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Svatantra to acquire Navi Group’s microfinance subsidiary for $178.6m

Indian microfinance company Svatantra Microfin is set to acquire Chaitanya, a subsidiary of Navi Group, for $178.6 million, becoming the second largest microfinance entity...

Bain Capital buys majority stake in India’s Adani Capital, invests $120m to boost growth

US-based private investment firm Bain Capital will acquire a 90% stake in India's Adani Capital and Adani Housing, bolstering the non-banking financial institution's growth...

ICYMI fintech funding round-up: Kanastra, Majority & Cloudbanking

Here are the key funding updates in the fintech industry:Brazil-based Kanastra raises $13 million in a seed round to enhance its capital markets...

Indian lendtech firm Lentra secures $27m in Series B extension

Indian lendtech firm Lentra has secured $27 million in a Series B extension round led by MUFG Bank and Dharana Capital. The funding will...

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