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True North ropes in former KKR managing director to lead credit vertical

People

16 February, 2021

True North ropes in former KKR managing director to lead credit vertical

Mid-market private equity firm True North has recruited Kapil Singhal, a former KKR managing director, to head its credit platform, ......

Kotak Investment hits final close of special situations fund at $1 bn

Finance

12 August, 2019

Kotak Investment hits final close of special situations fund at $1 bn

Kotak Investment Advisors Ltd, the alternative asset management arm of Kotak Group, said on Monday it has hit the final ......

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FirstRand Bank India to expand team, add mezzanine debt vertical

Finance

10 July, 2019

FirstRand Bank India to expand team, add mezzanine debt vertical

FirstRand Bank India is looking at balance sheet mezzanine funding to complement its investment banking business and expand its team ......

Indian firms feel the pinch amid falling inflation, high interest rates

Economy

03 April, 2019

Indian firms feel the pinch amid falling inflation, high interest rates

Indian businesses are getting squeezed. As economic growth slows and inflation sinks they have little ability to raise prices without ......

Bharat Innovation Fund leads extended Series B investment in CreditVidya

TMT

29 January, 2019

Bharat Innovation Fund leads extended Series B investment in CreditVidya

InfoCredit Services Pvt. Ltd, which operates credit-scoring platform CreditVidya, has raised $3 million (Rs 21.3 crore at current exchange rates) ......

Will Flipkart's ‘buy now, pay later' feature emulate the magic of cash on delivery?

TMT

23 June, 2017

Will Flipkart's ‘buy now, pay later' feature emulate the magic of cash on delivery?

India's largest e-commerce company Flipkart has a knack for springing surprises with bold, audacious moves. In 2010, when online payment ......

Samena to merge India credit biz with Catalytic

Finance

14 June, 2017

Samena to merge India credit biz with Catalytic

Private equity firm Samena Capital Investments Ltd is looking to merge its Indian credit business with homegrown private credit investment ......

Digital lending startup SimpliLend raises angel funding

TMT

30 May, 2017

Digital lending startup SimpliLend raises angel funding

Delhi-based Simplified Fintech Pvt. Ltd, which operates yet-to-be-launched online lending platform SimpliLend, has bagged an undisclosed amount in angel funding ......

PayU to widen fintech play, bets on cross-border payments, offline business

TMT

28 February, 2017

PayU to widen fintech play, bets on cross-border payments, offline business

Naspers-owned payments gateway PayU India is betting big on the fintech space in India. While its primary focus will be ......

How bank credit fell across sectors after demonetisation

General

04 January, 2017

How bank credit fell across sectors after demonetisation

The government’s 8 November decision to ban high-value notes has not only caused a cash crunch but also hit business ......