Freo to acquire IndiaLends, plans capital raise to fuel expansion

New Delhi, May 6 -- Digital banking platform Freo, operated by MWYN Tech Pvt. Ltd, has agreed to acquire a 100% stake in credit marketplace IndiaLends, whose backers include DSG Consumer Partners, Lon... Read More

Eversource-backed Ecofy gets $15 mn from Natixis affiliate

New Delhi, May 6 -- Ecofy Finance, a non-bank lender backed by private equity firm Eversource Capital, has secured $15 million (nearly Rs 142 crore) in debt funding from Mirova, an affiliate of Natixi... Read More

MedVital, BigEndian, Vobiz.ai, JobsUPI, PinSec bag early-stage funding

New Delhi, May 6 -- Medtech company MedVital, fabless semiconductor startup BigEndian, AI infrastructure startup Vobiz.ai, job-search platform JobsUPI, and financial services startup PinSec.AI have se... Read More

SEBI moots axing concentration-risk norms in securitised assets for RBI-regulated entities

New Delhi, May 5 -- The Securities and Exchange Board of India (SEBI) has proposed doing away with concentration-risk norms for securitised assets where the originator of the securitised pool is an RB... Read More

Blackstone-backed Bagmane REIT raises $121 mn from anchor investors as IPO opens

New Delhi, May 5 -- Bagmane Prime Offices REIT, a real estate investment trust backed by private equity firm Blackstone, has raised Rs 1,149 crore ($120.5 million) from anchor investors ahead of its i... Read More

GIFT City funds get a breather as IFSCA in talks with RBI over disclosure norms

New Delhi, May 4 -- Funds located in GIFT City have received a breather after the International Financial Services Centres Authority (IFSCA) said it was in talks with the Reserve Bank of India over fo... Read More

Carlyle picks majority stakes in two US firms to build RCM platform

New Delhi, May 4 -- Private equity firm Carlyle said Monday it is building a revenue cycle management (RCM) platform by acquiring majority stakes in two US-based companies. Carlyle has taken controll... Read More

Citi appoints Dream11 exec as India M&A head

New Delhi, May 4 -- Citigroup Inc. said Monday it has appointed Raj Rathi as head of mergers and acquisitions (M&A) in India, effective June 2026. He brings over 15 years of experience in investment b... Read More

Tsavorite, CHOSEN, HealthFab, MHYTH raise early-stage funding

New Delhi, May 4 -- AI computing solutions provider Tsavorite, skincare brand CHOSEN, menstrual hygiene company HealthFab, and luxury innerwear brand MHYTH have secured funding in various early-stage ... Read More

Certus Capital backs Vasavi Group's residential project

New Delhi, May 4 -- Real estate-focused alternative investment firm Certus Capital has committed Rs 275 crore (about $29 million) in last-mile funding to a residential project of Hyderabad-based devel... Read More

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