Beena Parmar
Finance
Encourage Capital picks up stake in MSME lender
New York-based Encourage Capital, through its private equity fund Encourage Solar Finance LP, has acquired a significant minority stake in ......
Finance
Centrum eyes big jump in private credit AUM with second fund
Centrum Alternatives, the alternative investment arm of the Centrum Group, is raising its second private credit fund that would more ......
Finance
Exclusive: TVS Motor's lending unit TVS Credit gets PE interest for large deal
TVS Credit Services Ltd is in talks with at least two private equity investors to raise a large funding round, ......
Finance
Magma HDI set for stake sale after failed PE deal with ICICI Venture, Morgan Stanley
Magma HDI General Insurance Co, which was a joint venture between Poonawalla FinCorp and German insurer HDI Global SE but ......
Finance
Strengthening audit after GoMechanic fraud, planning quicker exits: Orios' Anup Jain
Early-stage venture capital firm Orios Venture Partners has set up an audit function at the fund level to strengthen systems ......
Finance
PAG-backed Nuvama hits first close of India's biggest venture debt fund
Nuvama Wealth Management has marked the first close of India’s biggest venture debt fund, as demand for credit from local companies rises in the wake of a slowdown in venture capital and private equity dealmaking. Mumbai-based Nuvama, previously known ......
Infrastructure
Blackstone amasses $30.4 bn for new global real estate fund
Global alternative asset manager Blackstone Inc on Tuesday announced it has raised $30.4 billion for its latest global real estate ......
Finance
Impact fund Accion leads funding round in South India-based NBFC
Global impact investor Accion, which backs inclusive fintech startups, microfinance institutions and other financial services providers with equity and quasi-equity ......
Finance
MUFG Bank's arm leads equity round in DMI Finance
Japan-based Mitsubishi UFJ Financial Group, Inc. through its consolidated subsidiary MUFG Bank, has led a $400 million equity investment round ......
Finance
VC-backed fintechs' credit card play gets second shocker as key issuer pulls the plug
SBM Bank India, the wholly-owned subsidiary of foreign lender State Bank of Mauritius (SBM), has blocked the corporate credit cards ......