IIFL Wealth Managment
IIFL, Accion lead round for Indian fintech startup NeoGrowth
IIFL Asset Management and Accion Frontier Inclusion Fund have led a funding round of an undisclosed amount in Indian small retailer-focused fintech start-up NeoGrowth.
India's IIFL to raise $153 million VC fund
IIFL Wealth Management, the Indian financial services firm backed by Fairfax Holdings and the Carlyle Group, will raise a seed venture fund of up to INR10 billion ($153 million).
Fairfax offers to buy 26% stake in India's Carlyle-backed IIFL
Canada-based Fairfax Financial Holdings has offered to buy a 26% stake in Carlyle-backed financial services company IIFL Holdings Limited for INR16 billion ($255 million).
India Infoline buys majority stake in PE firm India Alternatives
IIFL Wealth Management, a listed unit of India Infoline (IIFL) Group which is in turn backed by The Carlyle Group, has acquired a majority stake in PE firm India Alternatives Investment Advisors.