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

Bajaj Housing Finance more than doubles in debut, fetches $16 bn valuation

Finance

16 September, 2024

Bajaj Housing Finance more than doubles in debut, fetches $16 bn valuation

Shares of Bajaj Housing Finance more than doubled in their trading debut on Monday, giving the company a market capitalization ......

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Blackstone weighs VFS stake sale; foreign bank seen scouting for buyers

Finance

13 September, 2024

Blackstone weighs VFS stake sale; foreign bank seen scouting for buyers

Blackstone, the world’s biggest private equity firm, is looking to monetise its three-year-old bet on global visa processing company VFS ......

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True North hires former Investec exec for private credit vertical

Finance

13 September, 2024

True North hires former Investec exec for private credit vertical

Mumbai-based True North, a homegrown private equity firm which wrapped up fundraising for its maiden private credit fund earlier this ......

Rural-focussed NBFC Moneyboxx Finance raises $21 mn

Finance

13 September, 2024

Rural-focussed NBFC Moneyboxx Finance raises $21 mn

Non-bank lender Moneyboxx Finance has raised Rs 176 crore ($21 million) of capital to support growth plans, the company said in ......

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Bottomline: PE-owned HDFC Credila's FY24 profit jumps as loan growth sustains

Finance

13 September, 2024

Bottomline: PE-owned HDFC Credila's FY24 profit jumps as loan growth sustains

HDFC Credila Financial Services, which recently came under private equity ownership, has sustained the pace of its assets under management ......

PGIM opens Abu Dhabi office, joining money managers' rush to UAE capital

Finance

13 September, 2024

PGIM opens Abu Dhabi office, joining money managers' rush to UAE capital

PGIM, the investment management arm of U.S. insurer Prudential Financial, has opened an office in Abu Dhabi, it said on ......

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Ares Asia scripting over $250 mn India exit with bumper returns

Finance

12 September, 2024

Ares Asia scripting over $250 mn India exit with bumper returns

Private equity-style alternative investment firm Ares Asia, formerly known as Ares SSG, is on the way to scoring multi-bagger returns ......

PE-backed Vastu Housing Finance secures $50 mn from US development financier

Finance

12 September, 2024

PE-backed Vastu Housing Finance secures $50 mn from US development financier

Vastu Housing Finance has received a loan of up to $50 million from United States International Development Finance Corporation (USDFC) ......

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Omnivore onboards offshore LP for third venture capital fund

Finance

12 September, 2024

Omnivore onboards offshore LP for third venture capital fund

Omnivore, an agritech-focused venture capital firm, has roped in an offshore limited partner for its third investment fund that has ......

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Accion, Leapfrog minting money from India bet but IFC sitting on a loss

Finance

12 September, 2024

Accion, Leapfrog minting money from India bet but IFC sitting on a loss

Global impact investors Accion and Leapfrog Investments are making multi-bagger returns on their investment in an Indian non-bank lender but ......