India: MAS Financial shares surge 44% on stock market debut


The Rs2,275-crore initial public offer (IPO), which was open from 6-10 October with a price band of Rs456-459 per share, was subscribed 128.84 times.

People Dealbook: Innoviti appoints Rajesh Prasad as CBO, Signal Hills adds India director

Prasad who joined Innoviti from RuPay, had earlier worked with ICICI, and Canara Bank.

Mumbai-based polyester maker JBF in talks for strategic stake sale

The talks are being helmed by PE fund KKR, which owns close to 20% in the company.

India Dealbook: Lenden Club, OHM Health raise funds; Goodricke acquires Godfrey Phillips’ tea brands

Lenden Club has raised $500,000 in equity investment from Venture Catalyst, Anirudh Damani and an Indian VC fund.

India Digest: Flipkart eyes stake in Future Lifestyle; Adani to bid for Equis Energy assets

Flipkart has reportedly begun discussions to acquire an 8-10% stake in Future Lifestyle Fashions, the listed fashion arm of Future Group.

India: Ivy Cap-backed Clovia to launch overseas ops in Nov; eyes SEA expansion next year

Clovia plans to launch operations in Nepal before entering Southeast Asia

India: Blackbuck raises $7.7m in venture debt from InnoVen Capital

Blackbuck will use the capital for expansion of its service offerings.

India: Capital Small Finance Bank raises $4m from Sidbi, others

The latest round of funding values the small finance bank at Rs465 crore.

India: Financial marketplace BankBazaar raises $30m from Experian

The latest round values BankBazaar at $300 million.

India: Ready-to-cook food brand Fingerlix raises $7m in Series B round

In April this year Fingerlix had raised $3 million from Zephyr Peacock