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Finance
RBI rejects PE-backed Annapurna Finance's banking application for second time
The Reserve Bank of India has rejected an application by Annapurna Finance Pvt. Ltd, which counts Piramal Alternatives and mid-market ......
Finance
Bottomline: NPA woes trouble Piramal Alts-backed Annapurna Finance
Annapurna Finance, backed by a string of investors including Piramal Alternatives, grappled with a significant rise in bad loans in FY25, ......
Finance
Rabo-backed Kaleidofin adds new investor to cap table; NBFC unit hits breakeven
Financial services startup Kaleidofin Pvt Ltd, which is backed by several impact investors including Rabo Partnerships BV and the Michael and Susan Dell ......
People
Impact investor Oikocredit elevates exec as Asia equity head
Netherlands-headquartered social impact investor Oikocredit, which is an investor in Sindhuja Microcredit, Annapurna Finance and Avanti Finance, among other companies, ......
Finance
ValueQuest hires former Oikocredit exec ahead of second PE fund launch
Public markets investor ValueQuest, which made its entry into alternative assets with a private equity fund last year, is doubling ......
Infrastructure
Ecozen raises $23 mn from Northern Arc, responsAbility and others
Agritech and agri infra-focussed startup Ecozen Wednesday said it has raised over $23 million in debt capital to support its ......
Finance
Dutch impact investor Oikocredit's senior Asia exec steps down
A senior executive at the Netherlands-headquartered social impact investor Oikocredit, which is an investor in rural-focussed microfinance institution Sindhuja Microcredit ......
Finance
Sector scan: Why microfinance firms are bracing for growth slowdown
In March, India’s microfinance sector recorded its biggest private equity transaction. That month, US-based Advent International and India’s Multiples PE ......
Finance
Sindhuja Microcredit raises Series C from two European institutions
Rural-focussed microfinance institution (MFI) Sindhuja Microcredit has raised $14.5 million (Rs 120 crore) in its Series C funding round from ......
Finance
Impact investors, PE firm get exit window as Annapurna Finance gets over $400 mn tag
Odisha-based lender Annapurna Finance, which counts a string of impact investors and development finance institutions as its backers, is set ......
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