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Ares SSG commits to new fund set up by non-bank lender to hive off real estate loans

Finance

25 May, 2021

Ares SSG commits to new fund set up by non-bank lender to hive off real estate loans

Ares SSG Capital has committed to a new fund set up by a non-banking finance company which will soak up ......

Ward Ferry, Fairfax, others to invest in discount broker 5paisa Capital

Finance

14 April, 2021

Ward Ferry, Fairfax, others to invest in discount broker 5paisa Capital

The board of IIFL Holdings-owned 5paisa Capital, the only publicly listed discount broker, has approved fundraise worth about Rs 250 ......

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Hedge fund Abakkus ups stake in Fairfax-backed securities broking firm

Finance

15 April, 2020

Hedge fund Abakkus ups stake in Fairfax-backed securities broking firm

Hedge fund Abakkus Asset Manager LLP has raised its stake in a securities broking firm that is backed by Canadian ......

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How CDC's four-year-old bet on India Infoline Finance went underwater

Finance

31 March, 2020

How CDC's four-year-old bet on India Infoline Finance went underwater

CDC Group Plc is staring at a steep loss on its investment in India Infoline Finance Ltd as the non-banking ......

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IIFL founder Nirmal Jain on why the group split into three and more

Finance

27 January, 2020

IIFL founder Nirmal Jain on why the group split into three and more

Six months ago, Fairfax-backed IIFL group split into three listed entities -- finance, wealth and securities – as part of ......

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Hedge fund Abakkus picks up stake in Fairfax-backed securities broking firm

Finance

20 December, 2019

Hedge fund Abakkus picks up stake in Fairfax-backed securities broking firm

Hedge fund Abakkus Asset Manager LLP has bought a minority stake in a Mumbai-based securities broking and investment banking firm ......

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How IIFL Finance is strengthening its capital base

Finance

18 January, 2019

How IIFL Finance is strengthening its capital base

IIFL Finance Ltd plans to add more fixed-income instruments and long-term borrowings to its debt capital, as it diversifies its ......

IIFL Wealth raising $110 mn from Ward Ferry, General Atlantic and others

Finance

19 June, 2018

IIFL Wealth raising $110 mn from Ward Ferry, General Atlantic and others

The wealth management arm of IIFL Holdings Ltd has decided to raise Rs 745.71 crore (about $110 million) from a ......

Fairfax-backed IIFL Holdings to split into three listed firms

Finance

01 February, 2018

Fairfax-backed IIFL Holdings to split into three listed firms

IIFL Holdings Ltd is heading for a three-way split to create two new entities, IIFL Wealth and IIFL Securities, and ......

Supply-chain tech startup Increff bags $2 mn from Sequoia Capital, others

TMT

17 July, 2017

Supply-chain tech startup Increff bags $2 mn from Sequoia Capital, others

Bangalore-based NextSCM Solutions Pvt Ltd, which offers end-to-end supply chain technology solutions to fashion brands and retailers, has raised Rs ......