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TPG-backed fintech platform Fibe bags $35 mn cheque from IFC

New Delhi, Dec. 9 -- Fintech platform Fibe has raised $35 million (Rs 314 crore) from the International Finance Corporation (IFC), the private-sector investment arm of the World Bank Group, in its Ser... Read More


Blacksoil Capital raises $7.2 mn from FMO, Caspian founder

New Delhi, Dec. 9 -- BlackSoil Capital has received an equity infusion of Rs 65 Crore (around $7.2 million) from Dutch entrepreneurial development bank FMO, and Caspian Debt founder Viswanatha Prasad.... Read More


Macquarie Asset appoints former Avendus exec Jhawar as India real assets head

New Delhi, Dec. 8 -- Macquarie Asset Management has appointed former Avendus executive Prateek Jhawar as head of real assets in India. Jhawar will take charge in January, the company said in a press ... Read More


Areion Asset marks first close of special situations fund

New Delhi, Dec. 8 -- Areion Asset Management, the alternative investment fund (AIF) arm of Areion Group, has completed the first close of Scheme IV under its Category I Special Situation Fund. The fu... Read More


Motilal Oswal Alts eyes private credit foray, plans $336 mn fund

New Delhi, Nov. 27 -- Motilal Oswal Alternates has initiated regulatory processes to launch its private credit business. The company's maiden private credit fund aims to raise Rs 3,000 crore (around ... Read More


Equirus appoints former ASK Group exec Jain to head NBFC operations

New Delhi, Nov. 27 -- Equirus Group, a Mumbai-based financial services firm, has appointed former ASK Group senior vice president Manishkumar Jain as chief executive officer of Equirus Finance, its ne... Read More


Kedaara-controlled Spandana Sphoorty appoints former HDFC Bank exec as CEO

New Delhi, Nov. 26 -- Spandana Sphoorty Financial Ltd, which is controlled by private equity firm Kedaara Capital, has appointed former HDFC Bank executive Venkatesh Krishan as its new managing direct... Read More


Ace Insurance names former Mercer exec as president after Blackstone takeover

New Delhi, Nov. 24 -- Ace Insurance Brokers, which is private equity firm Blackstone's latest acquisition in India, has appointed former Mercer executive Arvind Laddha as president. Laddha will repor... Read More


Groww delivers profit after market debut despite revenue dip

New Delhi, Nov. 21 -- Billionbrains Garage Ventures, the parent company of stockbroking platform Groww, reported a 12% year-on-year rise in net profit for the first half of FY26, marking its first ear... Read More


Creador buys into IKF Finance as Accion scores an exit

New Delhi, Nov. 17 -- Creador, the South and Southeast Asia-focused private equity firm founded by former ChrysCapital partner Brahmal Vasudevan, has invested in Indian non-bank lender IKF Finance Ltd... Read More