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NBFCs need more funding options to boost credit growth: Panellists at VCCircle summit

Finance

25 September, 2020

NBFCs need more funding options to boost credit growth: Panellists at VCCircle summit

Non-banking financial companies (NBFCs) need a variety of funding options to achieve pre-pandemic loan disbursal levels and revive credit growth, ......

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Majority investor takes management control of Indian School Finance

Finance

22 July, 2020

Majority investor takes management control of Indian School Finance

Gray Matters Capital, a US-based impact investor that owns a majority stake in Indian School Finance Company Pvt. Ltd, has ......

Baring PE India hits benchmark returns in partial exit from Manappuram Finance

Finance

04 February, 2020

Baring PE India hits benchmark returns in partial exit from Manappuram Finance

Baring Private Equity Partners India Ltd sold more than half its stake in gold loan financier Manappuram Finance Ltd on ......

Fintech startup FinancePeer raises angel funding

TMT

27 September, 2019

Fintech startup FinancePeer raises angel funding

FinancePeer, an artificial intelligence-based school fee financing model, has raised Rs 5 crore ($706,000) in an angel funding round from a ......

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Manappuram Home Finance loses top executive

Finance

19 July, 2019

Manappuram Home Finance loses top executive

A top executive at Manappuram Home Finance Ltd has quit the mortgage lender after a two-year stint, two people privy ......

IFC proposes to invest $30 mn in Indian School Finance Company

Finance

19 June, 2019

IFC proposes to invest $30 mn in Indian School Finance Company

International Finance Corporation (IFC), the private-sector investment arm of the World Bank, has proposed to invest up to $30 million ......

Apax, Baring PE India-backed Manappuram to get debt funding from IFC

Finance

18 February, 2019

Apax, Baring PE India-backed Manappuram to get debt funding from IFC

International Finance Corporation plans to make a debt investment of up to Rs 540 crore ($75 million) in Manappuram Finance ......

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Impact VC investors' planned exit from Indian School Finance faces RBI hurdle

Finance

14 September, 2018

Impact VC investors' planned exit from Indian School Finance faces RBI hurdle

Manappuram Finance Ltd’s proposal to acquire Indian School Finance Company Pvt. Ltd (ISFC) has run into a regulatory hurdle, placing ......

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Gray Matters, Caspian sell entire stake in Indian School Finance to Manappuram

Finance

03 July, 2018

Gray Matters, Caspian sell entire stake in Indian School Finance to Manappuram

Manappuram Finance Ltd has agreed to acquire an 85.39% stake in Indian School Finance Company Pvt. Ltd (ISFC) for Rs ......

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Private bank, financial services firm among suitors for Manappuram

Finance

31 August, 2017

Private bank, financial services firm among suitors for Manappuram

Kerala-based Manappuram Finance Ltd has evinced interest among financial companies seeking to buy a stake in India’s second-largest gold loan ......