NBFC
General
PE-backed Five Star Business Finance eyes fresh funding
Chennai-based Five Star Business Finance Ltd is looking for fresh funding from investors, as the non-bank lender seeks to accelerate ......
General
PE firm True North to partially exit small finance bank licensee Fincare
Fincare Business Services Pvt. Ltd, a financial services holding company, is in late-stage discussions to raise external equity funding that ......
Infrastructure
BlackSoil Capital picks Navi Mumbai mall for commercial realty bet
Asset management company BlackSoil Group has backed a mall in Navi Mumbai through its recently formed non-banking financial company (NBFC) ......
General
KKR raises $160 mn under new India credit fund
Private equity giant Kohlberg Kravis Roberts & Co Ltd (KKR) has marked the pre-close of its second India-focussed credit fund ......
General
Madura Micro Finance gets fresh investment, Elevar clocks partial exit
Non-banking financial company Madura Micro Finance Ltd (MMFL) has raised equity capital from new investor in its Series B round ......
General
How microfinance lenders have become hot targets for financial services firms
The inability to tap private equity investors by fund-starved small- to medium-sized microfinance companies (MFIs) has created a market full ......
Infrastructure
Edelweiss' NBFC arm invests $30 mn in Hyderabad developer
ECL Finance Ltd, the non-banking financing arm of Edelweiss Financial Services Ltd, has invested Rs 200 crore (roughly $30 million) ......
General
Bala Naidu quits Baring PE Asia; floats $600 mn multi-asset investment firm
Baring Private Equity Asia managing director Lakshmiah Balachandra Naidu has quit the firm to set up an Asia-focussed multiple asset ......
Infrastructure
SARE Homes raises $63.5 mn from Altico Capital, KKR
Realty developer SARE Homes has raised Rs 435 crore (around $63.5 million) from non-banking financial company (NBFC) Altico Capital and ......
General
Dr Reddy's Labs to buy Kolkata NBFC Imperial Credit
Hyderabad-based Dr Reddy’s Laboratories Ltd is acquiring non-banking financial company Imperial Credit Pvt. Ltd, as per a note by the ......