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Faering-backed WheelsEMI raises fresh funding in flat Series C round

Finance

13 August, 2020

Faering-backed WheelsEMI raises fresh funding in flat Series C round

WheelsEMI Pvt. Ltd, a non-banking finance company which offers loans for two-wheelers, has raised fresh capital in a flat Series ......

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How social-impact investments shaped up in India last year

Finance

13 July, 2020

How social-impact investments shaped up in India last year

The number of social-impact investments in India dropped in 2019 and the deal value grew at a slower pace last ......

Chiratae, Elevar, Accion to invest more money in CreditMantri

TMT

20 May, 2020

Chiratae, Elevar, Accion to invest more money in CreditMantri

CreditMantri Finserve Pvt. Ltd, an online credit management startup, is set to raise a little over Rs 6 crore ($803,146 ......

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ChrysCapital-backed Varthana raises debt funding from US development bank

Finance

05 May, 2020

ChrysCapital-backed Varthana raises debt funding from US development bank

The US International Development Finance Corporation (DFC) has disbursed a loan of $15 million (about Rs 113.25 crore) to Bengaluru-based ......

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CX Partners, NewQuest trim stake in financial services firm

Finance

17 April, 2020

CX Partners, NewQuest trim stake in financial services firm

Four private equity investors including CX Partners and NewQuest Capital Partners have reduced their stake in the holding company of ......

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InCred founder on scaling up fee-based businesses, picking PIPE over private market

Finance

23 March, 2020

InCred founder on scaling up fee-based businesses, picking PIPE over private market

Mumbai-based InCred Group, founded in 2016 by former Deutsche Bank executive Bhupinder Singh, will ramp up its fee-based businesses alongside ......

WestBridge-backed Vistaar Financial to raise debt funding from FMO

TMT

13 March, 2020

WestBridge-backed Vistaar Financial to raise debt funding from FMO

FMO, the Netherlands’ development finance company, is looking to provide $30 million (Rs 221.7 crore at today’s exchange rate) in ......

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InCred in talks to buy boutique investment bank

Finance

10 February, 2020

InCred in talks to buy boutique investment bank

The capital markets, asset management and investment banking unit of Mumbai-based lender InCred Financial Services Ltd has approached several players ......

Madura Micro Finance to merge into CreditAccess Grameen

Finance

27 November, 2019

Madura Micro Finance to merge into CreditAccess Grameen

CreditAccess Grameen Ltd (CAGL), which operates a microlending business under the Grameen Koota brand, has signed definitive agreements for the ......

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Anshu Jain-backed InCred teams up with VC firm to float credit fund

Finance

06 November, 2019

Anshu Jain-backed InCred teams up with VC firm to float credit fund

InCred Financial Services Ltd has launched a credit fund under its wealth and asset management arm through a partnership with ......