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Grapevine: Centrum may sell stake in housing finance business; Medimix maker seeks capital

General

11 October, 2023

Grapevine: Centrum may sell stake in housing finance business; Medimix maker seeks capital

Jaspal Bindra-led Centrum Capital is weighing possible sale of its stake in its mortgage financing business, a media report said.  The ......

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Insurtech startups looking at revival this year after a cold 2022

Finance

24 January, 2023

Insurtech startups looking at revival this year after a cold 2022

Equity fundraising by insurtech startups fell 39% in 2022 but industry experts say this year may mark a revival. These ......

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Kerala-based Maruti dealer ropes in bankers to drive into the bourses

Consumer

05 May, 2021

Kerala-based Maruti dealer ropes in bankers to drive into the bourses

Popular Vehicles & Services Pvt Ltd, a Kochi-based dealer for Maruti Suzuki, has snapped up three banks to go public, ......

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Centrum mulls bumping up unsecured lending portfolio with personal loans

Finance

15 October, 2019

Centrum mulls bumping up unsecured lending portfolio with personal loans

Centrum is considering expanding its unsecured lending portfolio, currently consisting of microfinance, by launching personal loans, a top executive told ......

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Expect strategic sales to account for 40% of our exits: Evolvence's Ajit Kumar

Finance

25 April, 2019

Expect strategic sales to account for 40% of our exits: Evolvence's Ajit Kumar

Last year, private equity firm Evolvence India Fund made a quick exit from the foreign exchange unit of Centrum Capital ......

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Policy Tracker: Why India may not meet its ambitious renewable energy targets

Infrastructure

30 January, 2019

Policy Tracker: Why India may not meet its ambitious renewable energy targets

In early 2015, less than a year after winning a landslide election victory, the Narendra Modi government dramatically increased India’s ......

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Centrum's Ajay Jain joins investment banking firm

People

14 September, 2017

Centrum's Ajay Jain joins investment banking firm

Ajay Jain, a veteran of over two decades in the financial services sector, has joined an investment banking firm after ......

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How much Everstone Capital made in Centrum part-exit

General

26 September, 2016

How much Everstone Capital made in Centrum part-exit

Private equity firm Everstone Capital has part-exited its eight-year-old investment in Mumbai financial services firm Centrum Capital, taking advantage of ......