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Finance

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

PAG-controlled Edelweiss Wealth gets new managing director and CEO

Finance

08 September, 2021

PAG-controlled Edelweiss Wealth gets new managing director and CEO

Diversified financial services firm Edelweiss Group has announced promotion of Ashish Kehair as the new managing director (MD)...

CDPQ becomes 20% equity owner in Edelweiss ARC

Finance

07 September, 2021

CDPQ becomes 20% equity owner in Edelweiss ARC

CDPQ Private Equity Asia has picked up a 20% equity stake in Edelweiss Asset Reconstruction Company Ltd (EARC), Edelweiss said...

Piramal-backed IndiaRF to invest $83 mn in automotive Setco Group

Finance

07 September, 2021

Piramal-backed IndiaRF to invest $83 mn in automotive Setco Group

India Resurgence Fund (IndiaRF), promoted by Piramal Enterprises Limited and Bain Capital Credit, along with its affiliates announced...

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Northern Arc Capital sharpens focus on early-stage startups

Finance

07 September, 2021

Northern Arc Capital sharpens focus on early-stage startups

Digital debt financing platform Northern Arc Capital has begun sharpening its focus on financing early-stage startups, mid-market...

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Bay Capital founder on riding the tech wave, plans for India AIF

Finance

06 September, 2021

Bay Capital founder on riding the tech wave, plans for India AIF

Public markets investor Bay Capital has invested over $1.2 billion across 70-80 investments in India since 2006. The investment firm ......

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Weekly Deals Wrap: Record M&A deals in fintech, insurance led by Prosus, HDFC Life steal show

Finance

03 September, 2021

Weekly Deals Wrap: Record M&A deals in fintech, insurance led by Prosus, HDFC Life steal show

Unlike in the past weeks, there were no big bang late-stage startup deals nor the emergence of any new unicorns. ......

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Stressed assets wrap: Resolutions nosedive; withdrawals and admitted cases soar in Aug

Finance

03 September, 2021

Stressed assets wrap: Resolutions nosedive; withdrawals and admitted cases soar in Aug

Three large deals stole the news, with one Jayaswal Neco Industries witnessing closure while two big resolution plans –...

HDFC Life to acquire 100% stake in Exide Life for $915 mn

Finance

03 September, 2021

HDFC Life to acquire 100% stake in Exide Life for $915 mn

Homegrown insurer HDFC Life Insurance Company Ltd. will fully acquire stake in Exide Life Insurance, the insurance unit of battery...

Sequoia Capital has highest number of potential unicorns in portfolio: Hurun List

Finance

02 September, 2021

Sequoia Capital has highest number of potential unicorns in portfolio: Hurun List

Sequoia Capital India, the most active investor in the country, currently owns the highest number of companies in its portfolio...

Trifecta Capital hits roads to raise third venture debt fund

Finance

02 September, 2021

Trifecta Capital hits roads to raise third venture debt fund

Trifecta Capital said it has launched its third venture debt fund that has a target corpus of Rs 1,000 crore ......

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