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

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South African VC HAVAÍC marks first close of third pan-Africa fund

Finance

02 August, 2024

South African VC HAVAÍC marks first close of third pan-Africa fund

HAVAÍC, a South African venture capital fund that backs early-stage, high-growth African tech startups, has marked the first close of ......

Saudi sovereign wealth fund signs $50 bn of MoUs with Chinese firms

Finance

02 August, 2024

Saudi sovereign wealth fund signs $50 bn of MoUs with Chinese firms

Saudi Arabia's sovereign wealth fund PIF has signed six memorandums of understanding (MoUs) worth a total of $50 billion with ......

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Nuveen-backed Aviom India in talks for fresh capital, may tap new global investor

Finance

02 August, 2024

Nuveen-backed Aviom India in talks for fresh capital, may tap new global investor

Aviom India Housing Finance, a micro-mortgage lender backed by US-based investment firm Nuveen and Sabre Partners, is in talks for ......

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PE firm Amethis gets backing of returning French LP for third pan-African fund

Finance

02 August, 2024

PE firm Amethis gets backing of returning French LP for third pan-African fund

Amethis, a Paris-based private equity firm that manages assets worth over $1.2 billion and backs mid-sized businesses in Africa and ......

Clix Capital snags $26 mn from existing investors including Apollo Global

Finance

01 August, 2024

Clix Capital snags $26 mn from existing investors including Apollo Global

Non-banking financial company (NBFC) Clix Capital has raised Rs 220 crore ($26.3 million as per current rates) in a fresh ......

Billionaire Prem Watsa's Fairfax among bidders for IDBI Bank stake

Finance

01 August, 2024

Billionaire Prem Watsa's Fairfax among bidders for IDBI Bank stake

The Reserve Bank of India has completed its review of potential buyers for a majority stake in IDBI Bank, approving ......

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Helios marks first close of climate fund with commitment from returning LP

Finance

01 August, 2024

Helios marks first close of climate fund with commitment from returning LP

Helios Investment Partners, one of Africa’s biggest private equity firms managing assets worth $3 billion, has hit the first close ......

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Warburg, Kedaara line up benchmark-beating PE exit move

Finance

01 August, 2024

Warburg, Kedaara line up benchmark-beating PE exit move

Private equity firm Warburg Pincus, which logged over half-a-dozen liquidity moves last year in India and signed off from a legacy ......

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Neo Asset aims to wrap up deployment of special situations fund by 2024-end

Finance

01 August, 2024

Neo Asset aims to wrap up deployment of special situations fund by 2024-end

Mumbai-based Neo Asset Management, the wealth and asset management arm of Peak XV Partners-backed Neo Group, plans to wrap up ......

KKR's Q2 net income soars 49% on higher fees

Finance

01 August, 2024

KKR's Q2 net income soars 49% on higher fees

Private equity group KKR & Co said on Wednesday its second-quarter adjusted net income jumped 49% year-on-year, driven by an ......