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Grapevine: InCred, others circle Reliance Wealth Management; Tencent may back KhataBook

General

17 September, 2019

Grapevine: InCred, others circle Reliance Wealth Management; Tencent may back KhataBook

Investors including non-banking financial company InCred Finance are eyeing a possible bid for Anil Ambani’s Reliance Wealth Management, put up ......

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Investcorp slashes size of maiden India fund after buying IDFC Alternatives' PE biz

Finance

22 July, 2019

Investcorp slashes size of maiden India fund after buying IDFC Alternatives' PE biz

Global alternative asset manager Investcorp, which acquired the private equity business of IDFC Alternatives Ltd earlier this year, has closed ......

Anshu Jain-backed InCred raises big Series A funding round from FMO, others

Finance

29 April, 2019

Anshu Jain-backed InCred raises big Series A funding round from FMO, others

InCred Financial Services Ltd said it has raised Rs 600 crore ($86 million at current exchange rate) -- significantly big ......

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PE-backed private lender leads race to buy InCred's home finance unit

Finance

20 March, 2019

PE-backed private lender leads race to buy InCred's home finance unit

A private-sector lender has emerged as the front-runner to acquire the housing finance unit of InCred Finance, three people familiar ......

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Anshu Jain-backed InCred Finance explores sale of housing finance unit

Finance

18 March, 2019

Anshu Jain-backed InCred Finance explores sale of housing finance unit

Non-banking financial company InCred Finance is in talks with private equity firms and strategic investors to offload its housing finance ......

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Foreign investor commits capital to Anshu Jain-backed InCred Finance

Finance

18 February, 2019

Foreign investor commits capital to Anshu Jain-backed InCred Finance

InCred Finance, a non-banking financial company (NBFC) backed by private equity firms and former Deutsche Bank co-chief executive Anshu Jain, ......

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IDFC invites fresh bids for broking & investment banking unit

Finance

11 December, 2018

IDFC invites fresh bids for broking & investment banking unit

Listed non-banking financial company IDFC Ltd has invited fresh bids for its securities broking and investment banking business after offers ......

True North may sell stake in VKL; Radiant eyes tie-up with Jaslok Hospital

General

20 November, 2018

True North may sell stake in VKL; Radiant eyes tie-up with Jaslok Hospital

Homegrown private equity firm True North is planning to sell its stake in food products firm VKL Seasoning Pvt. Ltd, The ......

Vedanta mulls merger with Anglo American unit; Federal Bank eyes Madura Micro

General

04 July, 2018

Vedanta mulls merger with Anglo American unit; Federal Bank eyes Madura Micro

Volcan Investments Ltd, the family trust of Vedanta Resources Plc. chairman Anil Agarwal, is exploring the merger of Anglo American ......

Paragon Partners marks final close of debut fund at $120 mn

Finance

20 November, 2017

Paragon Partners marks final close of debut fund at $120 mn

Paragon Partners, a private equity firm co-founded by Siddharth Parekh to provide growth capital to mid-market companies in India, has ......