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ACCION VENTURES
Porter's pre-IPO fundraise; OpenAI scales India plansPorter is about to close an extended funding round, which could be one of the largest this year. This and more in today's ETtech Morning Di...- US visa squeeze hits Indians; Kiranas, Q-comm go lean before GST 2.0US visas will become harder for Indians as the Trump administration shuts down a popular fast-track route. This and more in today’s ETtech ...
- Global impact investor Accion closes $61.6 million second fund, aims to allocate 30% to Indian startupsThis is the second fund for Accion Venture Lab, which has invested in Indian fintech startups such as MSME lending company Aye Finance, con...
- B2B industrial solutions provider Magma raises $5 million from Capria Ventures, othersMagma, a B2B industrial solutions provider, has raised $5 million in a round led by Capria Ventures, with participation from General Cataly...
- Agri-processing platform Agrizy raises Rs 82 crore in Series A fundingIndia's $400 billion agri-processing market, even though growing by 9% annually, faces a bottleneck -- only 10% of farm produce gets proces...
- Supply chain finance startup Cashinvoice raises $3.4 million in funding round led by Pravega VenturesThe company has been engaged with HDFC Bank for the last two years to digitise the latter’s internal supply chain finance. The startup will...
- Cashinvoice gets funding from Accion Venture Lab, sets SME financing disbursal target of Rs 10,000 crThe company aims to bridge the $400 billion credit gap within the MSME segment through cost effective and hassle-free access to supply chai...
- LGT Lightstone Aspada leads $7 million funding round in micro-lender SmartCoinBengaluru-based startup to use proceeds to grow its loan book to Rs 1,500 crore, and double its user base to 10 million in the next 12 mont...
- SMEcorner raises $30 million in Series B fundingThe SME-focussed fintech non-banking financial company plans to lend Rs 1,000 crore by the end of next financial year. The company got its ...
- SME Corner gets Rs 90 crore in equity, debtSME Corner, which lends money to small retailers in nine cities across three states, intends to use the proceeds to scale up operations to ...
- SMECorner raises $7 million from Capital First, Accion Venture Lab, OthersSMECorner, which enables small and medium enterprises to access loans from banks and NBFCs, will use the capital to scale its loan book by ...
- Toffee Insurance raises $1.5 millionThe firm said that buying insurance on its platform takes less than 90 seconds and simple claims are processed in under two hours via a com...
- Fintech startup Aye Finance raises Rs 25 cr from Vivriti CapitalThe company has previously raised funds from venture capital funds Accion International, SAIF Partners and LGT Impact Ventures.
- CreditMantri eyes Rs 51 crore in Series BThe resolution for the fundraise was approved at an extraordinary general meeting of the company's members on February 9 to increase the au...
- Financial services company CreditMantri gets Rs 16 croreThe online platform — cofounded by three former Citibank executives R Sudarshan, Gowri Mukherjee and Punja — helps people become eligible f...
- Artoo IT Solutions raises Rs 3.1 crore Series A funds from Accion Venture Lab, Artha InitiativeThe company plans to use this funding to hire more people in order to expand to South East Asia, starting with the Philippines by the end o...
- Accion, SAIF Partners to invest $1 million in Aye Finance"MSMEs represent a highly undeserved 'missing middle' market in India," Accion's president and chief executive Michael Schlein said.
- Frontier Investments to set up fund for emerging economiesFrontier Investments is in the final stages of setting up its first fund focused on emerging economies, with India as a priority market.
- Frontier Investments to set up fund for emerging economiesFrontier Investments Group is in the final stages of setting up its first fund focussed on emerging economies, with India as a priority mar...
- Accion International launches $10 million investment vehicle, Venture LabAccion International has launched its $10 million investment vehicle, Venture Lab, which is focused on providing seed capital to organisati...
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