ChrysCapital Pumps Rs 350 crore into Varthana
Founded five years ago by former ICICI Bank executive Brajesh Mishra and Steve Hardgrave, the NBFC has provided loans to over 3,500 schools since inception.
Priti Rathi Gupta believes money can test your connection with people
When people invest money in each other, they go beyond that and stay co...
Social entrepreneur pitches for co-op model to take jobs to villages
Neelam Chhiber, who was here to participate in the World Economic Forum ...
To create an impact, Aavishkaar's next milestone is Rs 5200 crore
This would mean a growth of 53% in the next six months alone for one of the world's biggest and India's largest impact investment firm.
Despite 50 exits in the last 7 years, how India’s impact investors are scaling up the fund pool
Impact investments in India crossed $1 billion for the first time in 2015 and have the potential to reach $6-8 billion a year by 2025, McKinsey estimates.
Dollar is having a good run, but rupee standing up to it
For the week, expect the Dollar-Rupee pair to quote in the range of 68.30 and 69.20.
Lok Capital eyes $50-m debt fund
Education, healthcare, agriculture, clean energy and financial services will be the key sectors the fund will focus on.
Alteria Capital makes first close of maiden fund at Rs 356 crore
The fund counts institutional investors such as IndusInd Bank and a large family office foundation as anchor investors.
Anand Mahindra ‘rises’ for a good cause
Mahindra will be the first Indian to be part of the apex body of any global PE fund and will steer its efforts in the subcontinent, a key market, said people familiar with the matter.
Fintech startups need to rework their Aadhaar
Startups will now have to include additional documents for verification which will raise costs.
Husk Power raises $20 mn for its mini-grid business
Firm has received the sum from multiple sources and plans to use it in scaling business operations in Asia and Africa.
TPG Growth names Shailesh Rao as its new head for India and SE Asia
Prior to that Rao, a University of Pennsylvania, The Wharton School and Kellogg School of Management alum, spent seven years with Google, where he led YouTube in Asia.
Peer-to-peer lending platform Faircent gets $4m in Series B
This is the second series of fundraising for the startup which had raised $2 million in its Series-A round.
Digital lending to MSMEs poised for major growth in India: Omidyar-BCG report
The report highlights that digital lending to MSMEs is projected to increase between 10 and 15 times by 2023, scaling up to Rs 6-7 lakh crore ($80-100 billion) in annual disbursements.
Capital gains on unlisted entities till Jan 31 to be grandfathered
Jaitley in Budget 2018-19 had reintroduced the LTCG tax on gains exceeding Rs 1 lakh.
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