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

PayU onboards former IndusInd exec to lead risk ops

Finance

14 February, 2023

PayU onboards former IndusInd exec to lead risk ops

Prosus-owned PayU Payments Pvt Ltd on Tuesday appointed Manish Deo as the company’s head of risk operations and anti-......

India M&A momentum to remain strong in 2023, says report

Finance

14 February, 2023

India M&A momentum to remain strong in 2023, says report

Mergers and acquisitions (M&A) in India are expected to increase in 2023, as global companies remain keen on growing ......

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ReshaMandi looking to raise Series B round at $300-400 mn valn

Finance

15 February, 2023

ReshaMandi looking to raise Series B round at $300-400 mn valn

Business-to-business (B2B) natural fibre startup ReshaMandi is in advanced talks with private equity firms such as ......

IT stocks lift markets ahead of key US inflation data

Finance

14 February, 2023

IT stocks lift markets ahead of key US inflation data

Markets advanced on Tuesday, led by gains in IT stocks ahead of US inflation data later in the day, while ......

PhonePe raises additional $100 mn as part of $1 bn round

Finance

14 February, 2023

PhonePe raises additional $100 mn as part of $1 bn round

Walmart-owned digital payments platform PhonePe said it raised an additional $100 million in primary capital from Tiger Global, Ribbit Capital ......

Asia-focused hedge funds see strongest month in Jan since 2016: Goldman Sachs

Finance

14 February, 2023

Asia-focused hedge funds see strongest month in Jan since 2016: Goldman Sachs

After seeing record outflows in 2022, Asia-focused hedge funds posted a 5.3% gain in a January rally to mark their ......

At least two more Fed rate hikes and no cut this year, say economists

Finance

14 February, 2023

At least two more Fed rate hikes and no cut this year, say economists

The US Federal Reserve will raise interest rates at least twice more in coming months, with the risk they go ......

Adani tries to calm investors as regulator confirms probe

Finance

13 February, 2023

Adani tries to calm investors as regulator confirms probe

Adani Group sought to reassure investors on Monday, saying it had strong cashflows and its business plans were fully ......

Goldman, TVS lead $150 million round in InsuranceDekho

Finance

14 February, 2023

Goldman, TVS lead $150 million round in InsuranceDekho

New York-based Goldman Sachs Asset Management and homegrown mid-market private-equity firm TVS Capital Funds led a $150 ......

Markets fall ahead of inflation data; Adani stocks slide

Finance

13 February, 2023

Markets fall ahead of inflation data; Adani stocks slide

Markets declined ahead of domestic retail inflation data due later on Monday, while an ongoing uncertainty and spill ......

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