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Beena Parmar

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GyanDhan, education loan marketplace and lender, to raise capital from investors

TMT

05 August, 2021

GyanDhan, education loan marketplace and lender, to raise capital from investors

Education loans marketplace GyanDhan, which started operations as a lender a week ago, is set to raise $14-15 million (about ......

Anti-monopoly watchdog okays Carlyle deal to buy stake in PNB Housing Finance

Finance

04 August, 2021

Anti-monopoly watchdog okays Carlyle deal to buy stake in PNB Housing Finance

Global private equity major Carlyle’s fundraising deal with PNB Housing Finance (PNBHF) has received deemed approval from the Competition Commission ......

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Yogi Ramdev turns up the charm for investors

Consumer

03 August, 2021

Yogi Ramdev turns up the charm for investors

Swami Ramdev practises yoga for at least five hours daily which is what keeps him going through the day when ......

Infra.Market raises funding led by Tiger Global, valued at $2.5 bn

TMT

03 August, 2021

Infra.Market raises funding led by Tiger Global, valued at $2.5 bn

Within five months, Tiger Global led another round of investment in Infra.Market with $125 million ($928 crore) in a Series ......

Blackstone, IFC backed Fino Payments Bank files draft papers for IPO

TMT

02 August, 2021

Blackstone, IFC backed Fino Payments Bank files draft papers for IPO

Blackstone Group and World Bank arm International Finance Corporation (IFC) backed Fino Payments Bank has filed draft papers with the ......

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Stressed Assets Wrap: Bankruptcy resolutions continue to move at snail's pace in July

Finance

30 July, 2021

Stressed Assets Wrap: Bankruptcy resolutions continue to move at snail's pace in July

The sluggish pace of bankruptcy resolutions seen in May and June worsened in July even as several massive haircuts came ......

Temasek, DBS to launch debt financing platform for tech-enabled Asia firms

Finance

30 July, 2021

Temasek, DBS to launch debt financing platform for tech-enabled Asia firms

Singaporean state investor Temasek Holdings and Southeast Asia's largest bank DBS Group will jointly launch a $500 million (Rs 3,720 ......

Northern Arc Capital, Vivriti Capital, others invest debt in fintech startup Slice

Finance

29 July, 2021

Northern Arc Capital, Vivriti Capital, others invest debt in fintech startup Slice

Slice, a payments and credit solutions startup focused on millennials, has raised Rs 75.5 crore (around $10 million) debt capital ......

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Investors offer massive haircuts for LIC's $1 bn stressed loan accounts

Finance

28 July, 2021

Investors offer massive haircuts for LIC's $1 bn stressed loan accounts

At least five large investors including private equity players have bid very low to acquire stressed corporate loans worth about ......

Apollo, Synergy Metals Investments to invest about $200 mn in JSW Cement

Manufacturing

28 July, 2021

Apollo, Synergy Metals Investments to invest about $200 mn in JSW Cement

Two private equity players Apollo Global Management and Synergy Metals Investments Holding have decided to invest up to Rs 1,500 ......