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Falcon Edge in talks to invest in Indian SME lender

Finance

29 January, 2019

Falcon Edge in talks to invest in Indian SME lender

New York-based hedge fund Falcon Edge Capital is in discussions to invest in a Gurugram-based lender in a potential transaction ......

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Danish investor buys into Aye Finance as Accion Venture Lab exits

Finance

10 January, 2019

Danish investor buys into Aye Finance as Accion Venture Lab exits

Seed-stage impact investor Accion Venture Lab has exited its four-year-old investment in non-banking financial company (NBFC) Aye Finance by selling ......

How NBFCs are using tech to boost MSME lending

Finance

24 December, 2018

How NBFCs are using tech to boost MSME lending

Over the last few quarters, public sector banks’ (PSBs’) share in lending to micro, small and medium enterprises (MSMEs) has ......

Morgan Stanley PE leads funding round in Jaipur-based lender Kogta

Finance

29 November, 2018

Morgan Stanley PE leads funding round in Jaipur-based lender Kogta

Jaipur-based Kogta Financial (India) Ltd has raised Rs 154 crore ($22 million) in a funding round led by Morgan Stanley ......

KKR looks to buy assets from Indian NBFCs

Finance

12 October, 2018

KKR looks to buy assets from Indian NBFCs

U.S. private equity firm KKR & Co Inc is seeking to buy assets from Indian non-banking finance firms as it ......

JM Financial's NBFC unit to raise $90 mn from GIC, other investors

Finance

28 September, 2018

JM Financial's NBFC unit to raise $90 mn from GIC, other investors

Singapore sovereign wealth fund GIC Pte Ltd and other investors are injecting Rs 650 crore ($90 million) into a non-banking ......

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Fusion Microfinance scouts for acquisitions to speed up expansion

Finance

23 July, 2018

Fusion Microfinance scouts for acquisitions to speed up expansion

Delhi-headquartered Fusion Microfinance Pvt. Ltd is scouting for acquisitions to expand presence in new regions, its co-founder said. The microlender is ......

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How NBFCs are making hay while banks wilt under bad loans

Finance

20 July, 2018

How NBFCs are making hay while banks wilt under bad loans

Adversities often throw up new opportunities, provided someone is smart enough to realise it. India’s non-banking financial companies (NBFCs) capitalising ......

Aye Finance raises Series C round from CapitalG, others

Finance

11 June, 2018

Aye Finance raises Series C round from CapitalG, others

Non-banking financial company Aye Finance Pvt. Ltd has raised Rs 147 crore ($21.5 million) in a Series C round of ......

Everstone-backed IndoStar Capital's IPO subscribed two-thirds on second day

Finance

10 May, 2018

Everstone-backed IndoStar Capital's IPO subscribed two-thirds on second day

Everstone Capital-backed non-banking financial company IndoStar Capital Finance’s initial public offering (IPO) was subscribed a little more than two-thirds on ......