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

Innoviti raises $45 mn in Series D, eyes full break-even by FY23 end

Finance

08 July, 2022

Innoviti raises $45 mn in Series D, eyes full break-even by FY23 end

Innoviti Payment Solutions Pvt. Ltd, which operates an eponymous fintech company, on Thursday announced closure of its Series...

Indices end near 4-week peak, Titan at 1-month high after Q1FY23 earnings

Finance

07 July, 2022

Indices end near 4-week peak, Titan at 1-month high after Q1FY23 earnings

Markets touched a near four-week high on Thursday as metal and financial companies gained, with fears of imported inflation easing...

Crude shrugs woes around tight supply, holds above $100/bbl

Finance

07 July, 2022

Crude shrugs woes around tight supply, holds above $100/bbl

Oil prices regained some footing on Thursday after steep losses in the previous two sessions, as investors returned their focus...

Equitas Holdings divests entire stake in logistics tech arm

Finance

06 July, 2022

Equitas Holdings divests entire stake in logistics tech arm

Ahead of its much-awaited merger with Equitas Small Finance Bank, Chennai-based Equitas Holdings has divested its entire shareholding...

Venture Capital firm GVFL sees first close of 9th fund at Rs 185 cr

Finance

06 July, 2022

Venture Capital firm GVFL sees first close of 9th fund at Rs 185 cr

Ahmedabad-based GVFL Ltd (formerly known as Gujarat Venture Finance Ltd), on Wednesday said it has marked the first close of ......

Former Infosys co-founders floated Axilor Ventures plans to raise $100 mn

Finance

06 July, 2022

Former Infosys co-founders floated Axilor Ventures plans to raise $100 mn

Axilor Ventures, launched and backed by Indian tech pioneers including Infosys co-founders Kris Gopalakrishnan and SD Shibulal,...

IIFL, Varanium back NBFC startup Finvu in seed round

Finance

06 July, 2022

IIFL, Varanium back NBFC startup Finvu in seed round

Cookiejar Technologies Pvt. Ltd, which runs non-banking financial company (NBFC) Finvu, on Wednesday said it has raised $2.5 million...

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IPO fundraising to remain lacklustre during H2CY22, experts say

Finance

06 July, 2022

IPO fundraising to remain lacklustre during H2CY22, experts say

The second half of 2022 will be another subdued period for equity capital markets, especially for initial public offerings (IPOs)...

Indices rise as crude tumbles, financials move higher

Finance

06 July, 2022

Indices rise as crude tumbles, financials move higher

Markets rose on Wednesday, as gains in top non-banking financial company Bajaj Finance after a strong quarterly performance boosted...

Clear buys compliance management software CimplyFive

Finance

06 July, 2022

Clear buys compliance management software CimplyFive

Online taxation software provider Clear (erstwhile ClearTax) has acquired cloud-based financial solutions company, CimplyFive...

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