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Sector Scan: Fresh slippages add to asset quality woes of MSME-focused NBFCs

Finance

19 December, 2024

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 ......

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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 ......

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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 ......

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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 ......

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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 ......

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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 ......

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Certus Capital plans to raise up to Rs 1,500 cr for private credit investments

Infrastructure

25 April, 2022

Certus Capital plans to raise up to Rs 1,500 cr for private credit investments

Real estate-focused Certus Capital, founded by a former executive of global alternative investment firm KKR, plans to raise up to ......

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InCred Capital to launch ₹1,000 cr private credit fund as KKR merger closes in

Finance

07 March, 2022

InCred Capital to launch ₹1,000 cr private credit fund as KKR merger closes in

InCred Capital, the wealth and asset management arm of InCred Financial Services Ltd (IFSL), is set to raise up to ......

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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 ......