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Will focus on core NBFC biz, looking at AUM growth of 35-40%: Adar Poonawalla

Finance

16 December, 2022

Will focus on core NBFC biz, looking at AUM growth of 35-40%: Adar Poonawalla

A day after the Poonawalla Group sold its housing finance arm Poonawalla Housing to private equity giant TPG for Rs ......

Shriram Finance looking at rating upgrade post merger

Finance

05 December, 2022

Shriram Finance looking at rating upgrade post merger

Shriram Finance Ltd, the merged non-bank financer of the Shriram group, expects a credit rating upgrade to AAA due to ......

Premium
Kedaara, others in talks with Warburg for Avanse stake

Finance

14 November, 2022

Kedaara, others in talks with Warburg for Avanse stake

Private equity firms, including Kedaara Capital, are in talks with Warburg Pincus to buy some of its stake in education ......

TPG, Matrix-backed Five Star Business' IPO to open on 9 November

Finance

03 November, 2022

TPG, Matrix-backed Five Star Business' IPO to open on 9 November

Small business and mortgage loans provider, Five Star Business Finance is set to launch its initial public offering (IPO) on ......

Mufin Green Finance raises Series A funding

TMT

03 October, 2022

Mufin Green Finance raises Series A funding

Listed non-banking financial company (NBFC) Mufin Green Finance Ltd, on Monday announced that it raised Rs 45 crore (around $5.7 ......

DFI invests in RupeeRedee's captive NBFC

Finance

06 September, 2022

DFI invests in RupeeRedee's captive NBFC

Gurugram-based RupeeRedee’s captive NBFC platform FincFriends on Monday said it has secured $1.1 million as a part of its third ......

WheelsEMI raises $21 mn; in talks to secure more funds

TMT

01 September, 2022

WheelsEMI raises $21 mn; in talks to secure more funds

WheelsEMI Pvt. Ltd, which runs two-wheeler lifecycle service startup Bike Bazaar, has raised Rs170 crore ($21 million) in its ongoing ......

Lending platform Abhi Loans raises fresh funding

Finance

18 August, 2022

Lending platform Abhi Loans raises fresh funding

KNAB Finance Advisors Pvt. Ltd, a non-banking financial company has raised $4.5 million (around Rs 35.5 crore) in a mixture ......

Fintech unicorn CredAvenue rebrands as ‘Yubi'; eyes international expansion

TMT

22 June, 2022

Fintech unicorn CredAvenue rebrands as ‘Yubi'; eyes international expansion

Fintech debt marketplace, CredAvenue has rebranded itself as ‘Yubi’ with an aim to expand into international markets and widen its ......

IIFL Finance, Open Financial JV to launch neobank for MSMEs

Finance

03 May, 2022

IIFL Finance, Open Financial JV to launch neobank for MSMEs

Fairfax Financial Holdings Ltd-backed non-bank lender IIFL Finance Ltd and SME-focused neo-banking platform Open Financial Technologies Private Ltd, on Tuesday ......