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PE firm Affirma Capital invests in IT company Prodapt Solutions

TMT

09 September, 2019

PE firm Affirma Capital invests in IT company Prodapt Solutions

Affirma Capital, a private equity firm spun out of Standard Chartered Private Equity earlier this year, has invested in information ......

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Singapore fintech firm oCap invests in Chennai NBFC for India expansion

Finance

09 September, 2019

Singapore fintech firm oCap invests in Chennai NBFC for India expansion

Singapore-based fintech firm oCap Management Pte Ltd has picked up a minority stake in a Chennai-based non-banking financial company for ......

Fairfax to invest $5 bn more in Indian companies in next five years: Prem Watsa

Finance

03 September, 2019

Fairfax to invest $5 bn more in Indian companies in next five years: Prem Watsa

Prem Watsa, the billionaire chairman of Fairfax Financial Holdings Ltd, has proposed to invest a further $5 billion (approximately Rs ......

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CARE Ratings hires former Centrum top exec as CFO

Finance

23 August, 2019

CARE Ratings hires former Centrum top exec as CFO

India’s CARE Ratings Ltd has hired former Centrum Capital executive as its new chief financial officer, VCCircle has learned. Bharat Adnani, ......

SAIF Partners-backed Aye Finance raises $8 mn via debt securitisation

Finance

31 July, 2019

SAIF Partners-backed Aye Finance raises $8 mn via debt securitisation

Non-banking financial company Aye Finance Pvt. Ltd has raised Rs 55 crore ($8 million at current exchange rates) from Maharashtra-based ......

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Electric vehicle startup Ampere sees valuation drop in second leg of M&A deal

Manufacturing

16 July, 2019

Electric vehicle startup Ampere sees valuation drop in second leg of M&A deal

Electric two-wheeler maker Ampere Vehicles Pvt. Ltd has seen a decline in its valuation after engineering firm Greaves Cotton Ltd ......

IFC proposes to invest $30 mn in Indian School Finance Company

Finance

19 June, 2019

IFC proposes to invest $30 mn in Indian School Finance Company

International Finance Corporation (IFC), the private-sector investment arm of the World Bank, has proposed to invest up to $30 million ......

Centrum Financial Services to acquire L&T Finance's supply-chain lending biz

Finance

05 September, 2018

Centrum Financial Services to acquire L&T Finance's supply-chain lending biz

Centrum Financial Services Ltd is set to acquire the Rs 800 crore supply-chain lending business of L&T Finance Ltd, according ......

India's LEAP to build a global fintech hub

Brand Solutions

10 April, 2018

India's LEAP to build a global fintech hub

India Fintech Opportunities Review survey was recently conducted by YES BANK to comprehensively understand fintech landscape in India. The survey ......

Future skilling concerns the Indian fintech sector

Insights Focus

22 March, 2018

Future skilling concerns the Indian fintech sector

In its nascent stage, India’s emerging fintech sector faces a shortage of future-ready tech talent, says one of the findings ......