Sachin Bansal's Navi buys insurer, seeks bank licence Sachin Bansal's Navi buys insurer, seeks bank licence Rishikesh Gaikwad / Monday, January 13, 2020 0 2859 Article rating: 2.6 Flipkart co-founder Sachin Bansal has acquired a general insurance company and applied for a bank licence, as he takes rapid strides to build a diversified financial service business after leaving the online retailer in 2018. Read more
CDC Group invests $57 million in Cholamandalam CDC Group invests $57 million in Cholamandalam Rishikesh Gaikwad / Monday, January 13, 2020 0 3056 Article rating: 5.0 CDC Group Plc, the UK government’s development finance institution, has invested Rs 400 crore in Cholamandalam Investment and Finance Company Ltd through 10-year masala bonds. Read more
Everstone investing in KKR-backed Slayback Pharma Everstone investing in KKR-backed Slayback Pharma Rishikesh Gaikwad / Tuesday, January 7, 2020 0 1703 Article rating: 4.7 Everstone Capital will invest up to US$50 million (about Rs 360 crore) in US-headquartered Slayback Pharma LLC, in its latest bet of the private equity firm, backing a drugmaker. Slayback will use the funds to expand its generic and speciality pharmaceutical product pipeline Read more
Rivigo raises debt funding from Trifecta Capital Rivigo raises debt funding from Trifecta Capital Rishikesh Gaikwad / Monday, January 6, 2020 0 2379 Article rating: 3.7 Gurugram-based tech-enabled logistics services provider, Rivigo Services Pvt. Ltd, has raised Rs 25 crore (approximately US$3.46 million at current exchange rates) in debt funding from venture debt firm, Trifecta Capital. Read more
Satin Creditcare Network raises debt capital Satin Creditcare Network raises debt capital Rishikesh Gaikwad / Monday, January 6, 2020 0 3086 Article rating: 2.8 Microfinance firm Satin Creditcare Network Ltd has raised US$15 million in debt from the Development Bank of Austria (Oesterreichische Entwicklungsbank AG or OeEB). Read more