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

'Paytm on right path to profitability'

Finance

14 November, 2022

'Paytm on right path to profitability'

Paytm's chief executive Vijay Shekhar Sharma in a letter to shareholders said that the company is on the right path ......

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Kedaara, others in talks with Warburg for Avanse stake

Finance

14 November, 2022

Kedaara, others in talks with Warburg for Avanse stake

Private equity firms, including Kedaara Capital, are in talks with Warburg Pincus to buy some of its stake in education ......

Lentra raises $60 million in Series B round

Finance

14 November, 2022

Lentra raises $60 million in Series B round

HDFC Bank-backed lending software provider Lentra has raised $60 million in its Series B funding round, led by existing ......

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Zoho slows hiring, warns tech bubble could burst

Finance

12 November, 2022

Zoho slows hiring, warns tech bubble could burst

The global tech industry that benefited from a prolonged boom is now headed for a bust, Zoho co-founder and chief ......

Moody's cuts India's 2022 GDP growth forecast to 7%, sees 2023 growth forecast at 4.8%

Finance

11 November, 2022

Moody's cuts India's 2022 GDP growth forecast to 7%, sees 2023 growth forecast at 4.8%

Rating agency Moody's cut India's growth projections for the current and next calendar year due to higher ......

Cars24's India biz revenue jumps 87% in FY22

Finance

11 November, 2022

Cars24's India biz revenue jumps 87% in FY22

Used cars marketplace Cars24, on Friday reported a jump of over 87% in its FY22 India business revenue year-on-year, at ......

Good Glamm Group's losses grow due to rising acquisition costs

Consumer

11 November, 2022

Good Glamm Group's losses grow due to rising acquisition costs

The parent of The Good Glamm Group, Sanghvi Beauty and Technologies, widened its losses by over six times in the ......

Sensex hits record closing high as Fed rate hike fears ease

Finance

11 November, 2022

Sensex hits record closing high as Fed rate hike fears ease

Shares rose on Friday, with the blue-chip S&P BSE Sensex hitting a record closing high on a rally in IT ......

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Deals Digest: Companies raise $628 mn this week

Finance

11 November, 2022

Deals Digest: Companies raise $628 mn this week

Investments by venture capital (VC) and private equity (PE) firms rose 77% to $628 million this week from last week’s......

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Lighthouse partially exits Bikaji Foods with 10x returns

Consumer

11 November, 2022

Lighthouse partially exits Bikaji Foods with 10x returns

Homegrown private equity fund Lighthouse Funds has partially exited its investment in Bikaji Foods International Ltd ......

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