PB Fintech has incorporated a new step-down subsidiary, Paisabazaar Middle East Marketing LLC, in Dubai, UAE, marking its entry into the regional marketing and FinTech […]
Tag: Investment
Crisil invests Rs 33.25 crore to acquire minority stake in Online PSB Loans
Crisil has completed the acquisition of a minority stake in Online PSB Loans Limited (OPL), a prominent digital credit infrastructure company, for Rs 33.25 crore. […]
Capri Loans raises Rs 2,000 crore in equity to strengthen growth
Capri Global Capital Limited (CGCL) has successfully raised Rs 2,000 crore through a Qualified Institutions Placement (QIP) of equity shares to institutional investors. The capital […]
Aditya Birla Capital infuses Rs 249 crore into its housing finance arm to bolster growth
Aditya Birla Capital Limited (ABCL) has announced a capital infusion of Rs 249 crore into its wholly owned subsidiary, Aditya Birla Housing Finance Limited (ABHFL), […]
Paytm invests $1 million in Brazilian fintech parent company
Paytm Cloud Technologies, a wholly owned subsidiary of Paytm, has approved a $1 million (Rs 8.7 crore) investment to acquire a 25 per cent stake […]
Clix Capital secures Rs 220 crore to power growth in MSME, Education, and Healthcare lending
Clix Capital has secured Rs 220 crore in funding, led by existing investors Apollo Global Management, Pramod Bhasin and Anil Chawla. The company plans to […]
Shivalik small finance bank bags Rs 100 crore in equity investment
Shivalik Small Finance Bank has bagged Rs 100 crore in equity co-led by venture capital firm Lightspeed and Sanjay Nayar-founded Sorin Investments, along with participation […]
Dvara KGFS secures $14.4 million investment from IIX’S Women’s Livelihood Bond 6
Dvara Kshetriya Gramin Financials (Dvara KGFS) has raised $14.4 million through Listed Non-Convertible Debentures (NCDs) from Impact Investment Exchange (IIX). IIX provided Dvara debt capital […]
UAE emerges as fourth largest investor in India in FY23
The United Arab Emirates (UAE), with which India implemented a comprehensive free trade agreement in May last year, has emerged as the fourth largest investor […]
Aditya Birla Group to invest Rs 1,250 crore into its financial services arm
Aditya Birla Group is set to pump in Rs 1,250 crore into its financial services arm Aditya Birla Capital Ltd. The board of Aditya Birla […]