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CapitalG, Alpha Wave-backed Aye Finance's IPO fails to get 100% subscription

New Delhi, Feb. 12 -- The initial public offering of non-bank lender Aye Finance Ltd, which counts a number of private capital and venture capital firms as its investors, was subscribed just 97% at th... Read More


Carlyle returns to India's housing finance sector with $230-mn deal for Edelweiss unit

New Delhi, Feb. 10 -- Private equity firm Carlyle is acquiring a majority stake in the mortgage lending arm of Edelweiss Financial Services Ltd, marking its return to a sector where it has previously ... Read More


Aditya Birla Sun Life AMC marks final close of special opportunities AIF

New Delhi, Feb. 9 -- Aditya Birla Sun Life Asset Management Company (ABSL AMC) has announced the final close of the Aditya Birla Sun Life India Special Opportunities Fund. The multi-cap equity altern... Read More


Investcorp leads Series C funding in Easy Home Finance

New Delhi, Jan. 29 -- Easy Home Finance Ltd, which is backed by mid-market private equity firm Xponentia Capital, has raised $30 million (around Rs 276 crore) in a Series C round led by Bahrain-based ... Read More


Gold-loan NBFC Indel Money taps Kotak fund for $11 mn debt

New Delhi, Jan. 22 -- Gold loan-focused Indel Money has raised Rs 100 crore (around $11 million) in debt from Kotak Credit Opportunities Fund. As part of the deal, the fund has subscribed to non-conv... Read More


Centrum-backed Modulus Alts floats third private credit fund

New Delhi, Jan. 20 -- Private credit investor Modulus Alternatives has rolled out its third performing private credit fund with a target corpus of Rs 2,000 crore ($220 million), including a greenshoe ... Read More


Wonder Home Finance raises $55 mn from Growtheum Capital

New Delhi, Jan. 20 -- Wonder Home Finance, part of the RK Group, has raised $55 million (around Rs 500 crore) from Singapore-based private equity firm Growtheum Capital in its first round of external ... Read More


Mufin Green Finance snags $12 mn from European development financier

New Delhi, Jan. 20 -- Non-bank lender Mufin Green Finance Ltd, which is backed by Belgium-based impact investor Incofin, is raising up to $12 million (about Rs 109 crore) from Finnish development fina... Read More


Piramal Finance raises $350 mn from IFC, ADB in first DFI deal

New Delhi, Jan. 14 -- Piramal Finance has raised $350 million (Rs 3,156 crore) in debt capital from the International Finance Corporation (IFC) and the Asian Development Bank (ADB), marking its first ... Read More


Neo Wealth ropes in former UBS exec as vice-chairman

New Delhi, Jan. 12 -- Neo Wealth and Asset Management has appointed former UBS Wealth Management executive Puneet Matta as its co-founder and vice chairman, the company announced in a Linkedin post. ... Read More