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100 startup founders feature in IIFL Wealth Hurun India Rich List 2022

People

100 startup founders feature in IIFL Wealth Hurun India Rich List 2022

Sixty-five founders of 37 unicorns including Physics Wallah’s Alakh Pandey and Prateek Maheshwari...

Bain Capital to acquire 25% stake in IIFL Wealth; General Atlantic, Fairfax part exit

Finance

Bain Capital to acquire 25% stake in IIFL Wealth; General Atlantic, Fairfax part exit

Bain Capital, global private equity firm, today announced that it has agreed to acquire 24.98% ...

Fairfax-backed IIFL ropes in Network18 exec as head of human resources

Finance

Fairfax-backed IIFL ropes in Network18 exec as head of human resources

Fairfax Financial Holdings Ltd-backed non-bank lender IIFL Finance Ltd has appointed Richa Sachdeva ...

HSBC Asset Management to acquire 100% of L&T Mutual Fund for $425 mn

Finance

HSBC Asset Management to acquire 100% of L&T Mutual Fund for $425 mn

L&T Finance Holdings will sell its mutual fund business L&T Investment Management Ltd to HSBC Asset ...

IIFL Wealth, others invest $53 mn in TPG Growth-backed SK Finance

Finance

IIFL Wealth, others invest $53 mn in TPG Growth-backed SK Finance

Private equity-backed SK Finance (formerly Ess Kay Fincorp), a Jaipur-based unlisted used-vehicle ...

D2C petcare brand Wiggles.in raises $5.5 mn led by Anthill Ventures

Consumer

D2C petcare brand Wiggles.in raises $5.5 mn led by Anthill Ventures

Wiggles.in, a direct-to-consumer petcare brand, on Thursday said it has raised $5.5 million (around ...

BharatPe raises $27 mn debt funding from IIFL Wealth and Northern Arc Capital

TMT

BharatPe raises $27 mn debt funding from IIFL Wealth and Northern Arc Capital

Delhi-headquartered fintech company Resilient Innovations Pvt Ltd, which operates merchant payments ...

Grapevine: Blackstone, IIFL Wealth circle L&T MF; Hindustan Zinc to sell wind assets

General

Grapevine: Blackstone, IIFL Wealth circle L&T MF; Hindustan Zinc to sell wind assets

Buyout major Blackstone and General Atlantic-backed IIFL Wealth are among the top bidders to acquire...

Grapevine: Blackstone, Indian asset managers look to buy L&T Mutual Fund

Finance

Grapevine: Blackstone, Indian asset managers look to buy L&T Mutual Fund

Private equity giant Blackstone and some Indian asset managers are in the fray to acquire a majority...

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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 ...