NBFC
Finance
PE-backed Annapurna Finance in talks to snap up microlender
Rural-focussed microfinance institution Annapurna Finance Pvt. Ltd is in talks to acquire a peer with an eye on expanding its...
Finance
Piramal eyes portfolio of housing finance company
Piramal Enterprises Ltd has emerged as the front runner to acquire the portfolio of an embattled housing finance company, two...
Infrastructure
Altico Capital looks to sell part of real-estate loan portfolio amid NBFC distress
Non-banking financial company (NBFC) Altico Capital is considering selling a part of its real estate portfolio, two people in...
TMT
Omidyar-backed Indifi in talks with DFI, others to raise fresh capital
Gurugram-based fintech startup Indifi Technologies Pvt. Ltd, floated by angel investor and venture capital firm Canaan Partners’...
Finance
Three PE firms vie to invest in Madura Micro Finance
Madura Micro Finance Ltd is in talks with at least three private equity firms to raise growth capital and offer ......
Finance
Accel-backed Samunnati Financial gets big cheque from new investor
Chennai-based non-banking financial company Samunnati Financial Intermediation & Services Pvt. Ltd has closed a new round...
Finance
Top retail banking exec at IDFC First quits, to float own venture
A top executive of Mumbai-based IDFC First Bank Ltd has quit the firm and is in the process of setting ......
Finance
Former Aspire Home Finance exec to float AIF, litigation financing biz
Anil Sachidanand, a former managing director of Aspire Home Finance Corporation, is in the process of launching a real-estate-focussed...
Finance
Policy Tracker: How demonetisation changed the face of bank credit in the Modi years
India’s gross bank credit -- a barometer of the economy’s health -- grew 13.1% between January 2018 and the first...
Finance
Non-bank lender BlackSoil Capital raises debt funding
Mumbai-based non-banking financial company BlackSoil Capital Pvt. Ltd has raised money from high-net-worth individuals (HNIs)...