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 Highlights

  1. Paytm posts net profit of Rs 123 crore in April-June

  2. EduFund raises $6 million in Series A funding

  3. Crypto exchange CoinDCX loses $44 million in hack

  4. Altum Credo raising additional Rs 100 crore in extended Series C funding

  5. Paytm Money to rope in HDFC Securities executive as CEO: report
  6. Read more news...

AI/Emerging Tech

  1. Perplexity AI in talks with phone makers to pre-install Comet browser

  2. Nvidia's H20 AI chip stock for China falls short

  3. Anysphere acquiring top engineers from AI-powered CRM startup Koala

  4. Perplexity ties up with Bharti Airtel to provide 12-month free Pro subscription

  5. Meta ropes in two senior Apple AI researchers
  6. Read more news...

Editor's Pick

  1. RBI vs Government: The battle over India’s digital payments ecosystem explained

  2. What led Google-backed DotPe to shut down its lending unit

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