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How Padmaja Reddy's Keertana changed tack and upstaged her former venture Spandana

New Delhi, July 17 -- Keertana Finserv Ltd, the non-bank lender started four years ago by Padmaja Reddy after she left Spandana Sphoorty Financial Ltd over disagreements with private equity firm Kedaa... Read More


ChrysCapital logs a rare dud in exit from eight-year-old BFSI bet

New Delhi, July 16 -- Homegrown private equity firm ChrysCapital is exiting a financial services company that it backed around eight years ago with barely any returns on its investment. The PE firm, ... Read More


PE-backed microlender Arohan bags offshore capital to grow loan book

New Delhi, July 16 -- Arohan Financial Services Ltd, which is backed by private equity backers such as Tano Capital, Maj Invest and TR Capital, has tapped an offshore investor for debt capital. The K... Read More


PE-backed microlender Arohan taps offshore capital to grow loan book

New Delhi, July 16 -- Arohan Financial Services, which is backed by entities such as Tano Capital, Maj Invest and TR Capital, has tapped an offshore investor for debt capital. The Kolkata-headquarter... Read More


Tata Capital to acquire Kerala-based gold financier

New Delhi, July 13 -- Tata Capital is set to acquire Kerala-based gold loan financier Yogakshemam Loans in all all-cash deal. The acquisition marks the company's foray into the gold loan business. Yo... Read More


RevX Capital readies two new private credit funds with more in pipeline

New Delhi, July 9 -- RevX Capital, which recently marked the final close of its third private credit fund, is ready with its fourth fund, which is a new offering in the Special Credit Opportunities st... Read More


Vivriti Asset eyes fundraising milestones for two vehicles, to expand debt offerings

New Delhi, July 8 -- Vivriti Asset Management Pvt Ltd, the private credit investing arm of the Chennai-headquartered Vivriti Group, intends to make fundraising milestones of two alternative investment... Read More


Piramal Alts invests $13 mn in auto parts maker

New Delhi, July 7 -- Piramal Alternatives, the fund management arm of the Piramal group, has invested Rs 125 crore (around $13.2 million) in JRG Automotive Industries. The Gururam-headquartered JRG A... Read More


M1xchange leans on geographic expansion for growth; may raise equity capital

New Delhi, July 3 -- The trade-receivables discounting platform M1xchange, backed by several venture capital firms such as Beenext and Filter Capital, is looking to expand operations to new geographie... Read More


Why India's growing private credit market faces risks that are roiling US, Europe

New Delhi, July 2 -- India's private credit market will likely grow at a quick pace in coming years after doubling in size over the last five years but faces risks that have caused turmoil in the US a... Read More