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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


Aussie firm Findi's India unit pockets funding cheque

New Delhi, Jan. 12 -- Transaction Solutions International (India) Pvt Ltd, the local arm of Australian company Findi Ltd, is raising Rs 418 crore (A$72 million or US$46.3 million) from Nova Global Opp... Read More


BetterInvest launches media-focussed credit fund

New Delhi, Jan. 12 -- BetterInvest has launched BetterInvest Media Vision Fund - 1, a category II alternative investment fund focussed on the media and entertainment industry in India. The private cr... Read More


Creation Investments marks final close of second credit fund

New Delhi, Jan. 8 -- Global impact investor Creation Investments Capital Management has marked the final close of Impact Credit Fund II, raising over $46 million (Rs 413 crore) in total commitments. ... Read More


LKP Finance acquires stake in Gyftr, to surrender NBFC licence

New Delhi, Jan. 7 -- LKP Finance Ltd has acquired a stake in Vouchagram Pvt Ltd, in a bid to transition to a payments and rewards-oriented fintech from a non-bank lender. Vouchagram operates under the... Read More