Finance
Stay updated with the latest financial news, funding developments, government policies, and insights shaping the finance sector in India.
Consumer
Grapevine: Jupiter may pick stake in SBM Bank; BluSmart in talks for funding
Neobanking startup Jupiter is said to be pursuing talks to acquire a stake of up to 26% in SBM Bank ......
Finance
Kedaara Capital ropes in former Wipro CEO to strengthen tech portfolio
Private equity firm Kedaara Capital has appointed former Wipro chief executive Abidali Neemuchwala as an independent operating advisor to advise ......
Finance
ADIA starts operations in India's GIFT City finance hub
Abu Dhabi Investment Authority (ADIA), the largest sovereign wealth fund in the United Arab Emirates (UAE), has started operations in ......
Finance
PE-backed Northern Arc sets sight on new performing credit fund's final close
Newly listed non-banking finance company Northern Arc Capital, which counts investors like International Finance Corporation, Eight Roads, Affirma Capital, Accion, ......
Finance
LC Nueva Investment launches second vehicle to back winners from first fund
LC Nueva Investment Partners, a partnership between Singapore-based Lighthouse Canton and Delhi-based investment firm Nueva Capital, has launched its second ......
Finance
Ascent Capital onboards new LP for $240 mn PE fund
Mid-market private equity firm Ascent Capital, which counts BigBasket, MyGlamm, Fresh2Home and Acko among its portfolio, has secured commitment from a new ......
Economy
Sensex, Nifty record longest losing streak this year so far
Indian shares fell for the sixth straight session on Monday, their longest losing streak since October 2023, as worries over ......
Finance
Bottomline: Warburg-owned Shriram Housing maintains profit, AUM growth trend in FY24
Mortgage lender Shriram Housing Finance Ltd, whose sale to private equity firm Warburg Pincus was announced in May, reported a 58% rise in its ......
Finance
Scan Holdings FO's Juhi Agarwal on avoiding PE bets, how to pick investments and more
Delhi-based metal packaging firm Scan Holdings Pvt. Ltd’s family office, while focuses largely on public equities, may explore growth-focused private ......
Finance
Navi Finserv FY24 revenue falls on Chaitanya sale, operating profit slips on write-offs
Navi Finserv Ltd, the non-bank lender part of Flipkart co-founder Sachin Bansal’s Navi group, reported a drop in revenue and ......