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. Paytm's First Games receives Rs 5,712 crore GST notice

  2. PB Fintech invests Rs 539.4 crore in healthcare unit

  3. MobiKwik sets up wholly-owned unit to operate as an NBFC

  4. Pine Labs promotes CEO Amrish Rau to MD and chairman ahead of IPO

  5. SME lender Finodaya Capital raises $2.5 million led by White Venture Capital
  6. Read more highlights...

Editor's Pick

  1. NPCI’s Silent Power Play: The policy muscle and money behind RuPay’s credit push

  2. BharatPe’s NBFC Trillion Loans FY24 statement: Auditor flags ‘material weakness’ in financial controls

  3. Decoding Stashfin: Business, funding, and culture struggles — can Paytm veteran turn it around?