Non-Banking Financial Company
Finance
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 ......
Finance
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 ......
Finance
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 ......
Finance
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 ......
Finance
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 ......
Finance
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 ......
Finance
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 ......
Finance
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 ......
Finance
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 ......
Finance
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 ......