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

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Spotlight: What went wrong with Warburg-backed Fusion Finance as stock slumps

Finance

30 September, 2024

Spotlight: What went wrong with Warburg-backed Fusion Finance as stock slumps

In December 2018, private equity firm Warburg Pincus made its debut investment in India’s microlending sector when it ......

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Bottomline: Incofin-backed Save Group back in black in FY24, but profit still a third of FY21

Finance

27 September, 2024

Bottomline: Incofin-backed Save Group back in black in FY24, but profit still a third of FY21

Save Solutions Pvt. Ltd (Save Group), which offers credit in rural areas of India, returned to the black on a ......

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IIFL Home's CEO Ratra on growth drivers, high cost of funds, IPO plans and more

Finance

27 September, 2024

IIFL Home's CEO Ratra on growth drivers, high cost of funds, IPO plans and more

IIFL Finance’s home loan subsidiary IIFL Home Finance has seen an uptick of 50% year-on-year in terms of assets under ......

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Bottomline: InCred Finance's profit zooms as loan book jumps above $1 bn

Finance

26 September, 2024

Bottomline: InCred Finance's profit zooms as loan book jumps above $1 bn

Non-bank lender InCred Financial Services Ltd more than doubled its profit and grew its assets under management at a ......

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Dubai's Ajeej Capital, Nuwa roll out tech-focussed debt fund

Finance

25 September, 2024

Dubai's Ajeej Capital, Nuwa roll out tech-focussed debt fund

Ajeej Capital, a Dubai-based asset manager with an AUM of over $1 billion has floated a $100-million growth debt fund ......

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Palestine's Ibtikar Fund closes second vehicle, stops short of hard cap

Finance

25 September, 2024

Palestine's Ibtikar Fund closes second vehicle, stops short of hard cap

Ibtikar Fund, the war-stricken Palestine’s only venture capital firm that invests in early-stage Palestinian-founded ......

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Bottomline: Finova Capital's asset quality worsens even as profit rises

Finance

24 September, 2024

Bottomline: Finova Capital's asset quality worsens even as profit rises

Non-bank lender Finova Capital continued to be troubled by asset quality risks in FY24 even as the company sustained an......

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Tribe Capital joins hands with Oister Global for secondaries fund

Finance

23 September, 2024

Tribe Capital joins hands with Oister Global for secondaries fund

San Francisco-based Tribe Capital, which floated a dedicated Indian vehicle earlier this year, is partnering with ......

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JSA's Siddharth Mody on dealmaking slowdown, price correction and more

Finance

23 September, 2024

JSA's Siddharth Mody on dealmaking slowdown, price correction and more

J. Sagar Associates, set up by chairman emeritus and founded Jyoti Sagar in 1991, is one of India’s top full-service ......

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Equirus Capital buys into insurance broking firm

Finance

20 September, 2024

Equirus Capital buys into insurance broking firm

Financial services firm Equirus Capital has received regulatory approval to acquire a stake in an insurance broking firm......

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