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People
True North ropes in former KKR managing director to lead credit vertical
Mid-market private equity firm True North has recruited Kapil Singhal, a former KKR managing director, to head its credit platform, ......
Finance
Kotak Investment hits final close of special situations fund at $1 bn
Kotak Investment Advisors Ltd, the alternative asset management arm of Kotak Group, said on Monday it has hit the final ......
Finance
FirstRand Bank India to expand team, add mezzanine debt vertical
FirstRand Bank India is looking at balance sheet mezzanine funding to complement its investment banking business and expand its team ......
Economy
Indian firms feel the pinch amid falling inflation, high interest rates
Indian businesses are getting squeezed. As economic growth slows and inflation sinks they have little ability to raise prices without ......
TMT
Bharat Innovation Fund leads extended Series B investment in CreditVidya
InfoCredit Services Pvt. Ltd, which operates credit-scoring platform CreditVidya, has raised $3 million (Rs 21.3 crore at current exchange rates) ......
TMT
Will Flipkart's ‘buy now, pay later' feature emulate the magic of cash on delivery?
India's largest e-commerce company Flipkart has a knack for springing surprises with bold, audacious moves. In 2010, when online payment ......
Finance
Samena to merge India credit biz with Catalytic
Private equity firm Samena Capital Investments Ltd is looking to merge its Indian credit business with homegrown private credit investment ......
TMT
Digital lending startup SimpliLend raises angel funding
Delhi-based Simplified Fintech Pvt. Ltd, which operates yet-to-be-launched online lending platform SimpliLend, has bagged an undisclosed amount in angel funding ......
TMT
PayU to widen fintech play, bets on cross-border payments, offline business
Naspers-owned payments gateway PayU India is betting big on the fintech space in India. While its primary focus will be ......
General
How bank credit fell across sectors after demonetisation
The government’s 8 November decision to ban high-value notes has not only caused a cash crunch but also hit business ......
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