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Bain to divest 1.2% stake in Axis Bank via bulk deal

Finance

31 October, 2022

Bain to divest 1.2% stake in Axis Bank via bulk deal

Private equity investor Bain Capital will sell a 1.24% stake in private lender Axis Bank Ltd through a block trade ......

Axis Bank-backed CredAble appoints Kapil Kapoor as CTO

Finance

14 September, 2022

Axis Bank-backed CredAble appoints Kapil Kapoor as CTO

Supply chain finance platform CredAble, on Wednesday announced the appointment of Kapil Kapoor as chief technology officer (CTO).  Kapoor comes with ......

Axis Bank, Oaks Asset Management invest in fintech player CredAble

Finance

04 August, 2022

Axis Bank, Oaks Asset Management invest in fintech player CredAble

Equentia SCF Technologies Pvt. Ltd, which operates supply chain finance platform CredAble, on Thursday said it has secured $9 million ......

Markets set for a 3rd weekly gain; TCS to announce earnings today

Finance

08 July, 2022

Markets set for a 3rd weekly gain; TCS to announce earnings today

Shares rose on Friday and were set for a third straight weekly jump, led by private lenders amid ebbing growth ......

ShopSe snags $6 mn from BeeNext, Chiratae, White Venture

TMT

24 May, 2022

ShopSe snags $6 mn from BeeNext, Chiratae, White Venture

Newbazaar Technologies Pvt Ltd, which runs fintech platform ShopSe, has raised Series A funding of $6.1 million (around Rs 47 ......

Indian market gains for second consecutive session, Reliance contributes most to gains

Markets

29 April, 2022

Indian market gains for second consecutive session, Reliance contributes most to gains

Indian shares extended gains to a second straight session on Friday. The NSE Nifty 50 was up 0.19% at 17,278.60 ......

ADB, Axis Bank to invest $150 mn in supply chain for impact sectors

Finance

08 April, 2022

ADB, Axis Bank to invest $150 mn in supply chain for impact sectors

The Asian Development Bank (ADB) has signed a deal with Axis Bank Ltd, worth up to $150 million (around Rs ......

Axis Bank to acquire Citi's consumer business in India for $1.6 bn

Finance

30 March, 2022

Axis Bank to acquire Citi's consumer business in India for $1.6 bn

Private sector lender Axis Bank has agreed to acquire Citibank's consumer business in India for Rs 12,325 crore ($1.62 billion), in an ......

Kalaari writes $10 mn cheque to agri-inputs startup AGRIM

TMT

17 February, 2022

Kalaari writes $10 mn cheque to agri-inputs startup AGRIM

AGRIM, a B2B platform for agri-inputs, said it has secured Series A funding of $10 million led by Kalaari Capital.  The ......

Premium
Vanguard, Nippon India, Axis MF lead race to acquire IDFC Mutual Fund

Finance

27 January, 2022

Vanguard, Nippon India, Axis MF lead race to acquire IDFC Mutual Fund

Pennsylvania-based asset management giant The Vanguard Group, Inc. is competing against large domestic AMCs including Nippon Life India Asset Management ......