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Arkam-backed fintech Jai Kisan acquires Kushal, gets NBFC licence as bonus

Finance

12 August, 2024

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 ......

BlackSoil NBFC raises $12 mn from rights issue to family offices

Finance

11 March, 2024

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 ......

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Eversource ropes in existing LP for climate-focused NBFC's fundraise

Finance

18 September, 2023

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 ......

Grapevine: KKR to wind down realty NBFC; Brookfield buys stake in CleanMax

General

24 April, 2023

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 ......

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Impact fund Accion leads funding round in South India-based NBFC

Finance

05 April, 2023

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 ......

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Sequoia-backed fintech ProgCap adding another lending layer; hits breakeven

Finance

22 February, 2023

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 ......

Arka Investment marks first close of maiden credit fund

Finance

13 February, 2023

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 ......

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InCred seeks to raise $150 mn to fund expansion

Finance

31 January, 2023

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 ......

Advent invests in KreditBee's $200 mn round

Finance

06 January, 2023

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 ......

Education financier Varthana raises $7 mn from MicroVest

Finance

04 January, 2023

Education financier Varthana raises $7 mn from MicroVest

Bengaluru-based school finance company Thirumeni Finance Pvt. Ltd, which operates under the Varthana brand, has raised $7 million (around Rs ......