In a significant boost to India’s financial inclusion landscape, SAVE Microfinance, part of the SAVE Group, has raised USD 3 million (~INR 26.45 crore) through Non-Convertible Debentures (NCDs) from Impact Investment Exchange’s (IIX) Women’s Livelihood …

Pune-based biomass and biofuel marketplace BiofuelCircle is set to raise INR 70 crore (USD 8.2 million) in a new funding round, a big milestone for the company. The round will be led by existing investor …

Banking infrastructure platform TransBnk has secured USD 25 million (~INR 219 crore) in its Series B funding round, led by Bessemer Venture Partners. The round also saw participation from Arkam Ventures, Fundamentum Partnership, and existing …

For a sector once celebrated as the darling of Dalal Street, India’s non-banking financial companies (NBFCs) are suddenly facing an IPO hangover. What began as a flood of public listings with blockbuster subscriptions and day-one …

In a game-changer for the fight against antimicrobial resistance (AMR), researchers at IIT Madras have developed a chip-based device that delivers antibiotic susceptibility test results in just three hours. The device is called ‘ε-µD’ and …

Unlisted shares of Tata Capital, the financial services arm of Tata Sons, have taken a beating. Trading at INR 795 apiece, the stock has already slipped over 20% from its October 2024 peak of INR …