Finance
Stay updated with the latest financial news, funding developments, government policies, and insights shaping the finance sector in India.
Finance
Equanimity Investments hits first close for debut venture capital fund
Mumbai-based venture capital firm Equanimity Investments has made the first close of its debut fund at Rs 70 crore ($10.8 ......
Finance
Religare Enterprises to raise $142 mn from Bay Capital, others
Religare Enterprise Ltd said on Monday its board has approved a plan to raise Rs 916.42 crore ($142 million) by ......
Finance
Fin-tech startup Invoice Bazaar buys minority stake in partner ODeX
Dubai-based fin-tech startup Invoice Bazaar Holdings Ltd has bought a minority stake for an undisclosed amount in its Mumbai-based partner ......
Finance
Pen maker Rotomac Global, bank officials accused of $454 mn loan fraud
The Central Bureau of Investigation (CBI) said on Monday it has registered a case against pen maker Rotomac Global and ......
Finance
HDFC Mutual Fund picks bankers for IPO
HDFC Asset Management Co. Ltd, India’s second-largest mutual fund by assets, has selected half a dozen merchant bankers for its ......
Finance
IFC to invest $75 mn in L&T Housing Finance for affordable housing
International Finance Corporation, the investment arm of World Bank, has agreed to invest around $75 million (around Rs 485 crore) ......
Finance
Fairfax to acquire 51% in Catholic Syrian Bank
Canadian billionaire Prem Watsa’s Fairfax India Holdings Corporation is acquiring a 51% stake in Kerala-based Catholic......
Finance
PNB case only a fraction of $10 bn 'loan frauds' at Indian banks in last 5 years
Investors may have been shocked when one of India's biggest banks disclosed a $1.77 billion fraud by billionaire jeweller Nirav ......
Finance
IFC may come as LP in IndoSpace Logistics Parks' third fund
The International Finance Corporation has proposed to invest in the third fund launched by Mumbai-based industrial real estate investor IndoSpace ......
Finance
Gaja Capital's Gopal Jain on deal pipeline, expanding investment mandate and more
Mid-market private equity firm Gaja Capital is currently investing out of its $240-million third fund. In a December 2017 interaction ......