Finance

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

Finance

31 March, 2022

Bain Capital to acquire 25% stake in IIFL Wealth; General Atlantic, Fairfax part exit

Bain Capital, global private equity firm, today announced that it has agreed to acquire 24.98% equity stake in IIFL Wealth ......

• Beena Parmar

Finance

30 March, 2022

Axis Bank to acquire Citi's consumer business in India for $1.6 bn

Private sector lender Axis Bank is likely to announce on Wednesday a deal to acquire Citibank’s consumer business in India,...

• Beena Parmar

Finance

29 March, 2022

Investec Capital marks third close of maiden fund to raise $110 mn

Investec Capital Services (India) Private Limited, the investment manager of Emerging India Credit Opportunities Fund I (EICOF-I),...

• Anuj Suvarna

Finance

29 March, 2022

IPO-bound Northern Arc appoints Niva Bupa's Ashish Mehrotra as new CEO

Private equity-backed debt financier Northern Arc Capital Ltd has announced the appointment of Ashish Mehrotra as the Managing...

• Beena Parmar

Finance

29 March, 2022

Insitor marks first close of IIAF II; raises $42 mn

Insitor Partners on Tuesday said it has marked the first close of its Insitor Impact Asia Fund II (IIAF II) ......

• Anuj Suvarna

Finance

28 March, 2022

DMI Finance buys controlling stake in payment firm Appnit

New Delhi-based non-bank lender DMI Finance has acquired a controlling stake in payment system operator Appnit Technologies Private...

• Shubhobrota Dev Roy

Finance

28 March, 2022

Tata Capital Healthcare Fund's second vehicle marks final close

Tata Capital Healthcare Fund, the healthcare focused arm of private equity firm Tata Capital Ltd, on Monday said it has ......

• Joseph Rai

Finance

28 March, 2022

Vivriti Capital raises $55 mn from existing investors

Non-bank lender Vivriti Capital Pvt. Ltd has announced $55 million (around Rs 400 crore) capital raising from its existing investors...

• Shubhobrota Dev Roy

Premium

Finance

25 March, 2022

Deals Digest: Companies raise $454 mn this week; CommerceIQ, Oxyzo turn unicorns

Companies raised $454 million in venture capital (VC) and private equity (PE) funding this week, and CommerceIQ and Oxyzo Financial...

• Joseph RaiAnuj Suvarna

Finance

25 March, 2022

Ola to buy fintech firm Avail Finance to strengthen financial services biz

SoftBank-backed ANI Technologies Pvt Ltd, which operates cab ride-hailing aggregator platform Ola Cabs, has agreed to buy neobanking...

• Nikhil Patwardhan