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How did Amicus Capital's bet value investment bank Equirus?

Finance

11 October, 2024

How did Amicus Capital's bet value investment bank Equirus?

Bengaluru-based private equity firm Amicus Capital, which marked the first close of its second fund in January, has joined the ......

Former Kotak Bank exec KVS Manian joins Federal Bank as MD, CEO

People

23 September, 2024

Former Kotak Bank exec KVS Manian joins Federal Bank as MD, CEO

Former Kotak Mahindra Bank executive KVS Manian has taken over as the managing director and chief executive officer of Ernakulam-based ......

TPG-backed Tata Tech soars 140% on debut; True North-backed FedFina disappoints

Finance

30 November, 2023

TPG-backed Tata Tech soars 140% on debut; True North-backed FedFina disappoints

Tata Technologies Ltd, the first Tata Group company to go public in nearly two decades, made a spectacular stock market ......

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True North tweaks exit plan from BFSI portfolio firm

Finance

27 July, 2023

True North tweaks exit plan from BFSI portfolio firm

True North, one of India’s oldest private equity firms that recently beat benchmark returns in a partial exit from a financial services portfolio company, ......

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IFC lifting exposure to Indian bank to nearly $250 mn in one of its largest equity bets

Finance

19 July, 2023

IFC lifting exposure to Indian bank to nearly $250 mn in one of its largest equity bets

International Finance Corporation (IFC), the World Bank Group’s private-sector investment arm, is increasing its exposure to an Indian bank to ......

U.S. stocks bounce, investors digest news of 2022 rate hikes

Economy

12 January, 2022

U.S. stocks bounce, investors digest news of 2022 rate hikes

U.S. stocks bounced and Treasury yields retreated in choppy trade as investors absorbed remarks from the Federal Reserve that interest ......

True North to sell analytics company Actify Data Labs to global survey platform Voxco

TMT

11 January, 2022

True North to sell analytics company Actify Data Labs to global survey platform Voxco

True North, one of India’s oldest private equity (PE) firms, has signed a definitive agreement to sell its entire stake ......

Neobank Jupiter raises $86 mn from Tiger Global, Sequoia, others at $711 mn valuation

Finance

30 December, 2021

Neobank Jupiter raises $86 mn from Tiger Global, Sequoia, others at $711 mn valuation

Neobanking platform Jupiter, owned and operated by Amica Financial Technologies Pvt Ltd, has raised $86 million as a part of ......

True North-backed nonbank lender Fedfina plans IPO

Finance

19 October, 2021

True North-backed nonbank lender Fedfina plans IPO

Fedbank Financial Services Ltd (Fedfina), a retail-focused non-bank lender set up by Federal Bank Ltd, is planning a public listing, ......

IFC, associate entities to invest Rs 916 crore in Federal Bank

Finance

17 June, 2021

IFC, associate entities to invest Rs 916 crore in Federal Bank

World Bank investment arm International Finance Corporation (IFC) and two associate entities will invest Rs 916 crore ($124 million at ......