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Stay updated with the latest financial news, funding developments, government policies, and insights shaping the finance sector in India.

KKR's Q3 profit jumps 58%, aided by fee income and insurance business

Finance

24 October, 2024

KKR's Q3 profit jumps 58%, aided by fee income and insurance business

Alternative fund manager KKR & Co reported a 58% jump in adjusted net income for the third quarter of 2024, ......

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Bottomline: Peak XV-backed Eduvanz's AUM shrinks, asset quality deteriorates

Finance

24 October, 2024

Bottomline: Peak XV-backed Eduvanz's AUM shrinks, asset quality deteriorates

Education-focussed lending startup Eduvanz posted a net loss for the financial year-ended 2024, even as its assets under management (AUM) ......

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Jordan's ISSF strikes limited partner-style bet in Riyadh VC fund

Finance

24 October, 2024

Jordan's ISSF strikes limited partner-style bet in Riyadh VC fund

Jordan’s Innovative Startups and Small and Medium Enterprises Fund (ISSF) has struck its sixth limited partner-style bet this year, backing ......

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Darwinbox backer Endiya Partners taps offshore LP for latest fund

Finance

23 October, 2024

Darwinbox backer Endiya Partners taps offshore LP for latest fund

Early-stage investor Endiya Partners, which is raising capital for its third venture capital fund, is set to receive a limited ......

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CPPIB finally scores a multi-bagger in fourth big India exit this year

Finance

23 October, 2024

CPPIB finally scores a multi-bagger in fourth big India exit this year

Canada Pension Plan Investment Board (CPPIB), the North American nation’s biggest public pension fund, which has moderated the pace of ......

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KKR-backed Avendus set to rejig I-banking teams as senior exec looks to quit

Finance

23 October, 2024

KKR-backed Avendus set to rejig I-banking teams as senior exec looks to quit

Avendus Capital Pvt. Ltd is set to restructure leadership teams of some of its verticals within its investment banking division ......

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Mubadala-backed Investcorp scraps plan for big-ticket India deal

Finance

23 October, 2024

Mubadala-backed Investcorp scraps plan for big-ticket India deal

Bahrain-based alternative investment firm Investcorp, which saw its assets under management quintuple in six years to $53 billion and has ......

 Avaana exceeds target corpus of climate-tech fund, hits final close

Finance

23 October, 2024

Avaana exceeds target corpus of climate-tech fund, hits final close

Venture capital firm Avaana Capital Wednesday said it has marked the final close of its climate-tech fund, mopping up $135 million ......

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ChrysCapital's public market fund doubles down on six companies

Finance

22 October, 2024

ChrysCapital's public market fund doubles down on six companies

Homegrown private equity firm ChrysCapital, one of the largest among its peers that launched a full-fledged fund to invest in publicly listed ......

Allianz considering exiting insurance JVs with Bajaj Finserv

Finance

22 October, 2024

Allianz considering exiting insurance JVs with Bajaj Finserv

India's Bajaj Finserv said on Tuesday that Allianz SE is considering exiting its life and general insurance joint ventures with the Bajaj Group, potentially ending a decades-old ......