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Finance

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

Paytm to be operationally profitable in next six quarters, says Sharma

Finance

06 April, 2022

Paytm to be operationally profitable in next six quarters, says Sharma

Vijay Shekhar Sharma, founder and chief executive officer of financial services technology company One97 Communications Ltd that runs Paytm, informed ......

US-based investment platform Vested Finance snags $12 mn led by Ayon Capital

Finance

05 April, 2022

US-based investment platform Vested Finance snags $12 mn led by Ayon Capital

Vested Finance, a platform for investing in US stocks for Indian investors, said it has racked up $12 million (around ......

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IPO-bound Pine Labs eyes controlling stake in payment solutions startup

Finance

05 April, 2022

IPO-bound Pine Labs eyes controlling stake in payment solutions startup

Initial public offering (IPO)-bound merchant commerce platform Pine Labs has emerged as a frontrunner to acquire a majority stake...

Brookfield, Multiples, Adani, Blackstone arm among 55 interested bidders for Reliance Capital

Finance

05 April, 2022

Brookfield, Multiples, Adani, Blackstone arm among 55 interested bidders for Reliance Capital

Brookfield, Ares SSG Capital, Edelweiss, Blackstone’s asset reconstruction arm, Multiples private equity, JC Flowers and...

HDFC Bank, HDFC to merge in mother of all M&A deals

Finance

05 April, 2022

HDFC Bank, HDFC to merge in mother of all M&A deals

HDFC Bank Ltd, India’s most valuable lender, agreed to acquire its parent and the country’s largest mortgage lender...

EnKash raises $20 million from Ascent Capital, Baring India and White Ventures

Finance

04 April, 2022

EnKash raises $20 million from Ascent Capital, Baring India and White Ventures

EnKash, a spends management platform and corporate cards company has raised $20 million as a part of its Series B ......

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Deals Digest: Companies raise $836 mn this week; RummyCircle parent joins unicorn club

Finance

01 April, 2022

Deals Digest: Companies raise $836 mn this week; RummyCircle parent joins unicorn club

Companies raised funding of $836 million from venture capital (VC) and private equity (PE) this week, with RummyCircle parent...

Multiple PE leads $111 mn bet on lender Kogta Financial

Finance

31 March, 2022

Multiple PE leads $111 mn bet on lender Kogta Financial

Non-bank lender Kogta Financial (India) Ltd has raised $111 million (Rs 846 crore) as a part of its Series D ......

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PayU, CMS Info Systems in race to pick majority stake in payment solutions firm

Finance

31 March, 2022

PayU, CMS Info Systems in race to pick majority stake in payment solutions firm

European technology company Prosus-owned PayU, and the country’s leading cash management firm CMS Info Systems, are in race...

British International Investment bets $89 mn to scale India's green energy space

Finance

31 March, 2022

British International Investment bets $89 mn to scale India's green energy space

British International Investment, formerly CDC Group, the UK's development finance institution (DFI), on Thursday said it...

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