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

Blackstone buys International Gemological Institute for $530 mn

Finance

21 May, 2023

Blackstone buys International Gemological Institute for $530 mn

Private equity giant Blackstone Inc. said it has fully acquired the jewellery certification firm International ......

Zomato's Q4 loss narrows, revenue grows as food delivery scenario improves

Finance

19 May, 2023

Zomato's Q4 loss narrows, revenue grows as food delivery scenario improves

Food delivery platform Zomato narrowed its net loss for the quarter ended 31 March 2023 to Rs 188.2 crore against ......

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Why SEBI wants to tighten borrowing norms for PE-VC funds

Finance

19 May, 2023

Why SEBI wants to tighten borrowing norms for PE-VC funds

The Securities and Exchange Board of India has proposed new amendments for alternative investment funds on borrowings ......

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Omnivore taps another institutional LP for latest fund

Finance

19 May, 2023

Omnivore taps another institutional LP for latest fund

Jinesh Shah and Mark Kahn-led venture capital firm, Omnivore Capital, which has invested in early-stage agritech ......

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After slashing size of Africa PE fund, Helios adds another asset class

Finance

19 May, 2023

After slashing size of Africa PE fund, Helios adds another asset class

Helios Investment Partners, one of the largest private equity firms in Africa that was eyeing a record corpus for its ......

  Siply-backed Ayekart Fintech picks up minority stake in Nature's Fresh Express

Finance

18 May, 2023

Siply-backed Ayekart Fintech picks up minority stake in Nature's Fresh Express

Integrated supply chain and finance platform Ayekart Fintech, which counts Caspian debt and Siply as among its investors......

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SRI Fund-backed VC firm targets $85 mn in maiden outing

Finance

18 May, 2023

SRI Fund-backed VC firm targets $85 mn in maiden outing

A Hyderabad-based venture capital firm that counts the government’s Self-Reliant India (SRI) Fund as its backer aims ......

SBI Funds gets RBI nod to buy 9.99% of HDFC Bank in multi-billion-dollar deal

Finance

18 May, 2023

SBI Funds gets RBI nod to buy 9.99% of HDFC Bank in multi-billion-dollar deal

The Reserve Bank of India (RBI) has given SBI Funds Management (SBIFML) -a joint venture between State Bank of India ......

Emerging market debt hits $100 trillion; India among nations with biggest increases

Finance

18 May, 2023

Emerging market debt hits $100 trillion; India among nations with biggest increases

A measure of debt across the globe rose in the first quarter to almost $305 trillion, and the rising cost ......

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How Dubai Future District Fund's LP portfolio is different from direct bets

Finance

17 May, 2023

How Dubai Future District Fund's LP portfolio is different from direct bets

The Dubai Future District Fund (DFDF), an evergreen venture investment and fund of funds that was created a year and ......

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