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Bottomline: Warburg-backed IndiaFirst Life's FY26 margins improve; IPO in focus

New Delhi, July 2 -- Warburg Pincus-backed IndiaFirst Life Insurance posted an improvement in its value of new business (VNB) margin for the financial year ended March 2026, driven largely by a higher... Read More


TPG-backed Jana Small Finance Bank's parent hit with credit downgrade

New Delhi, July 1 -- Jana Holdings Ltd, the parent company of Jana Small Finance Bank, and a related company have suffered a credit rating downgrade after failing to make debt repayments to private eq... Read More


Kotak Mahindra to buy Deutsche Bank's India retail, wealth management business

New Delhi, June 30 -- Kotak Mahindra Bank has inked an agreement with Deutsche Bank Aktiengesellschaft to acquire the latter's retail banking, private banking and wealth management business in India. ... Read More


RevX marks final close of third private credit fund, to raise new vehicle

New Delhi, June 29 -- RevX Capital has marked the final close of its third private credit fund, after raising the target corpus including the greenshoe option, the investment firm said Monday. The Gu... Read More


Areion Asset floats $60 mn fund for offshore investors

New Delhi, June 25 -- Areion Assets Management, the investment management arm of Areion Group, has launched a Category-III alternative investment fund (AIF) named Areion Growth Fund - GIFT City. Regi... Read More


Rabo-backed Kaleidofin's NBFC arm secures financing from impact investor

New Delhi, June 23 -- Kaleidofin Capital Pvt Ltd, the non-banking financial services unit of Kaleidofin Pvt Ltd, has raised $5 million (around Rs 47.8 crore) in debt from WLB Asset VIIB Pte Ltd. WLB ... Read More


Sify Infinit Spaces taps offshore investor for $71 mn loan

New Delhi, June 19 -- Sify Infinit Spaces, a wholly owned subsidiary of Sify Technologies, has received a $71 million (around Rs 670 crore) in debt financing from International Finance Corporation(IFC... Read More


Godrej Wealth hires former Kotak exec to head private credit ops

New Delhi, June 16 -- Godrej Wealth, a newly launched platform of the Godrej group, has appointed former Kotak Mahindra Bank executive Pavan Manchala as head and chief investment officer for private c... Read More


How are Nexus, Peak XV, other VCs faring as Turtlemint takes a valuation cut in IPO?

New Delhi, June 16 -- Venture capital firms Nexus Venture Partners and Peak XV Partners will generate strong returns on their investments in Turtlemint Fintech Solutions Ltd but some of the company's ... Read More


PE-backed Orange Retail Finance changes course, looks to ramp up gold, MSME loans

New Delhi, June 15 -- Orange Retail Finance, which is backed by the private equity firm Granite Hill Capital Partners, is focussing on ramping up its gold, secured MSME and affordable housing loans in... Read More