Beena Parmar
Finance
Centrum, BharatPe get RBI nod to set up first digital small finance bank
The Reserve Bank of India (RBI) on Tuesday issued a small finance bank (SFB) licence to the consortium of Centrum ......
TMT
TPG fund to invest $1 bn in Tata Motors EV arm at $9.1 bn valuation
Private equity firm TPG's Rise Climate Fund has decided to invest Rs 7,500 crore (around $1 billion) in the newly ......
TMT
WestBridge, Nexus-backed Biz2Credit set to raise over $500 mn in pre-IPO round
Small and mid-sized enterprise (SME) fintech lending platform Biz2Credit Inc. is set to raise over $500 million to $1 billion ......
Finance
Cerberus, Oaktree, JC Flowers in race to buy stake in Yes Bank's proposed ARC
Three US-based entities including private equity (PE) fund Cerberus Capital Management, New York-based investor JC Flowers & Co. LLC and ......
Finance
Investcorp may launch second India-focused $400 mn fund in early 2022
Bahrain-based Investcorp is planning to launch a second India-focused fund early next year, even as it is sharpening its focus on real estate ......
TMT
Fresh-to-Home, XpressBees in talks to raise capital at a unicorn valuation
Fresh-to-Home and XpressBees, two portfolio companies of Investcorp India, are in separate talks to raise capital that will catapult each ......
Finance
Blackstone may get 5x return on IPO-bound Fino Payments Bank investment
US private equity major Blackstone Group is likely to make an over five times return on its investment in Fino ......
TMT
Credit card service startup Hyperface raises funds from Kunal Shah, others
Cred founder Kunal Shah, Better Capital and GFC (Global Founders Capital), along with early investors have invested $1.3 million in ......
TMT
Homegrown private equity firm ChrysCapital buys ResultsCX from One Equity Partners
Homegrown private equity player ChrysCapital has acquired ResultsCX, a customer experience partner to Fortune-100 and Fortune-500 companies globally, from middle ......
Finance
After DHFL, central bank set to drag Srei group's two financial arms to bankruptcy
After Dewan Housing Finance Corporation Ltd (DHFL), the Indian banking regulator is set to push two other non-bank lenders - ......