Edelweiss

Cyient Semiconductors on Monday said it has secured financing of USD 30 million (about Rs 286 crore) from funds managed by Edelweiss and affiliated co-investors to scale up its global semiconductor business. The transaction includes an equity investment of about USD 10 million (Rs 100 crore) at a post-money equity valuation of USD 500 million (Rs 4,600 crore), alongside USD 20 million in structured debt designed to support long-duration growth, the company said in a regulatory filing. "This investment is focused on scaling proprietary capabilities in power semiconductors and custom silicon, areas where sustained R&D and IP translate into long-term competitive advantage across multiple product cycles. It positions the company to accelerate execution, expand its product platform, and capture a larger share of the global opportunity while retaining the flexibility to pursue future strategic growth," it said. The funds managed by EAAA India Alternatives Ltd (Edelweiss) and ...

Edelweiss Financial Services sold a 4.4% stake in EAAA India Alternatives for ₹375 crore to key investors as the alternatives platform prepares for a potential IPO

PGIM Inc. is looking to sell its loss-making India asset management unit after seeing little meaningful expansion since it acquired the business from Deutsche Bank AG a decade ago

Edelweiss Life Insurance expects to grow in double digits over the next 2-3 years and hopes to achieve breakeven by FY27, its MD and CEO Sumit Rai has said. "We are about a 14-year-old organisation. The early years, particularly between 2011 and 2016, were a muted period of growth for the life Insurance industry overall. We were also new at that stage and deliberately conservative in how we approached the business. The real inflection in our growth came post 2017-2018," he told PTI. The insurer was primarily a one-channel company early on, he said, adding that "we now operate as a multi-channel insurer, with proprietary and partnership distribution contributing roughly 50-50". The same balance is reflected in the company's product mix as well, he said. The company's consistent focus has been on building a well-diversified, long-term business across channels and products, he added. In FY26, he said, the company is looking to close around Rs 650 crore of new business and a total pre

The asset management company is looking to expand into smaller towns and cities where a growing number of investors are looking to funnel their savings into Indian stocks, Chief Executive Officer said

Edelweiss group's EAAA Alternatives is looking to raise up to $1.5 billion for ESOF IV, targeting private credit opportunities across manufacturing, auto, chemicals and pharma

In this Manager’s Mantra session, Anup Seth, Chief Distribution Officer, Edelweiss Life Insurance provides rich insights on the insurance sector and gives valuable career guidance to the BSchoolers. >

Edelweiss Mutual Fund is set to launch its Altiva Hybrid Long-Short SIF by the end of this month. The fund will focus on fixed income, equity arbitrage, and special situations to drive returns

Global investment firm WestBridge Capital is acquiring a 15% stake in Edelweiss Asset Management for Rs 450 crore, valuing the firm at Rs 3,000 crore, Edelweiss Financial Services announced

Edelweiss Financial Services Ltd (EFSL) on Friday said global investment firm WestBridge Capital is acquiring a 15 per cent stake in Edelweiss Asset Management for Rs 450 crore. This transaction valued the asset management company at around Rs 3,000 crore. The deal is beneficial for all stakeholders and comes at an opportune time for Edelweiss Mutual Fund (MF), as it now shifts into the next phase of growth, Edelweiss Financial Services said in a statement. "For EFSL, this transaction underscores the objective of value creation and value unlock journey in the MF business; for Edelweiss MF, it strengthens the growth trajectory and the path to being an institutionalised independent business; and for WestBridge, it marks a strategic entry into a high-growth, well-governed MF business with proven leadership and scale potential," it added. Edelweiss Mutual Fund, one of the key businesses for Edelweiss Financial Services (EFSL), had total assets under management of Rs 1.52 lakh crore as

With improving market conditions and clearer sector trends, experts say momentum-based index funds could suit investors willing to take short-term volatility

The private sector insurer has been incurring losses and remains reliant on capital infusion from its Indian parent, which in FY25 infused Rs 200 crore into the company

Edelweiss CEO Radhika Gupta has shared 5 vital lessons on work-life balance, debunking 100-hour workweeks and emphasising sustainable success and personal well-being

RBI, in May this year, imposed business restrictions on ECL Finance and Edelweiss ARC

Reliance Infrastructure has brought down its external debt liability to Rs 475 crore. The company's net worth now stands at approximately Rs 9,041 crore

Buyback and tax-free dividend had a gap and an equalisation was needed. Volumes in F&O trading had gone up rapidly and, in a way, the increase in STT on F&O will protect investor interest, he said

The fund has about Rs 13,000 crore, half of that about Rs 6,500 crore is still pending (aka still to be used). That will be utilised over two years

An Edelweiss group arm is planning to raise up to USD 500 million (about Rs 4,143 crore) for its maiden climate fund. Edelweiss Alternatives said the fund will be used in areas of renewable energy, transmission infrastructure, developing electric vehicle infrastructure, green infrastructure, water treatment, transport decarbonisation and industrial decarbonisation. Investors will be offered a long-term viable investment vehicle to participate in the world's largest market for sustainable energy transition and "generate far more worthwhile and steady returns", the company said in a statement on Monday. Edelweiss Alternatives President Subahoo Chordia said about USD 10 trillion of investment is required to achieve India's 2070 net-zero target. "Our climate fund will look to invest in this growing and attractive investment opportunity, while also contributing to achieve the Sustainable Development Goals like climate action, clean energy, clean water, and sustainable cities," Chordia .

Radhika Gupta believes the tax change also had some positive implications for the fund house

Senior Edelweiss officials, accused of abetting the suicide of renowned art director Nitin Desai on Friday submitted to the Bombay High Court that he had started delaying on his loan repayment schedules from the end of 2018. Senior counsel Amit Desai, appearing for Edelweiss Financial Services chairman Rashesh Shah, Edelweiss ARC MD and CEO Raj Kumar Bansal and two other company officials, said a total loan of Rs 181 crore was given to Nitin Desai. The senior counsel said there was no mens rea (intention) or instigation on the part of the accused to cause abetment of Nitin Desai's alleged suicide. A division bench of Justices Nitin Sambre and R N Laddha was hearing petitions filed by the officials and Jitender Kothari, who was appointed by the National Company Law Tribunal (NCLT) as an interim resolution professional, seeking for the FIR to be quashed. The petitioners had sought interim order of protection from any coercive action and for the probe to be stayed in the case pending