mutual funds
Finance
Now, a lenders' takeover of DHFL just short of two regulatory nods
All banks have consented to converting financially-troubled Dewan Housing Finance Corp. Ltd (DHFL)’s debt into equity, and...
General
Grapevine: IndiGo founders set to reach compromise; TVS may sell stake in warehousing biz
InterGlobe Aviation Ltd, which runs budget airline IndiGo, has finalised a new policy on related-party transactions to address...
Finance
LP commitment to Indian public markets-focused PE and hedge funds remains slow
Capital flow into Indian private equity and hedge funds that focus on public markets remained slow during the January-March quarter...
TMT
Accel, Omidyar Network top up investment in online mutual funds platform Scripbox
Scripbox Advisors Pvt. Ltd, which operates an eponymous online investment platform, has raised $21.7 million (around Rs 151.26...
TMT
Fintech startup Orowealth snaps up India Quotient-backed WealthTrust
Online mutual funds platform Orowealth has acquired wealth management app WealthTrust for an undisclosed amount. The two companies,...
TMT
UK-based angel investors back wealth management app CashRich
Wealth management app CashRich, owned by Thane-based CR Fintech Pvt. Ltd, has raised angel funding worth $1 million (Rs 7 ......
Finance
TA Associates invests in mutual fund distributor Prudent Corporate
US-based private equity investor TA Associates said it has bought a minority stake in Prudent Corporate Advisory Services Ltd, an ......
TMT
Insignia Ventures, Lightbridge Partners back online mutual fund seller Groww
Groww, an online platform that sells direct plans of mutual funds, has raised $1.6 million (Rs 11 crore) in a ......
TMT
Google's Rajan Anandan, LetsVenture & others back mutual fund platform Nivesh.com
Providential Advisory Services Pvt. Ltd, which runs mass market mutual fund investment platform Nivesh.com, has raised seed funding of Rs ......
People
Franklin Templeton names new head for India alternative investment fund biz
Franklin Templeton Mutual Fund, India’s eight largest asset management company by assets under management, has appointed Naganath Sundaresan as the ......