued, at over $50 bn in 2022

With the rise of artificial intelligence (AI) in the global market, it has caught the attention of venture capital (VC) ......

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Exclusive: FabIndia backer Lighthouse hits first close of fourth India fund

Finance

13 March, 2023

Exclusive: FabIndia backer Lighthouse hits first close of fourth India fund

Homegrown private equity firm Lighthouse Funds, the backer of companies such as Fabindia, has marked the first close of its ......

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Rebel Foods, Dunzo backer Lightbox pushes new fund launch as focus shifts to exits

Finance

13 March, 2023

Rebel Foods, Dunzo backer Lightbox pushes new fund launch as focus shifts to exits

Lightbox, the backer of startups such as Rebel Foods, Dunzo and Paymate, aims to go slow on launching its fourth ......

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Tano, TR Capital-backed microlender mops up $11 mn in new funding

Finance

13 March, 2023

Tano, TR Capital-backed microlender mops up $11 mn in new funding

A Kolkata-based microfinance institution that counts private equity firm Tano Capital and secondaries specialist TR ......

SVB collapse: Experts warn of bad investor behaviour as US govt stems a banking crisis

Finance

13 March, 2023

SVB collapse: Experts warn of bad investor behaviour as US govt stems a banking crisis

US regulators may have stemmed a banking crisis by guaranteeing deposits of collapsed Silicon Valley Bank (SVB), but ......

Revenue-based financiers step in to aid SVB-hit startups

Finance

13 March, 2023

Revenue-based financiers step in to aid SVB-hit startups

Startups impacted by the collapse of Silicon Valley Bank (SVB) are being offered interim financing from funding ......

HSBC to acquire SVB's UK unit for GBP 1

Finance

13 March, 2023

HSBC to acquire SVB's UK unit for GBP 1

HSBC bought the UK arm of Silicon Valley Bank for a symbolic one pound on Monday, rescuing a key lender ......

SVB crisis to hit over 10,000 startups, 1 lakh jobs: Y Combinator

Finance

13 March, 2023

SVB crisis to hit over 10,000 startups, 1 lakh jobs: Y Combinator

In a petition to the US government on Sunday, Y Combinator stated that around 10,000 small businesses with accounts in ......

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Returning LP doubles cheque size for Omnivore's new VC fund

Finance

13 March, 2023

Returning LP doubles cheque size for Omnivore's new VC fund

Agritech-focused venture capital firm Omnivore, an investor in startups such as DeHaat, BharatAgri, BioPrime, ReshaMandi......

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