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Public market fundraising set to hit record Rs.6.5 trillion in FY27: Motilal Oswal

New Delhi, Aug. 28 -- India's public market fundraising window has opened up sharply as initial public offerings (IPOs), qualified institutional placements (QIPs), and block deals pick up simultaneous... Read More


NHB classifies Star Housing Finance account as fraud after audits flag phantom loans

Mumbai, Aug. 27 -- National Housing Bank (NHB) has classified Star Housing Finance Ltd's (SHFL), formerly known as Akme Star Housing Finance Ltd, refinance account as "fraud" after snap and forensic a... Read More


Ribbit Capital looks to sell shares worth up to Rs.1,914 crore in Groww

New Delhi, Aug. 25 -- Ribbit Capital is looking to sell up to Rs.1,914 crore ($200 million) worth of shares in Groww parent Billionbrains Garage Ventures Ltd through a block deal, according to deal te... Read More


Boundless VC closes Rs.300 crore fund to back early-stage AI, frontier-tech firms

New Delhi, Aug. 25 -- Artificial intelligence-focused venture capital firm Boundless VC has closed its maiden fund at Rs.300 crore ($35 million), as investors step up bets on early-stage startups buil... Read More


KKR picks minority stake in BookMyShow

New Delhi, Aug. 19 -- Global investment firm KKR will acquire a minority stake in BookMyShow, as the entertainment and ticketing platform seeks to scale its live entertainment business and expand beyo... Read More


Investcorp bets Rs.500 crore on 20Cube 3PL, plans $1 billion India push

New Delhi, Aug. 19 -- Global private equity (PE) firm Investcorp, which has backed Indian companies such as InCred and Wakefit, plans to invest $1 billion in the country over the next five years, draw... Read More


Lightspeed-backed Centricity raises Rs.280 crore led by SMBC Asia Rising Fund

New Delhi, Aug. 13 -- Wealth management startup Centricity has raised Rs.280 crore in a Series A funding round led by SMBC Asia Rising Fund, with participation from existing investors including Lights... Read More


Tiger Global exits Panchayat-creator TVF at a lower valuation

Mumbai, Aug. 12 -- Private equity firm Tiger Global Management has fully exited Indian digital entertainment company The Viral Fever (TVF), creator of shows such as Kota Factory and Panchayat, in a tr... Read More


Fisdom founders set to exit Groww a year after $150-mn acquisition

New Delhi, Aug. 6 -- Fisdom co-founders Subramanya S.V. and Anand Dalmia are set to exit Groww after completing the integration of the wealth management firm Groww acquired last year in one of the lar... Read More


Is MDR coming back on UPI? What the proposed law change means

New Delhi, Aug. 4 -- The government on Monday proposed a bill to amend the Payment and Settlement Systems (PSS) Act, 2007 that could eventually allow merchant discount rate (MDR) to be charged on some... Read More