NBFC
Finance
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 ......
Finance
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 ......
Finance
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 ......
Finance
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 ......
TMT
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 ......
Finance
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 ......
TMT
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 ......
Finance
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 ......
TMT
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 ......
Finance
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 ......