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VERITAS FINANCE
NBFCs put IPO plans on fast track, could raise over Rs 30,000crNon-bank lenders in Mumbai are preparing for a surge of IPOs, driven by favorable regulatory changes, lower interest rates, and an improvin...27 Jun, 2025, 06.34 AM IST- Five companies secure SEBI approval for IPOsThe IPO of Laxmi India Finance will be a combination of fresh issue of 1.04 crore shares and an offer for sale of 56 lakh shares. Jajoo Ras...07 May, 2025, 05.54 AM IST
- Veritas Finance files DRHP with SEBI for an IPOThe Rs 2,800 crore public offer includes a Rs 600 crore fresh issue and a Rs 2,200 crore offer for sale by selling shareholders, with share...20 Jan, 2025, 07.40 PM IST
- Stocks in news: TCS, L&T Finance, AB Sun Life, Tata Steel, P&G IndiaThe Board of L&T Finance Holdings approved raising of Rs 1.01 lakh crore through issuance of non-convertible debentures in one or more tran...19 Mar, 2024, 07.09 AM IST
- ETtech Deals Digest: Indian startups raise $304 million this weekThe funding landscape for Indian startups remained dry with new-age companies managing to raise only $304 million across 19 rounds this wee...07 Jul, 2023, 06.07 PM IST
- Veritas Finance raises Rs 1,200 croreVeritas Finance Private Limited has raised Rs1,050 crore from Multiples Private Equity along with its co-investors including International ...05 Jul, 2023, 08.19 PM IST
- Veritas Finance AUM cross Rs 1,000 croreThe current customer base is 40,386 customers with loan book outstanding at Rs 1,048 crore.21 Oct, 2019, 12.06 PM IST
- Chennai-based Veritas raises Rs 200 crores from Norwest Venture Partners in Series D roundThe company currently has a loan book of Rs 530 crore. Arulmany said the he expected the loan book to increase to over Rs 800 crores in FY1...02 Nov, 2018, 09.00 PM IST
- Chennai’s Veritas gets Rs 200 crore in Series D fundingThe company’s earlier investors include CDC Group plc, UK’s development finance institution and anchor investor Surendra Pai, former execut...02 Nov, 2018, 08.11 AM IST
- Norwest Venture buys into VeritasFounded in 2015 by D Arulmany, Veritas Finance lends to micro, small and medium enterprises in India. It has a loan book of Rs 496 crore, t...13 Oct, 2018, 08.09 AM IST
- MSME lender Veritas raises Rs 120-cr round led by UK govt’s CDC GroupThe CDC Group has committed to further invest Rs 35 crore separately in debt, taking the total fund raise by Veritas Finance to Rs 155 cror...13 Dec, 2017, 12.53 PM IST
- Chennai-based Veritas Finance gets Rs 30 crore from Sarva Capital, othersIt will use the funds for expansion as well as increasing the range of financial services, besides using a sizable amount of the capital fo...29 Mar, 2016, 02.35 AM IST
- Veritas Finance raises Rs 30 crore from Sarva CapitalThe Chennai-based Veritas Finance today said it has raised Rs 30 crore from Sarva Capital in A series funding. The funding will help fuel t...28 Mar, 2016, 07.31 PM IST
- Veritas Investment Research winds up India business; Cites loss of reputation due to FIRsCanada-based stock research firm says there is no meaningful progress in cases filed by Indiabulls firms yet.02 Dec, 2014, 07.12 AM IST
- Government clears 25 FDI proposals worth Rs 1,546 croreThese MBRT proposals relate to investment in setting up shop in duty free area and selling products on board on international flights, the ...14 Oct, 2014, 06.01 PM IST
- Lesson from Veritas: Need for more independent research into corporate governance, business operationsThe main lesson to be drawn from the brouhaha over Veritas' acerbic report on Indiabulls is that we need many more independent analyses of ...10 Aug, 2012, 09.01 AM IST
- RIL, RCOM, Nortel and Yellow Media Inc subject to scathing remarks from Canada-based research analyst Neeraj MongaLast week Monga along with another Veritas analyst wrote that RCom is the "poster child of everything that is wrong with Corporate India".25 Jul, 2011, 10.12 AM IST
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