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RBI bars Sachin Bansal's Navi, PE-backed Arohan, DMI Finance from issuing loans

Finance

17 October, 2024

RBI bars Sachin Bansal's Navi, PE-backed Arohan, DMI Finance from issuing loans

The Reserve Bank of India said Thursday it has barred four non-banking finance companies (NBFCs) from sanctioning and ......

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Infrastructure

18 September, 2024

Shell-backed Orb Energy starts Series D fundraising, aims $48 mn

British oil major Shell-backed Orb Energy, which is an integrated solar energy solutions provider, has initiated the ......

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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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Finance

02 July, 2024

Sustainability-focused GEF Capital nears target for third fund

Sustainability and climate-focused private equity (PE) firm GEF Capital Partners, which is led by Raj Pai and Stuart ......

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Infrastructure

24 June, 2024

India, Africa-focused Husk Power to weigh IPO, enter new markets in growth push

Husk Power Systems, an India- and Africa-focused renewable energy company that supplies electricity to rural areas via ......

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Finance

05 June, 2024

Florintree-backed Satin Creditcare raising $40 mn from offshore investor

Gurugram-based microfinance lender Satin Creditcare Network Ltd is raising up to Rs 332 crore ($40 million) in fresh ......

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Finance

08 May, 2024

Flutterwave backer LoftyInc courts offshore LP as it aims to quintuple AUM with new Africa VC fund

LoftyInc Capital, a pan-African early-stage venture capital firm, is likely to secure commitment from a European ......

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Finance

08 May, 2024

Sub-Saharan Africa-focused private debt fund REGMIFA to get another cheque

The Regional MSME Investment Fund for Sub-Saharan Africa (REGMIFA), an open-ended private debt fund focusing on micro, ......

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Finance

24 April, 2024

Adenia expands LP base beyond legacy regions for oversubscribed fifth fund

Adenia Partners, a Mauritius-based private equity firm that focuses on mid-sized businesses across Africa, ......

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Finance

22 April, 2024

IPO-bound Northern Arc set to secure capital from offshore backer

Northern Arc Capital Ltd, a no-banking finance company whose shareholders include global impact investment firms ......

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