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

Temasek-backed Vertex expects at least $400 mn in new SE Asia/India fund

Finance

28 September, 2021

Temasek-backed Vertex expects at least $400 mn in new SE Asia/India fund

Venture capital firm Vertex Ventures, which is backed by Singapore state investor Temasek, expects to raise at least $400 million...

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Everstone new fund bumps up PE firm's largest-ever corpus target, hits first close

Finance

28 September, 2021

Everstone new fund bumps up PE firm's largest-ever corpus target, hits first close

Everstone Capital has bumped up the fundraise target for its fourth fund, which already had the largest corpus target ever ......

Ummeed Housing raises $37 mn Series E funding from Norwest, Morgan Stanley PE Asia

Finance

28 September, 2021

Ummeed Housing raises $37 mn Series E funding from Norwest, Morgan Stanley PE Asia

Gurugram-based Ummeed Housing Finance said it has raised Rs 270 crore ($37 million) in its Series E funding round led ......

The Xander Group invests $10.5 mn in Mumbai-based wealth management firm Sanctum

Finance

27 September, 2021

The Xander Group invests $10.5 mn in Mumbai-based wealth management firm Sanctum

Global investment firm The Xander Group said it has invested Rs 78 crore (around $10.5 million) in Mumbai-headquartered wealth...

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Homegrown PE firm ChrysCapital eyes $1 bn corpus for new fund

Finance

27 September, 2021

Homegrown PE firm ChrysCapital eyes $1 bn corpus for new fund

ChrysCapital, a leading homegrown private equity firm in India, is set to raise about $1 billion for its ninth fund, ......

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Weekly Deals Wrap: Big hauls bulk up total transaction value

Finance

24 September, 2021

Weekly Deals Wrap: Big hauls bulk up total transaction value

Overall deal value grew by a fifth during the week to $1.96 billion as data connectivity startup Fivetran and consumer ......

Private equity firm TPG names long-time exec Todd Sisitsky as president

Finance

24 September, 2021

Private equity firm TPG names long-time exec Todd Sisitsky as president

Private equity firm TPG, which is reportedly heading towards a public listing, said on Thursday it had appointed long-time company...

Law firms bid to work on LIC IPO as government sweetens terms

Finance

24 September, 2021

Law firms bid to work on LIC IPO as government sweetens terms

Four law firms, including two of India's biggest, have bid to advise the state-run Life Insurance Corporation (LIC) on its...

JM Financial managing director steps down as two insiders elevated to joint MDs

Finance

23 September, 2021

JM Financial managing director steps down as two insiders elevated to joint MDs

Homegrown financial services firm JM Financial will see managing director Vishal Kampani step down to take the non-executive role...

Udaan shareholders okay $270 mn fundraise via non-convertible debentures

Finance

23 September, 2021

Udaan shareholders okay $270 mn fundraise via non-convertible debentures

Bengaluru-based B2B marketplace Udaan has received shareholders' approval to raise up to Rs 2,000 crore (about $270 million)...

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