Shivalik Small Bank closes in on ManiBhavnam Home FinanceShivalik has received Reserve Bank of India's (RBI) approval for this acquisition while it has sought clearance from the Registrar of Compa...
Lending startup Olyv bags $23 million from Fundamentum, SMBC FundBengaluru-based consumer lending startup Olyv has secured $23 million in a fresh funding round from Fundamentum Partnership and SMBC Asia R...
Solar platform Aerem raises $15 million from Sumitomo Mitsui’s venture arm, othersAerem Solutions has raised $15 million (Rs 136 crore) in a round led by the SMBC Asia Rising Fund, the venture capital (VC) arm of Japan’s ...
Shivalik Small Finance Bank raises Rs 100 cr from investors led by SMBC Asia Rising Fund-JapanShivalik Small Finance Bank secured Rs 100 crore in funding. SMBC Asia Rising Fund- Japan led the investment round. Existing investors also...
Japan's SMBC Fund invests $7 million in Shivalik SFBShivalik Small Finance Bank secures investment from SMBC Asia Rising Fund. The fund acquires a 4.99% stake for $7 million. Existing investo...
Japan's SMBC Fund invests $7 million in Shivalik SFBSMBC Asia Rising Fund has acquired a 4.99% stake in Shivalik Small Finance Bank for $7 million, valuing the bank at ₹1,200 crore. This inve...
SBI to sell over 13% stake in Yes Bank to Japan’s SMBC for Rs 8,889 croreState Bank of India (SBI) has decided to sell over 413 crore equity shares, representing approximately 13.19% of Yes Bank's total shares, t...
Yes Bank shares rally over 8% as SBI and Japan's SMBC near landmark stake sale dealYes Bank shares surged over 8% after reports said SBI and Yes Bank boards are in talks to sell a 20% stake to Japan’s SMBC, potentially mar...
SMBC set to snap up 20% in Yes; bank boards meet todayState Bank of India and Yes Bank boards are convening Friday to finalize the sale of stakes to Sumitomo Mitsui Banking Corp. SMBC will acqu...
Japan's financial powerhouse SMBC moves a step closer to taking control of Yes BankYes Bank stake buy: Sumitomo Mitsui Banking Corp (SMBC) is in advanced discussions to acquire a significant stake in Yes Bank, potentially ...
Tokyo’s Incubate looks to take Indian solutions to Japan, Southeast Asia marketsIncubate Fund is one of the largest seed-stage funds in Japan with assets under management (AUM) of a billion dollars. The fund’s cofounder...
Vayana raises $20 million in funding round led by SMBC AsiaTrade finance platform Vayana raised $20.5 million in Series D funding, led by SMBC Asia Rising Fund. Existing investors including IFC and ...
SMBC picks Sandeep Chopra to head India corporate coverageSumitomo Mitsui Banking Corporation (SMBC) has appointed Sandeep Chopra as its head of corporate clients in India. Chopra, a 30-year-old co...
Leasing giant SMBC places order for 60 Airbus A320neo planesThe announcement comes days after Airbus' main rival Boeing dominated the Dubai Airshow. Boeing won new orders for 196 aircraft while Airbu...
Amp Energy raises $250 million from SMBC Bank of Japan, ICG and AIIBPinaki Bhattacharyya, Founder, MD and CEO of Amp Energy India said, “With this round we are on our way to be the leading energy transition ...
ARA Asset Management announces $500 mn equity financing from SMBCSMBC, the largest entity of the Sumitomo Mitsui Financial Group, is among the world’s premier financial institutions with $2.25 trillion in...
Japan’s SMBC keen to help the drought-hits in MaharashtraHead of Asia Pacific Division and Emerging Markets Business Division, Shosuke Mori has shown interest in taking part in Jalyukt Shivar Abhi...