Finance

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

Varanium Capital marks the final close of fintech VC fund at 140 cr

Finance

15 December, 2021

Varanium Capital marks the final close of fintech VC fund at 140 cr

Varanium Capital, a boutique asset management company, has marked the final close of its debut fintech-focused venture capital...

Finance

15 December, 2021

JusPay raises $60 mn from SoftBank Vision Fund 2, others at $460 mn valuation

JusPay Technologies Pvt Ltd, which operates a payments technology platform, has raised $60 million in its Series C funding round...

Finance

15 December, 2021

Hyperface raises funding from Binny Bansal's 021 Capital & others

Bengaluru-based credit card service startup Hyperface has raised an undisclosed amount in a pre-Seed funding round from Binny...

Finance

15 December, 2021

SBI may offload 6% stake in its asset management arm via IPO

State Bank of India, India's largest and biggest public sector lender, on Wednesday said it will explore possibilities to...

Finance

14 December, 2021

Open acquires consumer neo-banking platform Finin for $10 mn

Small-and-medium-enterprise (SME) focused neo-bank, Open has acquired consumer neo-banking platform Finin for $10 million (around...

Finance

14 December, 2021

Klub raises Rs 200 cr for its revenue-based fund Aceler8

Revenue-based financing platform Klub has marked the first close of its revenue-based financing fund--Aceler8 at Rs 200 crore,...

Finance

14 December, 2021

Swiggy, Mensa Brands backer Norwest Venture Partners closes $3 bn fund

Norwest Venture Partners, which has invested in Indian companies such as Swiggy, OfBusiness and Mensa Brands, on Tuesday said...

Finance

14 December, 2021

Mamaearth parent announces ESOPs worth Rs 20 cr

Honasa Consumer Pvt. Ltd. (HCPL), parent of Mamaearth and The Derma Co, announced an employee stock option plan (ESOPs) worth...

Consumer

13 December, 2021

Shriram Group to merge all financial services biz to create India's largest retail finance NBFC

Shriram Group on Monday announced the merger of Shriram Capital Ltd (SCL) with Shriram City Union Finance Ltd and Shriram ......

Finance

13 December, 2021

Paytm says it clocked $22.4 bn in GMV in October, November

One97 Communications Ltd., which operates brand Paytm, has processed close to $22.4 billion (or roughly Rs 1.66 lakh crore) worth...

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