Beena Parmar - Author at VCCircle
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Beena Parmar

Centrum, BharatPe get RBI nod to set up first digital small finance bank

Finance

12 October, 2021

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 ......

TPG fund to invest $1 bn in Tata Motors EV arm at $9.1 bn valuation

TMT

12 October, 2021

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 ......

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WestBridge, Nexus-backed Biz2Credit set to raise over $500 mn in pre-IPO round

TMT

12 October, 2021

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 ......

Cerberus, Oaktree, JC Flowers in race to buy stake in Yes Bank's proposed ARC

Finance

12 October, 2021

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 ......

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Investcorp may launch second India-focused $400 mn fund in early 2022

Finance

11 October, 2021

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 ......

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Fresh-to-Home, XpressBees in talks to raise capital at a unicorn valuation

TMT

11 October, 2021

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 ......

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Blackstone may get 5x return on IPO-bound Fino Payments Bank investment

Finance

10 October, 2021

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 ......

Credit card service startup Hyperface raises funds from Kunal Shah, others

TMT

05 October, 2021

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 ......

Homegrown private equity firm ChrysCapital buys ResultsCX from One Equity Partners

TMT

04 October, 2021

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 ......

After DHFL, central bank set to drag Srei group's two financial arms to bankruptcy

Finance

04 October, 2021

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 - ......