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Passive equity funds set to beat active funds for second year

Markets

13 November, 2019

Passive equity funds set to beat active funds for second year

India's passive index-tracking equity funds are set to beat their active stock-picking counterparts in returns for a second...

Now, a lenders' takeover of DHFL just short of two regulatory nods

Finance

21 August, 2019

Now, a lenders' takeover of DHFL just short of two regulatory nods

All banks have consented to converting financially-troubled Dewan Housing Finance Corp. Ltd (DHFL)’s debt into equity, and...

Grapevine: IndiGo founders set to reach compromise; TVS may sell stake in warehousing biz

General

25 July, 2019

Grapevine: IndiGo founders set to reach compromise; TVS may sell stake in warehousing biz

InterGlobe Aviation Ltd, which runs budget airline IndiGo, has finalised a new policy on related-party transactions to address...

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LP commitment to Indian public markets-focused PE and hedge funds remains slow

Finance

14 May, 2019

LP commitment to Indian public markets-focused PE and hedge funds remains slow

Capital flow into Indian private equity and hedge funds that focus on public markets remained slow during the January-March quarter...

Accel, Omidyar Network top up investment in online mutual funds platform Scripbox

TMT

11 January, 2019

Accel, Omidyar Network top up investment in online mutual funds platform Scripbox

Scripbox Advisors Pvt. Ltd, which operates an eponymous online investment platform, has raised $21.7 million (around Rs 151.26...

Fintech startup Orowealth snaps up India Quotient-backed WealthTrust

TMT

09 January, 2019

Fintech startup Orowealth snaps up India Quotient-backed WealthTrust

Online mutual funds platform Orowealth has acquired wealth management app WealthTrust for an undisclosed amount. The two companies,...

UK-based angel investors back wealth management app CashRich

TMT

23 November, 2018

UK-based angel investors back wealth management app CashRich

Wealth management app CashRich, owned by Thane-based CR Fintech Pvt. Ltd, has raised angel funding worth $1 million (Rs 7 ......

TA Associates invests in mutual fund distributor Prudent Corporate

Finance

13 July, 2018

TA Associates invests in mutual fund distributor Prudent Corporate

US-based private equity investor TA Associates said it has bought a minority stake in Prudent Corporate Advisory Services Ltd, an ......

Insignia Ventures, Lightbridge Partners back online mutual fund seller Groww

TMT

09 July, 2018

Insignia Ventures, Lightbridge Partners back online mutual fund seller Groww

Groww, an online platform that sells direct plans of mutual funds, has raised $1.6 million (Rs 11 crore) in a ......

Google's Rajan Anandan, LetsVenture & others back mutual fund platform Nivesh.com

TMT

13 June, 2018

Google's Rajan Anandan, LetsVenture & others back mutual fund platform Nivesh.com

Providential Advisory Services Pvt. Ltd, which runs mass market mutual fund investment platform Nivesh.com, has raised seed funding of Rs ......

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