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

SoftBank speeds up sale of assets after historic Vision Fund loss

Finance

09 August, 2022

SoftBank speeds up sale of assets after historic Vision Fund loss

SoftBank Group Corp is accelerating asset sales after its flagship Vision Fund unit booked nearly $50 billion in losses ......

India's fintech industry to touch $1 trillion in AUM, $200 bn revenue by 2030: Chiratae report

Finance

09 August, 2022

India's fintech industry to touch $1 trillion in AUM, $200 bn revenue by 2030: Chiratae report

India's fintech industry is estimated to grow ten-fold by 2030 to achieve an assets under management (AUM) of $1 ......

Uber sees road to profitability in India

Finance

09 August, 2022

Uber sees road to profitability in India

US ride-hailing platform, Uber, says it expects India to become a high-growth yet profitable market soon. Pradeep ......

Accel leads $21 mn Series A round in investment advisory startup dezerv

Finance

08 August, 2022

Accel leads $21 mn Series A round in investment advisory startup dezerv

Dezerv, a financial advisory and investment management platform, has raised $21 million (Rs 167 crore) in a Series A ......

Select lenders mark SpiceJet's loans as 'high-risk'

Finance

08 August, 2022

Select lenders mark SpiceJet's loans as 'high-risk'

Private lenders IDFC First Bank and Yes Bank and state-owned Indian Bank have put their loans to SpiceJet Ltd in ......

InCred's alternate investment arm appoints new CIO

Finance

08 August, 2022

InCred's alternate investment arm appoints new CIO

InCred Alternatives Investments Pvt. Ltd, the alternative assets arm of InCred Group, has announced the appointment of ......

Street hails Paytm's Q1 show, stock jumps to 6-month high

Finance

08 August, 2022

Street hails Paytm's Q1 show, stock jumps to 6-month high

Shares of Indian digital payments firm Paytm jumped more than 6% on Monday to their highest levels in nearly six ......

SoftBank planning pink slips at Vision Fund after record quarterly loss

Finance

08 August, 2022

SoftBank planning pink slips at Vision Fund after record quarterly loss

SoftBank Group Corp on Monday posted a 2.33 trillion yen ($17.23 billion) loss at its Vision Fund unit in the ......

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Deals Digest: Companies rack up $171 mn this week as number of deals drop

Finance

05 August, 2022

Deals Digest: Companies rack up $171 mn this week as number of deals drop

The venture capital (VC) and private equity (PE) funding activity remained subdued with companies raising $171 million, ......

Nykaa reported a rise in net profit on higher other income, margin expands mildly

Consumer

05 August, 2022

Nykaa reported a rise in net profit on higher other income, margin expands mildly

Online fashion retailer Nykaa reported its net profit of Rs 4.5 crore for the quarter-ended June, a rise of 32.4% ......

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