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Finance

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

PayU's revenue jumps 51% in FY22, profit touches Rs 126 cr

Finance

28 October, 2022

PayU's revenue jumps 51% in FY22, profit touches Rs 126 cr

Prosus-owned PayU Payments Pvt Ltd on Friday reported a 51% rise in its revenue at Rs 2,130.3 crore for the financial ......

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Deals Digest: Funding value drops to $332 mn this week

Finance

28 October, 2022

Deals Digest: Funding value drops to $332 mn this week

Investments by venture capital (VC) and private equity (PE) firms dropped to $332 million this week from last week’s $......

Flipkart's loss widens 51% to Rs 4,362 cr in FY22

Finance

28 October, 2022

Flipkart's loss widens 51% to Rs 4,362 cr in FY22

Flipkart Internet Pvt Ltd, which operates the e-commerce marketplace, reported its revenue at Rs 10,659 crore for the ......

British International Investment leads Rs 200 cr round in Kinara Capital

Finance

28 October, 2022

British International Investment leads Rs 200 cr round in Kinara Capital

Small business lender Kinara Capital on Friday said it has secured Rs 200 crore (around $25 million) in a financing ......

Byju's secures Rs 300 cr loan from Aakash

Finance

27 October, 2022

Byju's secures Rs 300 cr loan from Aakash

Think and Learn Pvt. Ltd, which runs edtech unicorn Byju’s, has raised Rs 300 crore via a collateral-free loan from ......

Northern Arc secures $50 mn from Dutch FMO

Finance

27 October, 2022

Northern Arc secures $50 mn from Dutch FMO

Private equity-backed debt financier Northern Arc Capital Ltd, on Thursday said that it has raised $50 million (around ......

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Avendus Future Leaders Fund to start raising new fund next year

Finance

26 October, 2022

Avendus Future Leaders Fund to start raising new fund next year

Avendus Future Leaders Fund, which has backed unicorns such as Lenskart, Xpressbees, Zeta and Licious, is looking to ......

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Davidson Kempner expands India operations

Finance

25 October, 2022

Davidson Kempner expands India operations

American alternative investment firm Davidson Kempner Capital Management LP has roped in Ambrish Singh , former Nomura ......

GFC, LetsVenture, Ivy Growth Associates back EV firm EMotorad

Finance

25 October, 2022

GFC, LetsVenture, Ivy Growth Associates back EV firm EMotorad

Inkodop Technologies Pvt Ltd, which operates electric vehicle startup EMotorad, on Tuesday said it has secured pre-......

Mubadala, KKR to co-invest $1 bn in private credit in Asia

Finance

25 October, 2022

Mubadala, KKR to co-invest $1 bn in private credit in Asia

Global Investment firm KKR and Abu Dhabi’s sovereign fund Mubadala Investment Company on Monday said they have agreed ......

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