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

HSBC to acquire SVB's UK unit for GBP 1

Finance

13 March, 2023

HSBC to acquire SVB's UK unit for GBP 1

HSBC bought the UK arm of Silicon Valley Bank for a symbolic one pound on Monday, rescuing a key lender ......

SVB crisis to hit over 10,000 startups, 1 lakh jobs: Y Combinator

Finance

13 March, 2023

SVB crisis to hit over 10,000 startups, 1 lakh jobs: Y Combinator

In a petition to the US government on Sunday, Y Combinator stated that around 10,000 small businesses with accounts in ......

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Returning LP doubles cheque size for Omnivore's new VC fund

Finance

13 March, 2023

Returning LP doubles cheque size for Omnivore's new VC fund

Agritech-focused venture capital firm Omnivore, an investor in startups such as DeHaat, BharatAgri, BioPrime, ReshaMandi......

Explained: What led to Silicon Valley Bank's meltdown

Finance

13 March, 2023

Explained: What led to Silicon Valley Bank's meltdown

SVB Financial Group Inc's shutdown and takeover by banking regulators on Friday can be traced to the U.S. Federal ......

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Indian firm once among top PE investors fails to find buyer after four-year search

Finance

10 March, 2023

Indian firm once among top PE investors fails to find buyer after four-year search

A domestic private equity firm that was once among the largest in India has failed to find a buyer and ......

Sensex, Nifty fall tracking woes in global equity

Finance

10 March, 2023

Sensex, Nifty fall tracking woes in global equity

Shares sank about 1% on Friday, as banking and financials stocks mirrored the slump in lenders globally, while IT stocks......

SVB Group attempts to calm investors' nerves after stock rout

Finance

10 March, 2023

SVB Group attempts to calm investors' nerves after stock rout

SVB Financial Group scrambled on Thursday to reassure its venture capital clients their money was safe after a capital ......

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A glance at investment thesis of new micro-VC floated by former Venture Catalysts CEO

Finance

10 March, 2023

A glance at investment thesis of new micro-VC floated by former Venture Catalysts CEO

A former chief executive of startup incubator and early-stage venture capital firm Venture Catalysts has joined hands ......

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Bessemer Venture Partners beats benchmark as it hits exit button on India firm

Finance

09 March, 2023

Bessemer Venture Partners beats benchmark as it hits exit button on India firm

Silicon Valley venture capital firm Bessemer Venture Partners, which joined the ranks of global peers Sequoia Capital, ......

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Apax Partners completes nearly $400 mn India exit with poor returns

Finance

09 March, 2023

Apax Partners completes nearly $400 mn India exit with poor returns

Private equity major Apax Partners, which has been focusing on harvesting its Indian portfolio in the recent past, has ......

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