Banking & Finance

Sugandhi Matta to join CropIn as a board member Bengaluru's CropIn has raised US$20 million in a Series C funding round led by Singapore-based ABC World Asia for global expansion and to continue innovating its machine learning-based predictive analytics platform,...

Angel investors Raaj Kumar funds startup Bangalore's TresMoto, backed by global energy MNC Shell, is set to use an undisclosed amount in seed funding for final stages of product development and homologation of electric scooter. “We have been working on...

Control Risks sees India-China re-evaluate relationship India is expected to resume bilateral trade negotiations with its strategically-aligned partners, such as the UK, the EU and the US, mindful of China’s intentions to create “trade bubbles”, according to Control Risks, the...

Shift in consumers' vehicle-purchasing behaviour The Indian automobile industry is seeing green shoots of recovery amidst the pandemic as consumers are showing preference to owning a vehicle than using public transport and shared mobility, according to OTO Capital which has...

Over $1bn invested in stressed real estate assets With the bankruptcy code getting more established across India, lenders are more secured and seen to be actively investing in stressed real estate opportunities with over US$1 billion having been invested in...

Thattil works on global markets Supported by US$4 million series A funding from Singapore, Pune's omni channel digital payments company, Phi Commerce, to bolster its product offering, expand in existing markets and enter new geographies. The series A was led...

SWELECT selects FinAlyzer for transparent reporting Mumbai's FinAlyzer is to automate and streamline the financial reporting operations of SWELECT Energy Systems, a leading solar power company with a strong presence in the global energy market for over 35 years The...

NBFCs will require additional funding of Rs.1.9-Rs.2.2trn, says ICRA ICRA Ratings has said that Non-banks (NBFC and HFCs) AUM growth would revive in FY2022 to about 7-9% vis a vis a flattish performance in the current fiscal, according to ICRA...

Road project to improve last-mile connectivity, says Zhu The New Development Bank (NDB) is providing US$646 million each for Andhra Pradesh Roads and Bridges Reconstruction Project and Andhra Pradesh Mandal Connectivity and Rural Connectivity Improvement Project, the Finance Ministry said...

Will Air India+Vistara+AirAsia combine for market leadership? Tata Group has a fair chance of bagging Air India along with its subsidiary Air India Express and 50% shares in ground handling unit AISATS (Air India SATS Airport Services), according to a...