Faering Capital
TMT
MakeMyTrip's fintech arm picks up majority stake in BookMyForex
MakeMyTrip’s fintech unit, TripMoney, has acquired a majority stake in online foreign exchange services provider, BookMyForex. MakeMy Trip, however, did not ......
Consumer
Sixth Sense Ventures-backed Neeman's eyes $40 mn valn in fresh fundraise
Eco-friendly footwear brand Neeman's Pvt. Ltd is in discussion with several homegrown private equity funds and growth investors to raise ......
Finance
Digit Insurance FY21 net loss shrinks as revenue soars over 50%
Cloud-based general insurance company Digit Insurance’s net loss shrank sharply in 2020-21 (FY21) as the company reported a strong growth ......
TMT
Digit Insurance valued at $3.5 bn in funding round led by Faering Capital
Bengaluru headquartered general insurance company Digit Insurance on Friday said it has reached a valuation of $3.5 billion, a 1.8-time ......
TMT
Unpacking Digit Insurance -- India's newest unicorn
When Kamesh Goyal, founder and chairman of Digit Insurance, the country’s newest unicorn, started the non-life insurance company a little ......
TMT
Sequoia, Faering Capital double down on non-bank lender Finova
Jaipur-based non-banking financial company Finova Capital Pvt. Ltd has raised $35 million (about Rs 260 crore) from existing venture capital ......
Finance
Faering-backed WheelsEMI raises fresh funding in flat Series C round
WheelsEMI Pvt. Ltd, a non-banking finance company which offers loans for two-wheelers, has raised fresh capital in a flat Series ......
Finance
Warburg Pincus moves ahead to take another Indian portfolio firm public
Private equity giant Warburg Pincus has inched a step closer to taking public one more company from its India portfolio, ......
General
Grapevine: Geojit may buy Faering-backed Funds India; Blackstone to sell Embassy REIT units
Geojit Financial Services is in talks to buy an online mutual fund investment platform -- Funds India -- from its ......
Finance
Faering Capital exits digital payments firm with benchmark returns
Mid-market private equity firm Faering Capital has fully exited a digital payments firm through a buyout deal. Mumbai-based Faering has sold ......
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