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Sector scan: Why microfinance firms are bracing for growth slowdown

Finance

03 October, 2024

Sector scan: Why microfinance firms are bracing for growth slowdown

In March, India’s microfinance sector recorded its biggest private equity transaction. That month, US-based Advent ......

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Bottomline: NIIF-controlled Ayana loses momentum as revenue growth slows, profit slumps

Infrastructure

20 September, 2024

Bottomline: NIIF-controlled Ayana loses momentum as revenue growth slows, profit slumps

The financial year 2023-24 was not a particularly fruitful one for green energy company Ayana Renewable Power Pvt Ltd as......

Aye Finance pockets Series G cheque from Temasek-backed impact investor

Finance

20 September, 2024

Aye Finance pockets Series G cheque from Temasek-backed impact investor

Aye Finance, a non-bank lender to micro, small and medium-sized enterprises (MSMEs), has raised Rs 250 crore (about $30 ......

Tiger Global-backed Bizongo beefs up top deck with former AmEx, Amazon Pay execs

People

16 September, 2024

Tiger Global-backed Bizongo beefs up top deck with former AmEx, Amazon Pay execs

SmartPaddle Technology Pvt Ltd, which owns a business-to-business platform Bizongo, has announced many top-level ......

SoftBank-backed Delhivery locks horns with Warburg-backed Ecom Express over IPO filing

Infrastructure

13 September, 2024

SoftBank-backed Delhivery locks horns with Warburg-backed Ecom Express over IPO filing

SoftBank-backed logistics company Delhivery on Friday accused Warburg Pincus-backed rival Ecom Express of providing ......

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Bottomline: VC-backed Fasal doubles revenue in FY24, keeps loss in check

TMT

12 September, 2024

Bottomline: VC-backed Fasal doubles revenue in FY24, keeps loss in check

Agritech startup Fasal, which is backed by the likes of Omnivore Venture Partners, 3one4 Capital, TDK Ventures, and ......

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Tiger Global-backed Captain Fresh on the prowl for more acquisition opportunities

TMT

29 August, 2024

Tiger Global-backed Captain Fresh on the prowl for more acquisition opportunities

Seafood provider Captain Fresh is eyeing more inorganic growth opportunities, in line with its plans to expand its ......

Ankur Capital ropes in two existing LPs for third fund

Finance

20 August, 2024

Ankur Capital ropes in two existing LPs for third fund

Early-stage venture capital firm Ankur Capital, an investor in more than 30 companies including Captain Fresh, String ......

KKR-backed IndiGrid teams up with Norfund, UK's BII for transmission projects

Infrastructure

16 August, 2024

KKR-backed IndiGrid teams up with Norfund, UK's BII for transmission projects

India Grid Trust (IndiGrid), the infrastructure investment trust (InvIT) backed by private equity firm KKR, has snagged ......

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Elevation-backed Aye Finance aims to more than double AUM, triple profit by FY27

Finance

13 August, 2024

Elevation-backed Aye Finance aims to more than double AUM, triple profit by FY27

Aye Finance, a non-banking finance company which lends to micro, small and medium sector enterprises (MSME) in India, ......

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