NBFC
General
PE-backed Five Star Business Finance eyes fresh funding
Chennai-based Five Star Business Finance Ltd is looking for fresh funding from investors, as the non-bank lender seeks to accelerate ......
General
PE firm True North to partially exit small finance bank licensee Fincare
Fincare Business Services Pvt. Ltd, a financial services holding company, is in late-stage discussions to raise external equity funding that ......
Infrastructure
BlackSoil Capital picks Navi Mumbai mall for commercial realty bet
Asset management company BlackSoil Group has backed a mall in Navi Mumbai through its recently formed non-banking financial company (NBFC) ......
General
Madura Micro Finance gets fresh investment, Elevar clocks partial exit
Non-banking financial company Madura Micro Finance Ltd (MMFL) has raised equity capital from new investor in its Series B round ......
General
How microfinance lenders have become hot targets for financial services firms
The inability to tap private equity investors by fund-starved small- to medium-sized microfinance companies (MFIs) has created a market full ......
Infrastructure
Edelweiss' NBFC arm invests $30 mn in Hyderabad developer
ECL Finance Ltd, the non-banking financing arm of Edelweiss Financial Services Ltd, has invested Rs 200 crore (roughly $30 million) ......
General
Warburg Pincus-backed Capital First looks to diversify loan book with M&As
Capital First Ltd, a non-banking finance company majority owned by private equity firm Warburg Pincus, is looking to strike acquisition ......
Infrastructure
Developer Vatika Group dials KKR, others for funds
Vatika Group is seeking debt funding from companies including global alternative investment giant KKR to complete a bunch of residential ......
Infrastructure
Property developer Supertech mulls setting up NBFC
Noida-based developer Supertech Ltd is looking to float a separate fundraising platform under which it may set up a non-banking ......
General
Warburg Pincus mulls paring stake in Capital First
Warburg Pincus, which acquired a majority stake in Capital First Ltd four years ago, is looking to divest a part ......