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BharatPe firmly on profitability track, eyes $100 million roundBharatPe, the fintech once mired in lawsuits and boardroom drama, is on the verge of a turnaround. Sources told us the company expects to p...- Mukesh Bansal’s AI startup raises funds; what’s powering banktech ecosystemHappy Tuesday! Myntra founder Mukesh Bansal’s AI startup has snapped up one of the largest seed rounds in recent years. Details on this and...
- Tide intends to up its customer base in IndiaTide India is run by Gurjodhpal Singh, who was previously with digital payments firm PayU.
- Shivalik Small Finance Bank partners with fintech firm Falcon for developing financial productsShivalik Small Finance Bank has partnered with fintech firm Falcon to develop financial products such as instant Digital FDs and savings ac...
- Capital 2B, IIFL fintech fund lead $5 million investment round in CastlerCastler said that the raised funds will be used to further grow its domestic and cross-border escrow product portfolio.
- Nifty may fall 10%; markets getting excited too soon: Amish ShahIn the near term, the markets may be getting excited too soon. There are risks immediately and that would lead to earnings contraction. I e...
- Indian startup ecosystem gains global recognition: Ashwini VaishnawTerming startups as "accelerators", Ashwini Vaishnaw said the combination of their multiplier force along with the strength of a trusted po...
- Neobank Open acquires Finin in $10 million dealAccording to Open, the acquisition will also further enhance its no-code embedded finance platform Zwitch.
- Open acquires consumer neo-banking platform Finin for $10 millionThe acquisition will strengthen Open's cloud native enterprise offering BankingStack via which it has deployed SME digital banking solution...
- Students ride the crypto wagon; IPO is best for Ixigo, says cofounderThe number of Indian students investing and trading in cryptocurrencies has increased many times over from last year, or for that matter ev...
- Neobank Open raises $100M; Swiggy's social sideIndia’s neobanking startups raised $33.2 million between them in a pandemic-hit 2020. Today we report that the neobank Open has raised more...
- Neobanking startup Open raises $100 million from Temasek, Google, othersPost this funding, Open is now valued at $500 million compared to around $150 million in a previous funding round.
- Open raises $100 million in Series C round led by Temasek, Google, othersOpen offers a neo-banking platform that integrates all the tools used by small businesses and integrates it with the business current accou...
- Zeta becomes 14th Indian unicorn this year after SoftBank fundingBhavin Turakhia's Zeta, the banking technology startup which counts Sodexo and HDFC Bank as partners, has raised $250 million from SoftBank...
- Ever wondered what happens to demonetised currency? Read to knowThis time most of the newly demonetised currency notes will reach the yards of Western India Plywood (WIPL) on the banks of Valapattanam ri...
- RBL IPO opens on Friday, most brokerages have subscribe ratingsThe IPO, the first banking issue since Yes Bank in 2005, will raise up to Rs 1,216 crore by selling 5.4 crore shares at the upper end of th...
- France, Germany, Italy join China-led AIIB: How multilateral development banks stack upThe multilateral bank, with an initial capital of $50 billion, is tipped to be an alternative to the US-dominated, World Bank and Japan-con...
- European banks such as BNP, RBS, Credit Agricole put forex loans to Indian firms on saleBNP, RBS, Credit Agricole and Societe Generale are among the lenders that are believed to be looking for buyers for these assets.
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