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McGraw Hill Financial raises stake in CRISIL to 67.8% for $214M

General

19 August, 2013

McGraw Hill Financial raises stake in CRISIL to 67.8% for $214M

McGraw Hill Financial Inc has acquired additional 15.1 per cent stake in Indian credit rating agency CRISIL Ltd for Rs ......

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Lok Capital is diversifying portfolio, to focus on top microlenders for future investment

General

16 August, 2013

Lok Capital is diversifying portfolio, to focus on top microlenders for future investment

Social venture capital firm Lok Capital, which has been funding smaller microfinance institutions (MFIs) since 2007, would review its investment ......

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TA Associates' Naveen Wadhera moves to Hong Kong, to continue to lead India office

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14 August, 2013

TA Associates' Naveen Wadhera moves to Hong Kong, to continue to lead India office

Naveen Wadhera, the India head of Boston-based private equity major TA Associates, has moved to Hong Kong to help the ......

Ratnakar Bank acquires part of RBS' India business

General

12 August, 2013

Ratnakar Bank acquires part of RBS' India business

PE-backed regional private lender Ratnakar Bank Ltd has struck a deal to acquire RBS’ business banking and credit card businesses, ......

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ESAF Microfinance to raise $12.2M in current financial year, existing investor commits more

General

12 August, 2013

ESAF Microfinance to raise $12.2M in current financial year, existing investor commits more

Thrissur-based ESAF Microfinance and Investments Ltd (ESAFIL) is planning to raise up to Rs 75 crore ($12.2 million) as equity ......

WNS' former CFO Alok Misra joins General Atlantic as senior vice-president

General

12 August, 2013

WNS' former CFO Alok Misra joins General Atlantic as senior vice-president

Alok C. Misra, the former chief financial officer of WNS Group, has joined the global private equity major General Atlantic ......

SEBI adds clause for alternative investment funds looking to switch categories

General

12 August, 2013

SEBI adds clause for alternative investment funds looking to switch categories

Market regulator Securities & Exchange Board of India (SEBI) has amended its norms for alternative investment funds (AIFs) looking to ......

Indiabulls Housing Finance buys back Amaprop's 42.5% stake in subsidiary for $42.5M

General

08 August, 2013

Indiabulls Housing Finance buys back Amaprop's 42.5% stake in subsidiary for $42.5M

Indiabulls Housing Finance Ltd has acquired the entire 42.5 per cent holding of Amaprop Ltd in its subsidiary, Indiabulls Finance ......

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Kubera Partners' Tarun Pande joins Lighthouse Funds as CFO

General

08 August, 2013

Kubera Partners' Tarun Pande joins Lighthouse Funds as CFO

Mid-market-focused private equity firm Lighthouse Funds has roped in Kubera Partners’ Tarun Pande as the chief financial officer (CFO), sources ......

Aavishkaar makes final close of second venture fund at $94M

General

08 August, 2013

Aavishkaar makes final close of second venture fund at $94M

Aavishkaar Venture Management, a venture capital firm focused on India’s rural areas and bottom-of-the-pyramid (BoP) space, has made the final ......

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