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Aye Finance IPO opens for subscription today. Check GMP, brokerages review, price band and other detailsAye Finance is launching its first public offer on Monday to raise Rs 1,010 crore. The IPO is priced between Rs 122 and Rs 129 per share. T...
Alphabet-backed Aye Finance raises Rs 454 crore from anchor investors ahead of IPO; Goldman Sachs key investorAlphabet-backed Aye Finance has raised Rs 454 crore from anchor investors ahead of its Rs 1,010 crore IPO opening on February 9. The anchor...
Winners of ETSA 2025; and other top tech and startup stories this weekWelcome to a new edition of ETtech Unwrapped — our weekend newsletter packed with the most important stories from this week. Let’s take a l...
Infosys axes fresh recruits; Delhivery Q3 reportIT major Infosys has begun laying off hundreds of employees who joined in October after a delayed onboarding. This and more in today’s ETte...
Zomato’s shares skid; Lendingkart’s distress dealFood and grocery delivery major Zomato saw its shares tumbling over 5% following its plans to raise funds through a QIP. This and more in t...
Aye Finance set to secure Rs 250 crore in a fresh roundOnce the deal is closed, Aye Finance’s net worth would reach Rs 1,250 crore, on the basis of which it can raise further debt from its lendi...
RBI is playing ball by ball; this is the best macro set up we have seen in many years: Shaktikanta DasShaktikanta Das, the Governor of the Reserve Bank of India, highlights the need for durable inflation, discusses the positive macroeconomic...
Chill sets in for consumer lending apps; what’s cooking at food delivery platforms?Consumer lending firms are set for difficult days ahead as a central bank diktat on reining in unsecured loans has choked off much-needed c...
Jio's big bet on India and Blackrock's second coming, and other top stories this weekWhile the initial buzz was that JFS would start off with a lending business given that it has an NBFC licence, the joint venture announceme...
Why quick deliveries are getting slower; MeitY proposes changes to IT rulesQuick delivery firms were all the rage in 2021, when liquidity abounded and tech valuations hit record highs. In 2022, though, these compan...
India’s used-car overdriveCars24 is in the final stages of closing a $300-350 million funding round at a valuation of $2 billion, underscoring the investor interest ...
Google parent Alphabet-backed AyeFinance targets lending to 5 lakh micro SMEsThe Government has realised the need of the MSME sector and has started multiple schemes to encourage credit solutions for bottom of pyrami...
Best multi cap mutual fund managers 2019Read on to know how the best investing brains in the country have negotiated the tides of the market.
Agrarian distress hurting FMCG volumes: Ajay BaggaDespite the OMOs and two dollar-bond swaps the money markets are in a liquidity deficient scenario, says Bagga
Faith in consumer story should not waiver due to small cyclical dip: Raunak Onkar, PPFAS MFWe have been buying into the auto sector, as the stocks have corrected, says Onkar
Ramesh Damani on 2 unique themes that could ride to top of bull marketBull run may have ended in bonds but is no way over in equities, says the fabled value investor.
VC and PE sectors get a headstart with high profile hires in 2018From SoftBank appointing its first country head to new investment firms being set up, some of the most prominent names in the investor comm...
We are sitting on around 30% cash and only adding to stocks we own: Raunak Onkar, PPFAS MFYou can worry top down but pick your stocks and invest bottom up, says PPFAS MF research head.
AYE Finance lands Rs 147 crore from CapitalG and othersThe NBFC will use the proceeds from the round to further increase its loan book, which stands at about Rs 525 crore, with a significant por...
NBFCs partner India's growth storyLargely, Indian NBFCs are engaged in consumer financing and asset creation, both being relevant activities in the current phase of growth.