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PE-backed Annapurna Finance in talks to snap up microlender

Finance

20 June, 2019

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...

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Piramal eyes portfolio of housing finance company

Finance

18 June, 2019

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...

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Altico Capital looks to sell part of real-estate loan portfolio amid NBFC distress

Infrastructure

12 June, 2019

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...

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Omidyar-backed Indifi in talks with DFI, others to raise fresh capital

TMT

11 June, 2019

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’...

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Three PE firms vie to invest in Madura Micro Finance

Finance

27 May, 2019

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 ......

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Accel-backed Samunnati Financial gets big cheque from new investor

Finance

10 May, 2019

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...

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Top retail banking exec at IDFC First quits, to float own venture

Finance

01 May, 2019

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 ......

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Former Aspire Home Finance exec to float AIF, litigation financing biz

Finance

16 April, 2019

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...

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Policy Tracker: How demonetisation changed the face of bank credit in the Modi years

Finance

03 April, 2019

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...

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Non-bank lender BlackSoil Capital raises debt funding

Finance

26 March, 2019

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)...

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