Beena Parmar
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 ......
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
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 ......
People
EVs at inflection point, will take off sans policy tailwinds: GEF Capital
Last year saw a surge in climate technology-focused investments in the country despite a cautious investing environment, in light of ......
Finance
Clermont, Arpwood tweak India portfolio exit plan
Clermont Group, which is owned by Kiwi billionaire Richard Chandler, and Indian private equity firm Arpwood Partners have tweaked their ......
Finance
Elevation Capital to expand focus on fintech space, financialisation of savings
Early-stage to growth-equity investment firm Elevation Capital, backer of the likes of Paytm, Swiggy, Acko, ShareChat and Meesho, among others, ......
TMT
Why Abu Dhabi wants Indian startups to set up shop in Gulf emirate
The UAE government is pursuing Indian startups to set up bases in the region to expand the local economy beyond ......
Finance
Rebel Foods, Dunzo backer Lightbox pushes new fund launch as focus shifts to exits
Lightbox, the backer of startups such as Rebel Foods, Dunzo and Paymate, aims to go slow on launching its fourth ......