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Finance

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

Markets log worst day in two months on hawkish US Fed commentary

Finance

15 December, 2022

Markets log worst day in two months on hawkish US Fed commentary

Shares suffered their steepest drop in two months on Thursday, in a broad-based decline after the US Federal Reserve ......

Fintech player NeoGrowth raises $36.2 mn from FMO, others

Finance

15 December, 2022

Fintech player NeoGrowth raises $36.2 mn from FMO, others

MSME-focused digital lender, NeoGrowth has raised Rs 160 crore (around $19.3 million) from Dutch development bank FMO in......

Spacetech startup GalaxEye raises seed funding

Finance

15 December, 2022

Spacetech startup GalaxEye raises seed funding

Spacetech startup GalaxEye Space has raised a $3.5 million in a seed round led by deeptech-focused venture capital firm......

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Decoding Landmark's shareholding pattern and future post IPO

Consumer

15 December, 2022

Decoding Landmark's shareholding pattern and future post IPO

Private equity firm TPG Growth is set to offload a portion of its stake in India’s leading car dealership network, ......

TPG acquires Poonawalla Fincorp's home lending arm

Finance

15 December, 2022

TPG acquires Poonawalla Fincorp's home lending arm

Poonawalla Fincorp Ltd on Wednesday said it has sold its subsidiary, Poonawalla Housing Finance Ltd, to Perseus SG Pte. ......

Open's loss up by 155% in FY22 with new product spending

Finance

15 December, 2022

Open's loss up by 155% in FY22 with new product spending

Open Financial Technologies Pvt. Ltd saw its losses rise by 155% to ₹167.6 crore in the last fiscal year from ......

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TVS Motor financing arm looks to raise $150 million

Finance

15 December, 2022

TVS Motor financing arm looks to raise $150 million

TVS Credit Services Ltd, the vehicle financing arm of TVS Motor Co., is planning to raise about $150 million through ......

HDFC Bank hikes stake in Mintoak to 7.75 %

Finance

14 December, 2022

HDFC Bank hikes stake in Mintoak to 7.75 %

Merchants' payment platform Mintoak Innovations Pvt. Ltd has secured Rs 31 crore ($3.8 million) from HDFC Bank, the ......

Paytm stock down by over 2% after buyback announcement

Finance

14 December, 2022

Paytm stock down by over 2% after buyback announcement

Paytm stock price fell more than 2% in early trading hours to hit an intraday low of Rs 525.05 on ......

Xponentia Capital makes first investment from new fund

Finance

14 December, 2022

Xponentia Capital makes first investment from new fund

Mid-market private equity firm Xponentia Capital has led a ₹146 crore (nearly $18 million) funding round in fintech ......

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