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

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Microlender SV Creditline ropes in insurer as first external equity investor

Finance

26 March, 2018

Microlender SV Creditline ropes in insurer as first external equity investor

Gurugram-based microfinance company SV Creditline Pvt. Ltd, which has raised debt capital from several investors, has roped in an insurance ......

Quona Capital raising $150-200 mn emerging market fund

Finance

26 March, 2018

Quona Capital raising $150-200 mn emerging market fund

Venture capital firm Quona Capital, which is investing out of its second fund for emerging markets, including India, has hit ......

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Menterra commits bulk of debut fund; eyes new deals outside education

Finance

26 March, 2018

Menterra commits bulk of debut fund; eyes new deals outside education

Early-stage impact investor Menterra Venture Advisors Pvt. Ltd has committed a bulk of its debut fund and is on the ......

Mid-market PE firm Lighthouse hits first close for latest India fund

Finance

23 March, 2018

Mid-market PE firm Lighthouse hits first close for latest India fund

Lighthouse Funds has marked the first close of its third India-dedicated fund at $150 million (Rs 974 crore), and is ......

Union Bank shares slump to 11-year low on fraud complaint

Finance

23 March, 2018

Union Bank shares slump to 11-year low on fraud complaint

Union Bank of India Ltd (UNBK.NS) shares fell to a more-than 11-year low on Friday after federal police registered a ......

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PE-backed microlender Spandana Sphoorty picks bankers for IPO

Finance

23 March, 2018

PE-backed microlender Spandana Sphoorty picks bankers for IPO

Spandana Sphoorty Financial Ltd, a microlender which counts private equity firm Kedaara Capital among its investors, has selected merchant banks ......

Balrampur Chini Mills buys into NBFC led by Enam's Akash Bhansali

Finance

22 March, 2018

Balrampur Chini Mills buys into NBFC led by Enam's Akash Bhansali

Auxilo Finserve Pvt. Ltd, a non-banking financial company focussed on the education sector, has raised Rs 37.5 crore ($5.7 million) ......

National Stock Exchange valued at $6.5 bn as IFCI pares stake

Finance

22 March, 2018

National Stock Exchange valued at $6.5 bn as IFCI pares stake

Non-banking financial company IFCI Ltd has partially exited the National Stock Exchange in a transaction that values the bourse at ......

Are high valuations deterring global funds from investing in India?

Finance

22 March, 2018

Are high valuations deterring global funds from investing in India?

Strong macro fundamentals notwithstanding, there is a widespread view among investors that valuations in India are inexplicably high. There is ......

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Blackstone enters Indian stressed assets biz, buys stake in ARC

Finance

22 March, 2018

Blackstone enters Indian stressed assets biz, buys stake in ARC

US private equity firm Blackstone Group LP has set its foot in India’s distressed asset space with a majority stake ......

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