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ETtech Deals Digest: Startups raise $62 million this week, down 34% on-yearThe funds were raised through 16 deals, compared to 30 in the year-ago period.- Arthan Finance raises Rs 50 crore from Incofin, Dell FoundationThe Dell Foundation is a returning investor in the company. The fresh fund infusion will boost the company’s business expansion and technol...
- NBFC Arthan Finance raises Rs 50 crore in equity fundingMumbai-based NBFC Arthan Finance, which focuses on lending to micro and small businesses, will use the new funds to grow its assets under m...
- Save Solution receives $13 million private equity fundingPrivate equity investor Incofin Investment Management has invested $10 million SaGgraha Management Services, a business correspondent wholl...
- Namdev Finvest's assets under management cross Rs 1,200 cr-mark in FY24Namdev Finvest, a non-banking financial company specializing in small business lending, reported significant growth in its assets under man...
- Namdev Finvest secures $15 million equity funding from impact investorsWhile NBFC Namdev Finvest is based in Jaipur, with 80% of its business operations in Rajasthan, it is in the process of expanding operation...
- Global funds in driver’s seat, EV financing companies charge full steam aheadRev Fin, OTO, Mufin Finance, and Three Wheels United are among the fintech firms that have secured either equity or debt financing from the...
- Global funds in driver's seat, EV financing firms charge full steam aheadIndia's EV financing market will likely be worth $50 billion (₹4.1 lakh crore) by 2030, when 30% of private cars, 70% of commercial vehicle...
- British International Investment and others to pump in $25 million in Light MicrofinanceBritish International Investment, the development financial institution of the UK government, will be investing $9.2 million in the NBFC-MF...
- Farmer-owned Sahyadri Farms has raised Rs 310 crore from a group of European investors"Sahyadri Farms is today, servicing over 18,000 farmers, covering more than 31,000 acres and 9 crops. The capital coming from Korys, FMO, P...
- Unnati secures Rs 60 cr from Incofin Investment Management, others in Series A fundingUnnati has served more than three lakh farmers through its network of 20000 uStore network. It has been digitising agri-input retailers, tr...
- Danish company Maj Invest buys 18% equity in SAVE Solutions for Rs 120 croreSAVE Solutions is a business correspondent for State Bank of India, Bank of India and Bank of Baroda and intends to use this capital to exp...
- Warburg Pincus invests Rs 520 crore in Fusion MicrofinancePE major Warburg Pincus is in talks to acquire a significant minority stake in a Fusion Microfinance in a deal estimated at $80-100 million...
- Warburg Pincus in talks to invest up to $100m in Fusion MicrofinanceWarburg will acquire stake in the New Delhi-based mid-sized non-banking financial company (NBFC) from existing investors along with a prima...
- Incofin plans $80-m fund for IndiaBelgium-based Incofin Investment Management, which holds equity in India’s top microfinance companies, is now planning a $80-million fund e...
- Belgium's Incofin plans $80-million India Progress FundBhandari said the India-fund would focus on investing in financial services, food and agricultural sector with 50-70% contribution from int...
- Incofin, SIDBI Venture to offload investments in Annapurna FinanceIncofin has about 4.13 per cent stake and the sale of the shares will fetch it about Rs 30 crore.
- Norwegian Microfinance Initiative, IRIF invest Rs 25 crore in Fusion MicrofinanceNorwegian Microfinance Initiative, IRIF invest Rs 25 cr second round of fund raising by Fusion Microfinance Pvt Ltd.
- Incofin Investment Management invests Rs 13.6 crore in Annapurna MicrofinanceIncofin Investment Management has invested Rs 13 crore in Orissa-based Annapurna Microfinance Pvt. Ltd (AMPL), the Belgian investment firm ...
- Incofin picks up 25% stake in NBFC Arman Financial ServicesIncofin said it has picked up 24.99 per cent equity stake in the city-based NBFC Arman Financial Services for a consideration of Rs 15 cror...
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