Revenue-based financier Velocity allocates $36 million for SaaS firmsThe 2020-founded startup invests in ecommerce and direct-to-commerce (D2C) companies. It has made about 2,000 investments in the two segmen...
How unique supply chain financing models can address working capital challenges for logistic firmsTalking about the correlation of growth with efficient working capital financing, a paper finds that 70% of the companies that adopt supply...
Amid tightening rules, fintechs step up hiring of legal expertsNearly one-fourth of the more than 200 senior legal and compliance moves in the financial services sector in the last one year was in finte...
ETtech Deals Digest: Another lacklustre week as VCs weigh optionsThis was the third week in a row where startups could not attract big-ticket investments as VCs continue to weigh their options amid tighte...
Fintech platform CredAble raises $9 million in funding led by Axis BankThe company had picked up $30 million as part of its Series B fundraising in October last year, co-led by Plutus Management LLP and Oaks As...
Stocks in the news: ITC, Zomato, Axis Bank, Voda Idea, Adani stocks and oil exportersAdani Group stocks, Godrej CP, IndiGo, PI Industries, Gujarat Gas, Vodafone Idea, Lupin, Aditya Birla Capital, Devyani International and BA...
Private equity fund Oaks Asset Management raises Rs 1,000 crore in fundingThe final close of the new fund is expected by the end of next month. Last year, OAKS Asset Management had launched its second private equi...
CredAble disburses $3 billion to 1,50,000 MSMEs in one yearWorking capital financing remains a challenge for most businesses, especially for the MSMEs that are faced with unending funding woes and r...
CredAble launches credit, cash flow management app for SMEsCredAble recently raised $30 million in its Series B round and is using the funds to enhance the company’s reach as well as solutions for s...
ETtech Deals Digest: PharmEasy, Cred raise funds this weekOnline pharmacy PharmEasy and credit card repayment platform Cred were among the startups that raised funds this week with a significant bu...
CredAble bags $30 million in Series B fundingThe funding comes amid growing investor interest in fintech companies, with the sector attracting the most capital in the year to date.
CredAble ropes in Ranjit Singh as EVP and head of creditAccording to a statement shared by the company, Singh has been a corporate banker for 13 years with Rabobank and Standard Chartered Bank.
MSMEs need easy access to finance for growth post-pandemicThe second wave of Covid-19 threw light on the vulnerabilities in the SME sector like never before. Delayed payments, high informality and ...
CredAble CEO brought things from work to home office as they reminded him of comfort zone, team-matesNirav Choksi brought home some paintings, artefacts and team pictures from office.
True Balance raises $23 million from a cohort of Korean investorsThe company to use the proceeds to expand its loan book, bolster its technology and business-focused talent acquisition efforts across geog...
Fintech startups look for total makeover with lending licenceSome of the fintechs have either secured or applied for a NBFC licence from the Reserve Bank, moving away from the initial plan of pure-pla...
CredAble raises Rs 100 crore from Alpha CapitalNirav Choksi, founder, CredAble told ET that the funds raised would be deployed towards scaling up operations and technology, as well as on...