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Finance

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

Temasek's Fullerton to acquire controlling stake in Lendingkart

Finance

18 October, 2024

Temasek's Fullerton to acquire controlling stake in Lendingkart

Fullerton Financial Holdings (FFH), which is owned by Singapore state investment firm Temasek, is increasing its stake in micro, small ......

Kotak Mahindra Bank to buy StanChart India's personal loan book

Finance

18 October, 2024

Kotak Mahindra Bank to buy StanChart India's personal loan book

Kotak Mahindra Bank has agreed to acquire Standard Chartered Bank personal loan book in India, bolstering the Indian banking giant's ......

8i Ventures fully exits M2P Fintech with stellar returns

Finance

18 October, 2024

8i Ventures fully exits M2P Fintech with stellar returns

Early-stage investor 8i Ventures has fully exited its investment in M2P Fintech with a solid return, after the startup closed ......

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IFC to lead up to $1 bn financing for top Indian shadow bank

Finance

18 October, 2024

IFC to lead up to $1 bn financing for top Indian shadow bank

International Finance Corporation (IFC), the private-sector investment arm of the World Bank Group, is set to lead a debt investment ......

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Sundaram Alts floats maiden performing credit fund; second in corporate credit strategy

Finance

17 October, 2024

Sundaram Alts floats maiden performing credit fund; second in corporate credit strategy

In a bid to expand its credit offerings as well as its assets under management in the next couple of ......

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Gaja Capital, Lok Capital back former HDFC exec's firm to buy mortgage lender

Finance

17 October, 2024

Gaja Capital, Lok Capital back former HDFC exec's firm to buy mortgage lender

Private equity firm Gaja Capital and impact investor Lok Capital are backing a company set up by a former senior ......

RBI bars Sachin Bansal's Navi, PE-backed Arohan, DMI Finance from issuing loans

Finance

17 October, 2024

RBI bars Sachin Bansal's Navi, PE-backed Arohan, DMI Finance from issuing loans

The Reserve Bank of India said Thursday it has barred four non-banking finance companies (NBFCs) from sanctioning and disbursing loans ......

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Shubham Housing gears up for fresh PE fundraise to boost capitalisation

Finance

17 October, 2024

Shubham Housing gears up for fresh PE fundraise to boost capitalisation

PremjiInvest-backed mortgage lender Shubham Housing Development Finance is in the process of raising fresh equity capital, in a move that ......

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Adenia Partners' Schow on focus over sector, country diversification for fifth Africa fund and more

Finance

17 October, 2024

Adenia Partners' Schow on focus over sector, country diversification for fifth Africa fund and more

Mauritius-based private equity firm Adenia Partners, which traditionally makes control-styled bets on mid-market businesses in Africa, is now doubling down ......

Tetr College launches fund to back student entrepreneurs

Finance

17 October, 2024

Tetr College launches fund to back student entrepreneurs

Tetr College of Business Thursday said it is launching ‘Tetr - Under 20’, a fund to back student entrepreneurs to ......