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

Morgan Stanley's private equity unit raises $366 mn for fifth Asia fund

Finance

24 September, 2019

Morgan Stanley's private equity unit raises $366 mn for fifth Asia fund

Morgan Stanley Private Equity Asia has raised $366.4 million for its fifth Asia fund, a regulatory filing shows. The fund,...

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Norwest Venture signs single-biggest Indian startup cheque for fintech firm

Finance

24 September, 2019

Norwest Venture signs single-biggest Indian startup cheque for fintech firm

Multi-stage investment firm Norwest Venture Partners has written its single-biggest cheque to an Indian startup, backing an Indian...

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Contrarian Drishti founder to float early-stage fund for technology bets

Finance

24 September, 2019

Contrarian Drishti founder to float early-stage fund for technology bets

Somak Ghosh, founder of early-stage investor Contrarian Drishti Partners, has teamed up with two investment professionals to raise...

Allianz, Nippon in race to buy Aviva's Asia units for up to $2.5 bn

Finance

24 September, 2019

Allianz, Nippon in race to buy Aviva's Asia units for up to $2.5 bn

German insurer Allianz (ALVG.DE), Nippon Life and MS&AD Insurance (8725.T) are vying with rivals to buy the Singapore and...

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How much money is WestBridge minting by exiting snacks maker?

Finance

24 September, 2019

How much money is WestBridge minting by exiting snacks maker?

Homegrown private equity firm WestBridge Capital is poised to clock neat returns by exiting its five-and-a-half year investment...

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Former BanyanTree PE exec's SME fund makes third bet

Finance

23 September, 2019

Former BanyanTree PE exec's SME fund makes third bet

India SME Investments LLP, a private equity fund launched by a former BanyanTree executive, has struck its third deal by ......

HarbourVest backs B2B fund floated by former Norwest, Freshworks execs

Finance

23 September, 2019

HarbourVest backs B2B fund floated by former Norwest, Freshworks execs

Global private equity investment firm HarbourVest Partners LLC has come in as the single Limited Partner (LP), or investor, in...

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ARC Scan: Is India's No.2 buyer of soured debt hitting the sweet spot?

Finance

23 September, 2019

ARC Scan: Is India's No.2 buyer of soured debt hitting the sweet spot?

Anil Bhatia doesn’t like to take his office home with him. That’s certainly a good way to manage work stress. ......

PE-backed Altico Capital evaluating options after default

Finance

23 September, 2019

PE-backed Altico Capital evaluating options after default

India’s Altico Capital said on Sunday it was evaluating options to resolve its liquidity issues, following its recent default...

Govt says no plans to revise fiscal deficit target or cut spending now

Economy

23 September, 2019

Govt says no plans to revise fiscal deficit target or cut spending now

India will not revise its fiscal deficit target immediately and is not planning any spending cuts at this stage, the ......

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