TPG-backed unicorn Five Star to raise ₹ 2,752 cr via IPO
Non-banking financial company, Five Star Business Finance has filed a draft red herring prospectus (DRHP) with the Securities...
Distressed asset specialist Brescon in talks with investors to raise $250 mn fund
Debt restructuring and turnaround specialist firm Brescon & Allied Partners LLP (Brescon) is in early talks with domestic...
'Zero tolerance for proven wrongdoing', Sequoia Capital says
Sequoia Capital, the venture capital investor that has backed BharatPe, Zilingo and Trell—startups that have faced charges...
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 by Norwest...
How IPO financing cap on NBFCs may impact HNIs
Last week's Reserve Bank of India (RBI) decision to cap non-bank finance in initial public offerings (IPO) may impact subscriptions...
Financing platform Klub raises undisclosed amount from debt-financing platform Northern Arc
Revenue-based financing platform Klub has raised an undisclosed amount from market-bound Northern Arc Capital in...
Classplus raises $70 mn from Tiger Global, Alpha Wave, others at $600 mn vln
Edtech startup Classplus, operated by Bunch Microtechnologies Pvt Ltd, on Tuesday said it has secured Series D funding of $70...
Indian shares fall on hawkish Fed, focus turns to RBI
Indian shares fell for a third straight session on Thursday, as global sentiment soured on hawkish U.S. Federal Reserve minutes,...
IIFL Fintech Fund backs fraud detection firm TrustCheckr
Fraud analytics solution provider TrustCheckr on Thursday said it has secured $1 million (around Rs 7 crore) from IIFL Fintech...
Tata group takes control of Air India
India's Tata Group took control of state-run carrier Air India on Thursday, finalising a $2.4 billion deal to regain ownership...
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