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

US stressed assets firm Avenue Capital partners SpiceJet over aircraft

Finance

31 March, 2021

US stressed assets firm Avenue Capital partners SpiceJet over aircraft

SpiceJet, India’s second-largest airline by passengers, has announced a tie-up with US investor Avenue Capital for financing,...

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Bhushan Power, NOCL lead March stressed assets resolutions; Upsurge in new cases under IBC

Finance

31 March, 2021

Bhushan Power, NOCL lead March stressed assets resolutions; Upsurge in new cases under IBC

India’s stressed assets market saw the resolution of several pending cases in bankruptcy court in March, including big-ticket ones involving Bhushan Power...

Kotak Special Situations Fund invests in AGS Transact

Finance

30 March, 2021

Kotak Special Situations Fund invests in AGS Transact

Kotak Special Situations Fund has invested Rs 350 crore ($47.6 million) in payment solutions provider AGS Transact Technologies...

Nuveen Global Impact leads funding for Annapurna Finance

Finance

30 March, 2021

Nuveen Global Impact leads funding for Annapurna Finance

Microfinance institution Annapurna Finance, backed by Asian Development Bank (ADB) and Oman India Joint Investment Fund (OIJIF),...

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Did Five Star Business rain cash on Morgan Stanley's five-year bet?

Finance

30 March, 2021

Did Five Star Business rain cash on Morgan Stanley's five-year bet?

Morgan Stanley has walked away from Five Star Business Finance with 5.4x returns after staying invested in the lender to ......

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New playbooks being created in construction-tech by India-first business models: Foundamental GP

Finance

30 March, 2021

New playbooks being created in construction-tech by India-first business models: Foundamental GP

Construction and mining technology focused venture capital firm Foundamental debuted in India in 2019 with a bet on logistics technology ......

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Weekly Deal Wrap: Investors share Dream11's fantasy, Adani lifts port stake

Finance

26 March, 2021

Weekly Deal Wrap: Investors share Dream11's fantasy, Adani lifts port stake

Segments as diverse as gaming and infrastructure dominated dealmaking charts this week as fantasy sports platform Dream11 and...

KKR, Sequoia, others invest in small business lender Five Star

Finance

26 March, 2021

KKR, Sequoia, others invest in small business lender Five Star

Five Star Business Finance Ltd, a lender to small businesses, said it has got $234 million (Rs 1,700 crore) from ......

Singapore's Temasek sees impact investing at tipping point

Finance

26 March, 2021

Singapore's Temasek sees impact investing at tipping point

Singapore's Temasek Holdings believes that impact investing has reached an inflection point, with the coronavirus pandemic...

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Eight Capital's Ravi Chachra on the new distressed fund, bad bank and opportunities ahead

Finance

26 March, 2021

Eight Capital's Ravi Chachra on the new distressed fund, bad bank and opportunities ahead

Distressed assets investor Eight Capital Management, which announced a new $500 million fund in January in a joint venture with ......

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