Alternative Investment

Neo Asset closes second private credit fund at Rs 2,000 crore

Neo Asset closes second private credit fund at Rs 2,000 crore

10 Apr 2025, 01:36 AM

Launched three months ago, NSCOF-II -- a SEBI-registered Category II Alternative Investment Fund (AIF) -- is targeting a total corpus of Rs 5,000 crore.

InCred Alternatives close maiden PE fund at Rs 575 crore

InCred Alternatives close maiden PE fund at Rs 575 crore

10 Apr 2025, 01:12 AM

The IGPF-I Fund has secured capital commitments in excess of Rs 575 crore, which is above its target size of Rs 500 crore, the company said.

BlackSoil-Caspian Debt merger gets the RBI approval

BlackSoil-Caspian Debt merger gets the RBI approval

02 Apr 2025, 17:20 PM

This marks a crucial step toward finalisation of the merger, with only the National Company Law Tribunal (NCLT) approval remaining.

Strata, Avigna, and the Hosur mystery: Fundraising, family ties, and investor fallout

Strata, Avigna, and the Hosur mystery: Fundraising, family ties, and investor fallout

18 Feb 2025, 08:33 AM

The fractional property ownership platform—backed by Elevation Capital and Nikhil Kamath-backed Gruhas VC—has become embroiled in a legal dispute with Avigna.

Fintech Hightlights

  1. PhonePe acquires Gupshup's GSPay IP to launch UPI on feature phones

  2. API infra firm Decentro raises Rs 30 crore in Series B led by Info Edge

  3. Walmart-owned Flipkart gets NBFC licence from the Reserve Bank of India

  4. LoanTap raises Rs 74 crore to double down on supply chain financing

  5. Agri loan startup Arya.ag appoints ex-Indifi exec as group CFO

  6. Read more highlights...

Editor's Pick

  1. Madras HC grants anticipatory bail to Strata founder in email impersonation case

  2. Exclusive: Paytm’s payment aggregator unit fires all senior executives

  3. UPI’s Zero-MDR (Illusion) Model is Cracking – Who’s Really Paying the Price?