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NABARD acquires 10% stake in agri-fintech startup

New Delhi, April 23 -- The National Bank for Agriculture and Rural Development (NABARD) has acquired a 10% stake in Vadodara-based agri-fintech startup 24x7 Moneyworks Consulting, marking its first-ev... Read More


Warburg, True North-backed Home First Finance raises $146 mn

New Delhi, April 16 -- Home First Finance, backed by private equity firms Warburg Pincus and True North, has raised Rs 1,250 crore ($146 million) through a qualified institutional placement of equity ... Read More


BharatPe-controlled Trillionloans appoints Sandeep Singh as CEO

New Delhi, April 16 -- Trillionloans, a subsidiary of BharatPe, has appointed Sandeep Singh as its chief executive officer. With over 16 years of experience across digital and retail lending, life in... Read More


Navyug Global Ventures invests in Chennai NBFC Shrinithi Capital

New Delhi, April 16 -- Navyug Global Ventures Pvt Ltd, an investment firm founded by entrepreneur Nikhil Chandan, has invested Rs 16 crore ($1.8 million) in Chennai-based non-banking finance company S... Read More


Elevar Equity-backed TapFin launches NBFC GoGreen Capital to drive EV financing

New Delhi, April 15 -- TapFin, backed by venture capital firm Elevar Equity, has launched its non-banking financial company (NBFC) GoGreen Capital, aimed at accelerating electric vehicle (EV) financin... Read More


Bessemer Venture Partners bets on SaaS fintech Easebuzz

New Delhi, April 7 -- Venture capital firm Bessemer Venture Partners, which has invested in entities like Perfios Software Solutions, has pumped money into another company in the financial technology ... Read More


HSBC, NABARD invest in digital credit infrastructure firm Online PSB Loans

New Delhi, April 7 -- HSBC, along with the National Bank for Agriculture and Rural Development (NABARD), has made an investment in digital credit infrastructure company Online PSB Loans Ltd, aiming to... Read More


Beams Fintech Fund bets on PE-backed lender Infinity Fincorp

New Delhi, April 2 -- Beams Fintech Fund, a growth-stage private equity firm that invests in financial services and financial technology companies, said Wednesday it has invested in non-bank lender In... Read More


Former Federal Bank CEO Srinivasan joins TVS Capital as senior advisor

New Delhi, April 1 -- TVS Capital Funds has appointed Shyam Srinivasan, the former chief executive officer and managing director of Federal Bank, as a senior advisor and operating partner. With over ... Read More


Zaggle to acquire majority stake in enterprise software firm EffiaSoft

New Delhi, March 28 -- Software-as-a-service company Zaggle Prepaid Ocean Services Ltd has agreed to acquire a majority stake in Hyderabad-based enterprise software company EffiaSoft Pvt Ltd. As part... Read More