SK Finance, an NBFC engaged in used and new vehicle financing and secured business loans, completed an equity round totalling Rs 1,328 crore from the […]
Tag: nbfc
InPrime Finserv raises $3 million in Series A round
InPrime Finserv has raised $3 million in Series A round led by Matrix Partners India. The round also saw participation from existing investors, InfoEdge Ventures, […]
Digital lending systems need self-regulation
“If you are doing business genuinely, you don’t want unethical creatures to creep in,” quipped Raman Aggarwal, in his Keynote Address at the beginning of […]
Fintech Slice gets RBI approval to merge with North East Small Finance Bank
Credit card and digital payments unicorn Slice has announced that it is merging with North East Small Finance Bank (NESFB). According to the fintech firm, […]
Prest Loans elevates Tarun Kacholia to CBO role
Prest Loans has elevated Tarun Kacholia from Vice President – Business Development to the role of Chief Business Office (CBO) of the company with immediate […]
Satya MicroCapital raises Rs 53 crore in ECB from German bank
Microfinance company Satya MicroCapital raised about Rs 53 crore in external commercial borrowing from a German co-operative bank, which focuses on sustainable development. The deal […]
Veritas Finance raises Rs 1,200 crore
Veritas Finance Private Limited has raised Rs1,050 crore from Multiples Private Equity along with its co-investors including International Finance Corporation (IFC) to expand access to […]
Piramal Capital to sell more loans for Rs 1,669 crore
Piramal Capital & Housing Finance is in talks to sell a stressed loan portfolio worth ₹2,437 crore spread across 14 accounts to JM Financial ARC […]
JM Financial hits 1st close of ₹600cr for its maiden credit fund
Financial service group JM Financial has hit the first close of its maiden performing credit fund – JM Credit Opportunities Fund – 1 – raising […]
Sundaram Alternates launches Rs 1,500 cr realty private credit fund
Sundaram Alternates, an arm of Chennai-based Sundaram Group, on Thursday launched its fourth high-yield credit fund with a corpus of Rs 1,500 crore. The new […]