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YES Bank, Apollo 24/7 backer Advent International raises $30 bn for global funds

New Delhi, Oct. 27 -- Private equity firm Advent International, which has deployed more than $800 million in India so far this year, said Tuesday it has raised $30 billion in commitments for two globa... Read More


EAAA India Alts targets $1.1 bn valuation in IPO

New Delhi, Oct. 21 -- EAAA India Alternatives Ltd, the alternative investment arm of the Edelweiss group, is targeting a valuation of as much as Rs 10,765 crore ($1.1 billion) in its initial public of... Read More


Premji Invest, Norwest back Vegafin's NBFC acquisition

New Delhi, Oct. 21 -- Vegafin Capital, an MSME lending platform founded by former ICICI Bank executive Bijith Bhaskar, has raised Rs 1,000 crore (about $106 million) from Premji Invest, Norwest Ventur... Read More


Ascertis Credit hits second close of new private credit fund

New Delhi, Oct. 21 -- Ascertis Credit, the private credit firm formerly known as BPEA Credit, said Monday it has marked the second close of its fourth fund after raising $700 million. The fund, with ... Read More


LeapFrog, FMO top up investments in NeoGrowth

New Delhi, Oct. 9 -- NeoGrowth, which focusses on providing loans to micro, small, and medium-sized enterprises, has raised Rs 85 crore (around $8.8 million) in a round led by existing investors the D... Read More


Escorts' Nanda Family Office floats venture arm

New Delhi, Oct. 6 -- The Nanda family, which is one of the promoters of the multinational conglomerate Escorts Kubota, has launched a strategic venture unit Naveli Ventures. Naveli Ventures, the stra... Read More


Airtel Money gets IFC as anchor investor ahead of London IPO

New Delhi, Sept. 30 -- Airtel Mobile Commerce NV, which operates as Airtel Money and is the fintech arm of Airtel Africa Plc, has tapped International Finance Corporation as an anchor investor ahead o... Read More


Lending firms should diversify only if it adds value: VCCircle summit panel

New Delhi, Sept. 21 -- Lenders should diversify their operations only if it adds value to the organisation and not just to derisk their portfolio, otherwise they should focus on specialisation for bet... Read More


Asset quality, management key for financial firms: Blackstone's Mehta at VCCircle summit

New Delhi, Sept. 18 -- Asset quality and the management team are essential metrics when investing in a financial services company, Mukesh Mehta, chief investment officer and senior managing director a... Read More


UGRO Capital taps offshore investor for debt funding

New Delhi, Sept. 16 -- MSME-focussed lender UGRO Capital has tapped an offshore investor for debt capital, it said. The company has raised Rs 380 crore (around $40 million) in debt from Dutch entrepr... Read More