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FlexiLoans raises Rs 665 Crores in six months, closes latest Rs 375 crore in Series C roundThe investment comprised of both primary equity to fuel operational expansion and secondary transactions to facilitate liquidity for existi...- Finova Capital secures Rs 1,135 crore from Avataar Venture Partners, Sofina, Madison India othersThe new investors join existing shareholders Peak XV Partners, Faering Capital and Maj Invest. The round provided partial exit to some of t...
- Aye Finance raises about $25 million from Goldman Sachs (India) FinanceAye Finance raised $25 million from Goldman Sachs through a Rs 212 crore securitisation deal. The funding will aid in business expansion fo...
- 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...
- Muthoot Finance's arm Belstar Microfinance submits Rs 1,300 crore IPO prospectus with SEBIBelstar Microfinance plans a Rs 1,300 crore IPO with fresh equity shares and OFS. MAJ Invest, Danish asset management firm, and Muthoot Fin...
- Aye Finance eyes 70% jump in FY24 borrowing at Rs 3,400 croreAye Finance, a non-bank lender, aims to increase its borrowing by 70% to Rs 3,400 crore in FY24 compared to Rs 2,000 crore in FY23. The com...
- Digital lending platform FlexiLoans raises $90 millionAsialink Advisors, founded by former CIMB India Investment Banking head Anjani Kumar and Axis Capital were advisors to the transaction.
- Belstar Microfinance raises Rs 275 crore in equityThis is the second private equity investment in Belstar after Majm which had first invested in the lender in 2018.
- Financial services firm Finova Capital bags $65 million in funding from Norwest, othersThe micro, small and medium enterprises or MSME-focused lender will use the funds to grow its loan book, invest in technology, expand geogr...
- Aye Finance raises Rs 75 crore debt from Triple Jump and Northern ArcThe CapitalG backed lender was incepted in 2014 and since then has disbursed over INR 5000 crores to over three and a half lac micro enterp...
- Belstar Microfinance to raise Rs 350 crore via equityThis round of funding is being led by funds advised by Affirma Capital who will invest Rs 300 crore out of a total round of Rs 350 crore, a...
- 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...
- Fintech firm BASIX Sub-K raises Rs 75 croreSub-K facilitates affordable financial services to more than 3 million under-banked households and micro-enterprises across the country.
- Sub-K raises Rs 75 crore funding from Denmark's Maj InvestSub-K facilitates affordable financial services, to more than three million under-banked households and micro-enterprises across India on b...
- Fund that beats 95% of peers ignores CEO talk, research“The best research is the one you generate internally,”
- Arohan announced Rs 155 crore capital infusion from Denmark's Maj Invest and existing investorsArohan's loan portfolio was at Rs 1,031 cr as on April 30 provided through 271 branches operating in seven low-income states Assam, Bihar, ...
- Pakistan army punishes two former generals for corruptionIn a rare move, an army court in Pakistan today punished two former generals for illegally investing Rs 4.3 billion in the stock market.
- CBI raids premises of senior army officer for alleged graftCBI officials today raided the premises of a senior Army officer after registering a case of corruption against him on the charge of briber...
- Usha Narayanan to be Sebi Executive DirectorUsha Narayanan has taken charge as Executive Director of the Securities and Exchange Board of India.
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