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Omidyar-backed Indifi in talks with DFI, others to raise fresh capital

TMT

11 June, 2019

Omidyar-backed Indifi in talks with DFI, others to raise fresh capital

Gurugram-based fintech startup Indifi Technologies Pvt. Ltd, floated by angel investor and venture capital firm Canaan Partners’ former India chief ......

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Three PE firms vie to invest in Madura Micro Finance

Finance

27 May, 2019

Three PE firms vie to invest in Madura Micro Finance

Madura Micro Finance Ltd is in talks with at least three private equity firms to raise growth capital and offer ......

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Accel-backed Samunnati Financial gets big cheque from new investor

Finance

10 May, 2019

Accel-backed Samunnati Financial gets big cheque from new investor

Chennai-based non-banking financial company Samunnati Financial Intermediation & Services Pvt. Ltd has closed a new round of equity funding from ......

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Top retail banking exec at IDFC First quits, to float own venture

Finance

01 May, 2019

Top retail banking exec at IDFC First quits, to float own venture

A top executive of Mumbai-based IDFC First Bank Ltd has quit the firm and is in the process of setting ......

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Former Aspire Home Finance exec to float AIF, litigation financing biz

Finance

16 April, 2019

Former Aspire Home Finance exec to float AIF, litigation financing biz

Anil Sachidanand, a former managing director of Aspire Home Finance Corporation, is in the process of launching a real-estate-focussed alternative ......

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Policy Tracker: How demonetisation changed the face of bank credit in the Modi years

Finance

03 April, 2019

Policy Tracker: How demonetisation changed the face of bank credit in the Modi years

India’s gross bank credit -- a barometer of the economy’s health -- grew 13.1% between January 2018 and the first ......

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Non-bank lender BlackSoil Capital raises debt funding

Finance

26 March, 2019

Non-bank lender BlackSoil Capital raises debt funding

Mumbai-based non-banking financial company BlackSoil Capital Pvt. Ltd has raised debt funding from high-net-worth individuals (HNIs) and by selling part ......

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Not chasing AUM; to stay off wholesale, realty lending: APAC Fin's Randhir Singh

Finance

25 March, 2019

Not chasing AUM; to stay off wholesale, realty lending: APAC Fin's Randhir Singh

Randhir Singh Deutsche Bank’s former Asia-Pacific chief Gunit Chadha, along with others, set up Mumbai-based APAC Financial Services Pvt. Ltd last ......

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Edelweiss' NBFC unit loses senior executive

Finance

15 March, 2019

Edelweiss' NBFC unit loses senior executive

A senior executive at the non-banking financial company (NBFC) unit of diversified financial services company Edelweiss Group has resigned, two ......

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PE capital has potential to rescue real estate sector: Panellists at VCCircle LP summit

Infrastructure

14 February, 2019

PE capital has potential to rescue real estate sector: Panellists at VCCircle LP summit

The dearth of capital and the mismatch between demand and supply are drawing private equity investors to the real estate ......