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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


Alvarez & Marsal appoints ex Apollo exec Arpito Mukerji as MD

New Delhi, Aug. 13 -- US-based business management consultancy firm Alvarez & Marsal has appointed former Apollo Global Management executive Arpito Mukerji as the managing director within its financia... Read More


SMFG India Credit appoints veteran banker Ravi Narayanan as CEO

New Delhi, Aug. 13 -- SMFG India Credit has appointed former Axis Bank executive Ravi Narayanan as its chief executive officer with effect from August 28. Narayanan succeeds the former MD and CEO Sha... Read More


PE-backed Ummeed Housing snags $28 mn from offshore investor

New Delhi, Aug. 5 -- Gurugram-based Ummeed Housing Finance, which counts A91 Partners and Norwest Venture Partners as its investors, has secured debt capital from an overseas investor. The non-bankin... Read More


PE-backed Ugro elevates senior exec as CEO

New Delhi, June 24 -- Ugro Capital, fresh off its acquisition of private equity-backed Profectus Capital, has appointed Anuj Pandey as its new chief executive officer. Pandey, a founding team member ... Read More


Ace investors Prashant Jain, Madhu Kela's firms bet on Capri Global

New Delhi, June 13 -- Prashant Jain, former chief investment officer of HDFC Mutual Fund, and well-known stock market investor Madhusudan Kela have bet on a financial services company through their re... Read More


Bajaj Finserv appoints former Kotak executive Lakshmi Iyer to lead investments

New Delhi, June 10 -- Bajaj Finserv has appointed Lakshmi Iyer as group president for investments, effective August 1, the company announced in an exchange filing. Iyer previously served as CEO of in... Read More


Zaggle to buy VC-backed spend management platform Dice Enterprises

New Delhi, June 5 -- Software-as-a-services firm Zaggle Prepaid Ocean Services Ltd said Thursday it has agreed to acquire spend management startup Dice Enterprises for Rs 123 crore ($14.3 million). "... Read More