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IIFL Finance

IIFL Finance, Open Financial JV to launch neobank for MSMEs

Finance

IIFL Finance, Open Financial JV to launch neobank for MSMEs

Fairfax Financial Holdings Ltd-backed non-bank lender IIFL Finance Ltd and SME-focused neo-banking ...

Open turns unicorn with $50 mn funding led by IIFL Finance

TMT

Open turns unicorn with $50 mn funding led by IIFL Finance

Neo-banking platform Open Financial Technologies Pvt Ltd has raised $50 million in a Series D ...

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IIFL Finance hands 10% annualised return to CDC on second part-exit

Finance

IIFL Finance hands 10% annualised return to CDC on second part-exit

UK’s CDC Group Plc made a second partial exit on Thursday from IIFL Finance by selling 2.64% stake...

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CDC partially exits IIFL Finance, US-based The Capital Group joins cap table

Finance

CDC partially exits IIFL Finance, US-based The Capital Group joins cap table

UK’s development finance institution CDC Group has sold a little less than a fourth of its holding...

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Ares SSG commits to new fund set up by non-bank lender to hive off real estate loans

Finance

Ares SSG commits to new fund set up by non-bank lender to hive off real estate loans

Ares SSG Capital has committed to a new fund set up by a non-banking finance company which will soak...

Ward Ferry, Fairfax, others to invest in discount broker 5paisa Capital

Finance

Ward Ferry, Fairfax, others to invest in discount broker 5paisa Capital

The board of IIFL Holdings-owned 5paisa Capital, the only publicly listed discount broker, has ...

Grapevine: Byju's may buy Doubtnut; IIFL Finance may sell wholesale lending portfolio

General

Grapevine: Byju's may buy Doubtnut; IIFL Finance may sell wholesale lending portfolio

Byju’s is in advanced talks to acquire learning app Doubtnut as the Indian ed-tech giant looks to ...

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IIFL founder Nirmal Jain on why the group split into three and more

Finance

IIFL founder Nirmal Jain on why the group split into three and more

Six months ago, Fairfax-backed IIFL group split into three listed entities -- finance, wealth and ...

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NBFCs should explore lending off balance sheets: Panellists at VCCircle summit

Finance

NBFCs should explore lending off balance sheets: Panellists at VCCircle summit

Non-banking financial companies should look to increase their lending off balance sheets to lower ...

Fairfax-backed IIFL Holdings to split into three listed firms

Finance

Fairfax-backed IIFL Holdings to split into three listed firms

IIFL Holdings Ltd is heading for a three-way split to create two new entities, IIFL Wealth and IIFL ...