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Private Equity | 22 December 2014
Utkarsh MFI Secures Funding From Lok Capital, CDC Group

Utkarsh MFI Secures Funding From Lok Capital, CDC Group

Impact investment fund Lok Capital along with CDC Group plc, have made an investment of $21 Mn in Varanasi based micro finance company Utkarsh. This round also witnessed participation from its existing investors Aavishkaar Goodwell, Microfinance Development Fund, IFC and Norwegian Microfinance.

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Mergers & Acquisitions | 22 December 2014
Rupert Murdoch's News Corp Acquires BigDecisions.com

Rupert Murdoch's News Corp Acquires BigDecisions.com

Rupert Murdoch controlled media firm, News Corporation has acquired Mumbai based BigDecisions, a financial planning portal. The financial details of the deal remain undisclosed.

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