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

Financials, banks lead Sensex, Nifty to end at 2-week high

Finance

25 June, 2024

Financials, banks lead Sensex, Nifty to end at 2-week high

Indian benchmarks settled at record closing highs on Tuesday, posting their best day in more than two weeks, lifted by ......

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Shorooq Partners' Albabtain on deploying new fund, growing interest in Saudi Arabia and more

Finance

25 June, 2024

Shorooq Partners' Albabtain on deploying new fund, growing interest in Saudi Arabia and more

UAE-based venture capital firm Shorooq Partners has recently closed its Bedaya Fund II with an oversubscription, at $160......

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I-bank, stock broking companies team up to float VC firm

Finance

24 June, 2024

I-bank, stock broking companies team up to float VC firm

A publicly listed merchant banker has teamed up with a Kolkata-headquartered stock broking firm to float a new venture ......

Sensex, Nifty end mildly higher aided by auto, consumer shares

Finance

24 June, 2024

Sensex, Nifty end mildly higher aided by auto, consumer shares

Indian shares ended with meagre gains on Monday helped by auto and consumer stocks, while some small- and mid-cap stocks......

True North plans exit move as Niva Bupa prepares for $360-mn IPO

Finance

24 June, 2024

True North plans exit move as Niva Bupa prepares for $360-mn IPO

Indian health insurer Niva Bupa is planning to raise $360 million in an IPO, potentially valuing the business at up ......

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Picus Capital's India head on latest fund, sector preferences and more

Finance

24 June, 2024

Picus Capital's India head on latest fund, sector preferences and more

Early-stage venture capital firm, Picus Capital, which announced the first close of its Picus Venture Fund II with a ......

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PE, VC funds sharpen focus on two new areas as sectoral exposure shifts

Finance

24 June, 2024

PE, VC funds sharpen focus on two new areas as sectoral exposure shifts

India-registered private equity and venture capital funds as well as other alternative investment vehicles reduced their......

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How Warburg, Kedaara, IFC's bet played out as Avanse seeks over $1.2-bn valuation

Finance

21 June, 2024

How Warburg, Kedaara, IFC's bet played out as Avanse seeks over $1.2-bn valuation

Avanse Financial Services, which counts marquee private equity firm Warburg Pincus as its controlling shareholder with ......

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LPs slow down fresh commitment, but Indian PE-VC dry powder crosses $80 bn

Finance

21 June, 2024

LPs slow down fresh commitment, but Indian PE-VC dry powder crosses $80 bn

Limited partners (LPs), who re-opened their purses last fall for record fresh commitments to India-focussed private ......

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Africa-focused ALCB Fund onboards European DFI

Finance

21 June, 2024

Africa-focused ALCB Fund onboards European DFI

ALCB Fund, an Africa-focused debt investment vehicle, is set to secure commitment from a European institutional investor......

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