Microfinance company Arohan Financial Services has raised Rs 730 crore in a share sale to private equity investors in one of the largest fund raises by an NBFC-MFI in India in the post-Covid era.
American asset manager Nuveen and Dutch development bank FMO have put in Rs 165 crore each in Arohan while Piramal Alternatives and a European development financial institution invested Rs 200 crore each.
U GRO Capital has raised equity capital of Rs 1,332.66 crore in CCDs and Warrants, along with the acquisition of ‘My Shubh Life’ (MSL), a […]
Axis Bank Limited has announced its financial results for the quarter and nine months ended December 31, 2025, reporting strong year-on-year growth in deposits and […]
Airtel Payments Bank is experiencing “strong tailwinds of demand”, and will grow its banking points and deepen product offering range this year, as it looks […]