Finarkein Analytics raises $4.75M in pre-Series A round led by Nexus Venture Partners

Pune-based Finarkein Analytics on Tuesday said it raised $4.75 million in a pre-Series A round led by Nexus Venture Partners. Existing investors IIFL’s Fintech Fund and Eximius Ventures, and angels like Uni’s Nitin Gupta and Ashika Group’s…

Continue ReadingFinarkein Analytics raises $4.75M in pre-Series A round led by Nexus Venture Partners

Kae Capital appoints Abhishek Srivastava, Gaurav Chaturvedi as General Partners

Pre-seed institutional fund Kae Capital promoted Gaurav Chaturvedi to General Partner on Tuesday and appointed Abhishek Srivastava as General Partner.Previously, Srivastava served as the founding director of Endiya Partners, an…

Continue ReadingKae Capital appoints Abhishek Srivastava, Gaurav Chaturvedi as General Partners

Co-branded credit cards are poised to outpace traditional credit cards: report

Co-branded credit cards are experiencing a surge in popularity in the country and are poised to grow 2x faster than traditional credit cards, according to a report by RedSeer Strategy…

Continue ReadingCo-branded credit cards are poised to outpace traditional credit cards: report

Paytm Money appoints NV Srinivasan as non-executive independent director

Paytm Money Limited, the wholly-owned subsidiary of One97 Communications Limited, has appointed Narasinganallore Venkatesh Srinivasan as non-executive independent director.Srinivasan's career spans over four decades in finance, risk management, capital markets,…

Continue ReadingPaytm Money appoints NV Srinivasan as non-executive independent director

CCI proposes amendments to recruitment rules to enhance efficiency

The Competition Commission of India (CCI) has proposed changes to recruitment rules aiming to support the regulator's professional and administrative capacities in light of its growing obligations.These modifications are a…

Continue ReadingCCI proposes amendments to recruitment rules to enhance efficiency

Warburg Pincus exits MedPlus Health Services; sells 11.35% stake for Rs 836 Cr

Private equity major Warburg Pincus on Monday exited MedPlus Health Services by selling its entire 11.35% stake in the pharmacy chain for Rs 836 crore through an open market transaction.As…

Continue ReadingWarburg Pincus exits MedPlus Health Services; sells 11.35% stake for Rs 836 Cr