NBFC
Finance
Sector Scan: Fresh slippages add to asset quality woes of MSME-focused NBFCs
Non-bank lenders enjoyed two years of high growth post COVID-19 as a pent-up demand in the economy led to a ......
Finance
Arkam-backed fintech Jai Kisan acquires Kushal, gets NBFC licence as bonus
Fintech startup Jai Kisan, backed by marquee investors including Arkam Ventures, Blume Ventures, British International Investment and Mirae Asset among ......
Finance
BlackSoil NBFC raises $12 mn from rights issue to family offices
BlackSoil NBFC, the non-banking vertical of alternatives credit platform BlackSoil has raised Rs 100 crore ($12.1 million as per current ......
Finance
Eversource ropes in existing LP for climate-focused NBFC's fundraise
Climate focussed non-banking financial company (NBFC) Ecofy, promoted by climate impact fund Eversource Capital, is set to raise Rs 45 ......
General
Grapevine: KKR to wind down realty NBFC; Brookfield buys stake in CleanMax
Global private equity firm KKR, which had floated a real estate-focused non-banking financial company (NBFC) along with Singapore's sovereign fund ......
Finance
Impact fund Accion leads funding round in South India-based NBFC
Global impact investor Accion, which backs inclusive fintech startups, microfinance institutions and other financial services providers with equity and quasi-equity ......
Finance
Sequoia-backed fintech ProgCap adding another lending layer; hits breakeven
Digital lending platform ProgCap, which counts among its backers Sequoia Capital, Tiger Global and Google and has been operating a ......
Finance
Arka Investment marks first close of maiden credit fund
Mid-market focused Arka Investment Advisory has announced the first close of its Rs 250 crore debt fund after receiving commitments ......
Finance
InCred seeks to raise $150 mn to fund expansion
Corporate financer InCred Financial Services Ltd is in talks with pension and sovereign wealth funds to raise $150 million to fund ......
Finance
Advent invests in KreditBee's $200 mn round
Fintech startup KreditBee, on Friday announced that it has raised $100 million more in an extension of its Series D ......
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