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Affirma Capital leads $47 mn equity round in Muthoot's microlending arm

TMT

26 August, 2021

Affirma Capital leads $47 mn equity round in Muthoot's microlending arm

Singapore-based Affirma Capital, the emerging market private equity firm spun out of Standard Chartered PE, has led an investment...

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GyanDhan, education loan marketplace and lender, to raise capital from investors

TMT

05 August, 2021

GyanDhan, education loan marketplace and lender, to raise capital from investors

Education loans marketplace GyanDhan, which started operations as a lender a week ago, is set to raise $14-15 million (about ......

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Ares SSG-backed ARC set to lose bid for stressed home finance firm

Finance

16 June, 2021

Ares SSG-backed ARC set to lose bid for stressed home finance firm

An Ares SSG-backed asset reconstruction company (ARC) is set to lose a potential bid to acquire assets of large debt-laden ......

Netafim Agricultural Financing Agency raises $50 mn via equity and debt

Finance

26 April, 2021

Netafim Agricultural Financing Agency raises $50 mn via equity and debt

Netafim Agricultural Financing Agency Pvt Ltd (NAFA) has raised about $50 million via a mix of equity financing and external ......

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Top exec leaves Xander Finance amid raft of departures, may join real estate PE

Finance

09 April, 2021

Top exec leaves Xander Finance amid raft of departures, may join real estate PE

A top executive at the non-banking finance company of The Xander Group has quit the NBFC after almost nine years ......

True Balance secures debt capital for its non-banking finance arm

TMT

22 March, 2021

True Balance secures debt capital for its non-banking finance arm

True Balance, a fintech firm that focuses on the consumer segment, has raised $10 million (around Rs 72.39 crore) in ......

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Northern Arc inches towards float as NBFC finalises plans for hiring bankers

Finance

02 March, 2021

Northern Arc inches towards float as NBFC finalises plans for hiring bankers

Northern Arc Capital Ltd, formerly known as IFMR Capital, is in the process of firming up plans to hire book-running ......

Shapoorji Real Estate Fund exec joins U GRO as treasury chief

People

02 March, 2021

Shapoorji Real Estate Fund exec joins U GRO as treasury chief

Publicly listed fintech platform U GRO Capital has hired Shapoorji Real Estate Fund’s Amit Gupta as chief treasury officer,...

Temasek-owned Fullerton names new CEO-MD

Finance

23 February, 2021

Temasek-owned Fullerton names new CEO-MD

Non-banking financial company Fullerton India Credit Company Ltd has appointed a new CEO and MD, it said on Tuesday. Shantanu...

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How banks, NBFCs' crisis sprouted loan management biz for Arpwood-backed lender

Finance

17 February, 2021

How banks, NBFCs' crisis sprouted loan management biz for Arpwood-backed lender

SBFC Finance Pvt Ltd, a lender to small businesses, is fast filling up a loan-management niche in India that has ......

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