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Early-stage startups Finsall, Reloy net venture capital funds

Finance

19 January, 2022

Early-stage startups Finsall, Reloy net venture capital funds

Insurance-focused fintech platform Finsall said it has raised Rs 12 crore in a pre-Series A round from its existing investors ......

Avendus raises $57.8 mn to mark first close of second structured credit fund

Finance

19 January, 2022

Avendus raises $57.8 mn to mark first close of second structured credit fund

Avendus PE Investment Advisors, an asset management arm of Avendus Group, has marked the first close of its second structured ......

Japan's Sumitomo Mitsui Trust Bank, others invest $47 mn in DMI Finance

Finance

11 January, 2022

Japan's Sumitomo Mitsui Trust Bank, others invest $47 mn in DMI Finance

DMI Finance Private Limited has announced the closure of a $47 million (around Rs 347.5 crore) equity investment round from new ......

Fintech platform CASHe raises $19 mn from its Singaporean parent TSLC

Finance

04 January, 2022

Fintech platform CASHe raises $19 mn from its Singaporean parent TSLC

Fintech startup CASHe has closed Rs 140 crore (around $18.7 million) of equity funding from its Singapore-based holding company TSLC ......

Satya MicroCapital picks up 24% stake in Jaipur-based Baid Housing Finance

Finance

24 December, 2021

Satya MicroCapital picks up 24% stake in Jaipur-based Baid Housing Finance

Swiss impact investor BlueOrchard-backed Satya MicroCapital Ltd, focused on self-employed rural women, said it has completed a strategic investment to pick ......

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Falcon Edge, Bay Capital invest in Five Star Business ahead of its IPO

Finance

15 December, 2021

Falcon Edge, Bay Capital invest in Five Star Business ahead of its IPO

Private equity investors Falcon Edge Capital and Bay Capital have invested $26 million in market-bound non-bank lender Five Star Business ......

Spice Money promotes two executives as Co-founders

Finance

07 December, 2021

Spice Money promotes two executives as Co-founders

Spice Money, the the rural fintech arm of DiGispice Technologies Ltd, has promoted Sanjeev Kumar from his earlier role of CEO to ......

Anil Ambani's Reliance Capital becomes fourth NBFC to enter for insolvency

Finance

06 December, 2021

Anil Ambani's Reliance Capital becomes fourth NBFC to enter for insolvency

A Mumbai bench of the insolvency court on Monday admitted a plea to initiate a resolution process against Reliance Capital ......

Prosus-owned PayU Finance promotes Bhavik Kaul to the post of chief product officer

Finance

18 November, 2021

Prosus-owned PayU Finance promotes Bhavik Kaul to the post of chief product officer

PayU Finance, which owns the ‘Buy Now, Pay Later’ (BNPL) LazyPay, has posted Bhavik Kaul to the post of chief ......

9Unicorns-backed Klub appoints former Capgemini exec to head Blaze

People

17 November, 2021

9Unicorns-backed Klub appoints former Capgemini exec to head Blaze

Revenue-based financing platform Klub has appointed Sudharsan Venkatakrishnan as vice president, the company said in a statement.  Venkatakrishnan will be responsible ......