Amazon completes $200 million cash acquisition of Axio, adds an NBFC licence via dealWhile the company did not disclose the deal size, sources pegged it at around $200 million, with all the existing investors of Axio making ...
05 Sep, 2025, 02.26 PM IST
UGRO Capital elevates Anuj Pandey to CEOUGRO Capital, a datatech NBFC specializing in MSME lending, has appointed Anuj Pandey, currently the Chief Risk Officer, as its new CEO. Pa...
24 Jun, 2025, 11.38 AM IST
UGRO Capital shares rally 7% as firm to acquire Profectus Capital for Rs 1,400 crore cash dealUGRO Capital's shares surged following the announcement of its acquisition of Profectus Capital for Rs 1400 crore. This all-cash deal is ex...
18 Jun, 2025, 09.55 AM IST
Stocks in news: Hindustan Zinc, UGRO Capital, Delhivery, M&M, Vishal Mega MartIndian markets experienced a slight downturn, with several companies making headlines. Vedanta plans to sell shares in Hindustan Zinc, whil...
18 Jun, 2025, 06.48 AM IST
UGRO Capital to acquire Profectus Capital for Rs 1,400 crore cash dealNon-bank lender UGRO Capital is all set to acquire Profectus Capital Private Limited for Rs 1400 crore in an all-cash deal, the company ann...
17 Jun, 2025, 09.45 PM IST
UGRO Capital to acquire Profectus Capital for ₹1,400 crUGRO Capital has acquired Profectus Capital for ₹1400 crore in an all-cash deal, making Profectus a wholly owned subsidiary. This acquisiti...
17 Jun, 2025, 09.33 PM IST
Amazon to acquire fintech lending startup Axio in a $200 million all-cash dealAxio announced in a blog post that it had signed an agreement with Amazon for a proposed acquisition in December, following the successful ...
18 Jan, 2025, 07.37 AM IST
ETSA Startup of the Year Lenskart; consumer lending fintechs’ FY24 reportLenskart CEO Peyush Bansal outlined the company's expansion plans, including a new manufacturing plant in southern India, in an exclusive i...
04 Oct, 2024, 08.07 AM IST
Tech-based NBFCs try a balancing act after RBI action on unsecured loansNBFCs like DMI Finance, Vivriti Capital and InCred Capital expanded unsecured retail and small business lending, leveraging strong fintech ...
08 Jun, 2024, 10.22 AM IST
IPO-bound cos wary after poll results; NBFCs’ balancing actHappy Friday! New-age firms planning to go public are moving cautiously as stock market volatility remains a concern after the 2024 general...
07 Jun, 2024, 07.32 AM IST
Longer-term bullish trend continues on capex & cable-related stocks: Sanjiv BhasinSanjiv Bhasin, Director at IIFL Securities, discusses the bullish trend in stocks, particularly in capex and cable-related sectors. He high...
30 May, 2024, 11.08 AM IST
Ugro Capital raises Rs 1,322 crore, acquires fintech lender MyShubhLife for Rs 45 croreThe deal with MSL enables Ugro Capital to enter the tech-enabled embedded finance market. The non-bank lender will initially pay Rs 28 cror...
02 May, 2024, 10.05 PM IST
Here's why Hemang Jani is bullish on NBFC stocksIn fact, this entire PSU rally that we have seen for almost now about six months or so, it has been quite surprising for a lot of us. Thoug...
06 Feb, 2024, 10.53 AM IST
Stocks in news: Zee Learn, Ugro Capital, Piramal Ent, Power GridZee Learn said an insolvency petition has been filed by Axis Bank to initiate the corporate insolvency resolution process (CIRP) of the com...
27 Dec, 2023, 06.56 AM IST