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Finance

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

Avataar, Sofina, others invest $135 mn in Finova's Series E round

Finance

29 October, 2024

Avataar, Sofina, others invest $135 mn in Finova's Series E round

Jaipur-based non-bank lender Finova Capital has raised $135 million (Rs 1,135 crore) in its Series E funding round from ......

Norwest leads Vridhi Home Finance's Series B round

Finance

29 October, 2024

Norwest leads Vridhi Home Finance's Series B round

Bengaluru-based Vridhi Home Finance said Tuesday it has raised Rs 310 crore ($36.9 million) in a Series B round led ......

Warburg, Kedaara-backed Avanse Financial gets SEBI approval for IPO

Finance

28 October, 2024

Warburg, Kedaara-backed Avanse Financial gets SEBI approval for IPO

Avanse Financial Services Ltd, an education loan provider that counts private equity firms Warburg Pincus and Kedaara ......

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Avenue Capital-backed Arcil's Mohapatra on growth drivers, consolidation and more

Finance

28 October, 2024

Avenue Capital-backed Arcil's Mohapatra on growth drivers, consolidation and more

Avenue Capital-backed Asset Reconstruction Company (India) Ltd, or Arcil, has a plan in place to grow its business ......

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Areion Asset Management floats new stressed assets fund

Finance

28 October, 2024

Areion Asset Management floats new stressed assets fund

Areion Asset Management Pvt. Ltd, part of the Mumbai-based Areion Group that offers distressed assets resolution, debt ......

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Creador set to overshoot hard-cap for sixth PE fund as it courts new LP

Finance

24 October, 2024

Creador set to overshoot hard-cap for sixth PE fund as it courts new LP

Creador set to overshoot hard-cap for sixth PE fund as it courts new LP  Creador, the South- and Southeast Asia-......

Cred, Zepto backer General Catalyst raises $8 bn for early-stage bets globally

Finance

24 October, 2024

Cred, Zepto backer General Catalyst raises $8 bn for early-stage bets globally

US-based venture capital firm General Catalyst, which makes early-stage and growth equity investments globally, said on ......

Dubai and Abu Dhabi race to lure world's wealth managers

Finance

24 October, 2024

Dubai and Abu Dhabi race to lure world's wealth managers

Abu Dhabi is emerging from Dubai's shadow as it attracts its own share of asset managers' and billionaires ......

KKR's Q3 profit jumps 58%, aided by fee income and insurance business

Finance

24 October, 2024

KKR's Q3 profit jumps 58%, aided by fee income and insurance business

Alternative fund manager KKR & Co reported a 58% jump in adjusted net income for the third quarter of 2024, ......

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Bottomline: Peak XV-backed Eduvanz's AUM shrinks, asset quality deteriorates

Finance

24 October, 2024

Bottomline: Peak XV-backed Eduvanz's AUM shrinks, asset quality deteriorates

Education-focussed lending startup Eduvanz posted a net loss for the financial year-ended 2024, even as its assets under......

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