Finance

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

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Finance

14 August, 2024

Incubate Fund Asia plans new outing after closing third fund below target

Incubate Fund Asia, a Japanese venture capital firm focused on early-stage companies in India and Southeast Asia, has marked the ......

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Finance

14 August, 2024

Spark Capital plans to roll out pre-IPO fund

Spark Capital, a mid-market financial services firm offering investment banking, asset management and private wealth management services, is likely to ......

Finance

14 August, 2024

Rupee continues to hover around 84/$ mark amid volatility

The Indian rupee ended nearly flat on Wednesday as U.S. dollar demand from importers and foreign banks eroded the currency's ......

Finance

14 August, 2024

Sensex, Nifty end flat as profit booking offsets gains in IT stocks

Indian shares closed little changed on Wednesday, as broad-based profit booking offset gains in information technology (IT) stocks after soft ......

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14 August, 2024

Neo Asset forays into performing credit with new fund, marks first close

Mumbai-based Neo Asset and Wealth Management, the asset management arm of Neo Group, which onboarded Japanese banking major MUFG this ......

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13 August, 2024

Elevation-backed Aye Finance aims to more than double AUM, triple profit by FY27

Aye Finance, a non-banking finance company which lends to micro, small and medium sector enterprises (MSME) in India, aims to ......

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13 August, 2024

African PE Mediterrania eyes final close of Fund IV with oversubscription

Mediterrania Capital Partners, a Malta-based private equity firm that manages assets worth $800 million, is aiming to conclude fundraising of ......

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13 August, 2024

SBI plans to sell Yes Bank stake worth $2.2 bn by end-March

State Bank of India (SBI), the country's largest lender, aims to strike a deal by end-March for the sale of its 24% ......

Finance

13 August, 2024

SMBC's Asia Rising Fund joins Vayana's ongoing Series D round

Trade credit infrastructure platform Vayana Tuesday said it raised $20.5 million (Rs 172 crore) as part of its ongoing Series ......

Finance

12 August, 2024

Innoviti raises $8 mn from Random Walk, existing backers

Innoviti Technologies Pvt. Ltd, which operates a payments-centric retail SaaS platform for enterprise brands and their SME channel partners, on ......