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Crisil to acquire Canada's McKinsey PriceMetrix for $38 mn

New Delhi, Sept. 25 -- Credit rating and research firm Crisil Ltd has inked a deal to acquire McKinsey PriceMetrix Co, a Canada-based step-down subsidiary of McKinsey & Co. Mumbai-listed Crisil, majo... Read More


Dhruva Capital forays into microfinance with Vector Finance merger

New Delhi, Sept. 19 -- Kolkata-headquartered Dhruva Capital Services, a non-bank lender engaged in the business of investment and financing, has announced a strategic merger with Odisha-based Vector F... Read More


FinBox collects Series B cash from WestBridge, others

New Delhi, Sept. 17 -- FinBox, a fintech startup that provides credit infrastructure, said Wednesday it has raised Series B funding led by homegrown private equity firm WestBridge Capital. The total ... Read More


PE-backed Pine Labs and Hero Motors, MTR parent Orkla get SEBI nod for IPOs

New Delhi, Sept. 15 -- Fintech company Pine Labs, backed by venture capital firm Peak XV Partners and private equity firm Madison India Capital, has received approval from the Securities and Exchange ... Read More


Multi-family office Entrust names co-founder Sreepriya as CEO

New Delhi, Sept. 12 -- Entrust Family Office has named co-founder Sreepriya NS as its chief executive officer, the multi-family office said Friday. In her new role, Sreepriya will lead Entrust's next... Read More


Temasek-backed Prudent Corporate to buy Indus Capital's mutual fund distribution business

New Delhi, Sept. 10 -- Prudent Corporate Advisory, an independent distributor of wealth and insurance products backed by Singapore's Temasek, has inked a deal to acquire Indus Capital's mutual fund di... Read More


Centrum-backed Modulus Alts closes second India credit opportunities fund

New Delhi, Sept. 1 -- Private credit investor Modulus Alternatives has completed the final close of its second India Credit Opportunities Fund (ICOF II). The fund, which will focus on performing priv... Read More


Warburg-controlled Vistaar adds MO Alts, three other PE investors on cap table

New Delhi, Aug. 25 -- Vistaar Financial Services Pvt Ltd, a non-bank lender majority owned by private equity firm Warburg Pincus, has concluded a Rs 1,360 crore ($156 million) round of funding that in... Read More


Lightspeed, PremjiInvest lead $170 mn funding in Weaver Services

New Delhi, Aug. 19 -- Weaver Services, a housing finance company backed by private equity firm Gaja Capital and impact investor Lok Capital, said Tuesday it is raising $170 million (Rs 1,482 crore) in... Read More


Gaja Capital-backed Weaver Services set to raise funds, add new investors

New Delhi, Aug. 19 -- Weaver Services, backed by Gaja Capital and Lok Capital, is set to raise fresh capital and bring new investors on board. The fundraise comes amid reports that the non-bank lende... Read More