Finance
Stay updated with the latest financial news, funding developments, government policies, and insights shaping the finance sector in India.
Finance
IIFL AMC to expand strategy, investor base as it mops up ₹2,600 cr in pre-IPO fund
IIFL Wealth and Asset Management (IIFL AMC), backed by Fairfax Financial Holdings Ltd, is raising ₹2,600 crore (around $340...
Finance
Paytm Payments Bank barred by RBI from onboarding new customers
The Reserve Bank of India (RBI), in its latest order issued today, directed Vijay Shekhar Sharma-led Paytm Payments Bank Ltd ......
Finance
Bessemer Venture Partners launches crypto focused $250 mn fund
US-based venture capital firm Bessemer Venture Partners said it has launched a $250 million fund dedicated to the cryptocurrency...
Finance
CDC Group invests $50 mn in Aavas's women-focused financing program
CDC Group, the UK’s development finance institution, has announced a Rs 360 crore (around $50 million) investment in a women-centered...
Finance
Japan's MUFG Bank to float India-dedicated $300 mn startup fund
MUFG Bank, the banking subsidiary of Japan's financial group Mitsubishi UFJ Financial Group, Inc (MUFG), on Thursday said...
Finance
EbixCash files draft papers for $785 mn IPO
Nasdaq-listed Ebix Inc’s Indian subsidiary EbixCash has filed draft papers for an initial public offering (IPO) of Rs 6,000...
Finance
Women-backed small businesses face $11.4 bn unmet credit demand: IFC report
India’s women-owned very small businesses (WVSEs), which are credit-starved, need an estimated capital worth Rs 83,600 crore...
Finance
Equanimity launches larger second fund, already gets Rs 200 crore commitments
Mumbai-based venture capital firm Equanimity Investments has launched its second fund that has a target corpus of Rs 350 crore...
Finance
Oil seesaws, Asia shares dip as Ukraine talks make little progress
Oil prices gyrated and Asian shares fell on Tuesday as Ukraine peace talks made little headway and the prospect of ......
Finance
InCred Capital to launch ₹1,000 cr private credit fund as KKR merger closes in
InCred Capital, the wealth and asset management arm of InCred Financial Services Ltd (IFSL), is set to raise up to ......