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Avataar, Sofina, others invest $135 mn in Finova's Series E round

Finance

29 October, 2024

Avataar, Sofina, others invest $135 mn in Finova's Series E round

Jaipur-based non-bank lender Finova Capital has raised $135 million (Rs 1,135 crore) in its Series E funding round from Avataar ......

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Bottomline: Peak XV-backed Eduvanz's AUM shrinks, asset quality deteriorates

Finance

24 October, 2024

Bottomline: Peak XV-backed Eduvanz's AUM shrinks, asset quality deteriorates

Education-focussed lending startup Eduvanz posted a net loss for the financial year-ended 2024, even as its assets under management (AUM) ......

Canadian financial Sagen to enter India with bet on mortgage guarantee fund IMGC

Finance

28 April, 2022

Canadian financial Sagen to enter India with bet on mortgage guarantee fund IMGC

Canada’s largest mortgage insurance provider, Sagen MI Canada has made an entry into India by signing a definitive agreement to ......

Ezetap looks to raise $60 mn in funding, hires Unitus Capital to scout for investors

TMT

23 February, 2022

Ezetap looks to raise $60 mn in funding, hires Unitus Capital to scout for investors

Payment solutions provider Ezetap, which has raised $51 million in four funding rounds till date, is looking to raise an ......

Annapurna Finance nets $35 mn from Accion, Encourage Capital, Oikocredit

Finance

28 December, 2021

Annapurna Finance nets $35 mn from Accion, Encourage Capital, Oikocredit

Microfinance institution Annapurna Finance, backed by Asian Development Bank (ADB) and Oman India Joint Investment Fund (OIJIF), has secured $35 million ......

Venture firm gradCapital launches fund to back women founders

TMT

29 September, 2021

Venture firm gradCapital launches fund to back women founders

Bengaluru-based gradCapital has announced a $500,000 (Rs 3.72 crore)  student-focused venture capital fund directed towards women founders - named Entreprenher. ......

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Flashback 2020: New PE bosses, rise of women at VCs in top people moves this year

Finance

23 December, 2020

Flashback 2020: New PE bosses, rise of women at VCs in top people moves this year

The coronavirus pandemic threw a spanner in the hiring activities of private equity and venture capital firms as social distancing ......

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Unitus Capital to roll out debut fund focussing on social impact

Finance

05 November, 2020

Unitus Capital to roll out debut fund focussing on social impact

Unitus Capital, a Bengaluru-based financial advisory firm, is in the process of launching a debut fund, two people aware of ......

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Denmark's Maj Invest bets on second business correspondent firm in India

Finance

27 July, 2020

Denmark's Maj Invest bets on second business correspondent firm in India

Danish asset manager Maj Invest has doubled down on the banking business correspondent space in India, a person in the ......

Housing financier Aviom raises Series B funding from Japanese, Dutch investors

Finance

19 August, 2019

Housing financier Aviom raises Series B funding from Japanese, Dutch investors

Delhi-based Aviom India Housing Finance Pvt. Ltd has raised Rs 60 crore ($8.4 million) from Japan's Gojo & Company and ......