A Massive ₹1,950 Crore Deal That Just Shook Up India’s Lending Scene
In one of the largest recent private equity moves in India’s fintech space, Swiss private equity powerhouse Partners Group is making a bold bet on a homegrown non-banking financial company (NBFC), Infinity Fincorp Solutions.
The global firm is investing ₹1,950 crore (around $230 million) to acquire a majority stake in the…
In a move that highlights growing confidence in India’s evolving digital credit landscape, Nithin and Nikhil Kamath—the co-founders of Zerodha, the country’s leading online brokerage platform—have acquired a minority stake worth Rs 250 crore in InCred Holdings. This strategic investment underscores the Kamath brothers’ belief in the future of India’s formal and technology-driven…
Mahaveer Finance Bags Rs 200 Crore Funding to Supercharge Growth and Digital Push
In a landmark moment for Chennai’s NBFC sector, Mahaveer Finance has raised a massive Rs 200 crore in equity funding led by Elevation Capital, marking its first venture capital round since launching over 40 years ago.
This fresh capital injection comes as the company eyes big expansion plans, aiming to…
Lendingkart Finance Reports Massive Loss in FY25: What Went Wrong?
Lendingkart Finance, the digital lending arm of the Temasek-backed Lendingkart Group, has hit a financial rough patch. For the financial year ending March 2025, the company reported a net loss of ₹288.3 crore—marking a dramatic turnaround from the ₹60 crore profit it enjoyed just a year ago.
The loss before tax ballooned to…
Got shares or mutual funds? You can now get a loan of up to Rs 1 crore in just 10 minutes—thanks to Jio Finance’s new digital product.
Jio Finance Launches Fully Digital Loan Against Securities
Mukesh Ambani’s Jio Finance Limited has just stepped into the digital lending game—and it’s coming in hot.
In a major move aimed at making personal finance more accessible, the company has…
