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Bottomline: PE-owned HDFC Credila's FY24 profit jumps as loan growth sustains

Finance

13 September, 2024

Bottomline: PE-owned HDFC Credila's FY24 profit jumps as loan growth sustains

HDFC Credila Financial Services, which recently came under private equity ownership, has sustained the pace of its ......

PGIM opens Abu Dhabi office, joining money managers' rush to UAE capital

Finance

13 September, 2024

PGIM opens Abu Dhabi office, joining money managers' rush to UAE capital

PGIM, the investment management arm of U.S. insurer Prudential Financial, has opened an office in Abu Dhabi, it said on ......

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Ares Asia scripting over $250 mn India exit with bumper returns

Finance

12 September, 2024

Ares Asia scripting over $250 mn India exit with bumper returns

Private equity-style alternative investment firm Ares Asia, formerly known as Ares SSG, is on the way to scoring multi-......

PE-backed Vastu Housing Finance secures $50 mn from US development financier

Finance

12 September, 2024

PE-backed Vastu Housing Finance secures $50 mn from US development financier

Vastu Housing Finance has received a loan of up to $50 million from United States International Development Finance ......

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Omnivore onboards offshore LP for third venture capital fund

Finance

12 September, 2024

Omnivore onboards offshore LP for third venture capital fund

Omnivore, an agritech-focused venture capital firm, has roped in an offshore limited partner for its third investment ......

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Accion, Leapfrog minting money from India bet but IFC sitting on a loss

Finance

12 September, 2024

Accion, Leapfrog minting money from India bet but IFC sitting on a loss

Global impact investors Accion and Leapfrog Investments are making multi-bagger returns on their investment in an Indian......

Bajaj Housing Finance IPO draws bids worth $39 bn

Finance

12 September, 2024

Bajaj Housing Finance IPO draws bids worth $39 bn

India's Bajaj Housing Finance attracted bids worth about $38.60 billion, or nearly 64 times the shares on offer, ......

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Alkemi hits first close of second VC fund, taps another institutional LP

Finance

11 September, 2024

Alkemi hits first close of second VC fund, taps another institutional LP

Alkemi Growth Capital, a healthcare-focused venture capital fund that is on the road to raise capital for its second ......

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SPE Capital allies with three others to acquire Egyptian PSU microfinance firm

Finance

11 September, 2024

SPE Capital allies with three others to acquire Egyptian PSU microfinance firm

SPE Capital, an Africa and Middle East-focused private equity firm that backs mid-sized companies, is set to fully ......

Flexiloans snags $35 mn in Series C round from three new backers

Finance

11 September, 2024

Flexiloans snags $35 mn in Series C round from three new backers

Lending startup Flexiloans has raised Rs 290 crore ($34.5 million) in a Series C round from global impact investors ......

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