Nirmal Jain

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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 ......

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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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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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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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 โ€“ as part of ......

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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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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 ......

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 ......

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 ......

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 ......