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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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Fintech venture Mintoak may get $300 mn tag as two investors set for exit

Finance

09 December, 2024

Fintech venture Mintoak may get $300 mn tag as two investors set for exit

Fintech company Mintoak Innovations Pvt Ltd, which had raised $20 million (nearly Rs 170 crore) in Series A funding in February ......

BlueOrchard bets on ChrysCapital-backed Varthana Finance

Finance

09 December, 2024

BlueOrchard bets on ChrysCapital-backed Varthana Finance

Varthana Finance, which counts private equity firm ChrysCapital as an investor, has secured $15 million (about Rs 120 crore) in external ......

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Centrum's Rajendra Naik on the IPO market, valuations, higher fees and more

Finance

09 December, 2024

Centrum's Rajendra Naik on the IPO market, valuations, higher fees and more

IPO-bound entities are commanding lower valuations, with investors now driving a harder bargain, according to Rajendra Naik, managing director of ......

Asset manager Polen Capital to open office in Abu Dhabi

Finance

09 December, 2024

Asset manager Polen Capital to open office in Abu Dhabi

US investment management firm Polen Capital said on Monday it has received preliminary approval for a license to operate from the ......

Mubadala says under-invested in Asia, to increase focus on the region

Finance

06 December, 2024

Mubadala says under-invested in Asia, to increase focus on the region

Abu Dhabi's Mubadala Investment Company is under-invested in Asia and the geography will be a focus area for the sovereign ......

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Warburg Pincus, Creation may top-up bets on loss-making Indian firm

Finance

06 December, 2024

Warburg Pincus, Creation may top-up bets on loss-making Indian firm

US-based private equity firm Warburg Pincus and impact investor Creation Investments are likely to double down on a common India ......

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Blackstone-backed Aadhar Housing aims organic expansion as M&A targets elusive: CEO

Finance

06 December, 2024

Blackstone-backed Aadhar Housing aims organic expansion as M&A targets elusive: CEO

Blackstone-backed Aadhar Housing Finance recently opened its office in Himachal Pradesh in what it says was the “last possible state” ......

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Bottomline: Amicus-backed Berar Finance's loan book grows but bad debts weigh

Finance

06 December, 2024

Bottomline: Amicus-backed Berar Finance's loan book grows but bad debts weigh

Nagpur-based Berar Finance, which is backed by private equity firms such as Amicus Capital, managed a healthy growth in its profit for the ......

EQT exceeds $5-bn investment target in India, doubles down on healthcare

Finance

05 December, 2024

EQT exceeds $5-bn investment target in India, doubles down on healthcare

Sweden's EQT has invested more than its targeted $5 billion in India over the last few years, the head of its Asian ......

Citigroup rolls out artificial intelligence tools for employees in India, seven other countries

Finance

05 December, 2024

Citigroup rolls out artificial intelligence tools for employees in India, seven other countries

Citigroup began rolling out on Wednesday new artificial intelligence tools to be used by employees in eight countries, senior executives ......