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DMI SPARKLE FUND
Account aggregator Finvu secures $15 million from WestBridge Capital, existing investorsFinfactor, parent of account aggregator Finvu, has secured $15 million in a funding round led by WestBridge Capital. The capital will fuel ...- M2P Fintech inches closer to unicorn status with $80 million funding from Helios, Bank Muscat, othersM2P Fintech is set to close a $80 million funding round with Helios Investment Partners leading the round and Bank Muscat participating. So...
- Aurionpro Solutions to acquire fintech startup Arya AI for $16.5 millionAurionpro Solutions acquires Arya.ai for $16.5 million, gaining a 67% stake. The deal enhances Aurionpro's business offerings with AI capab...
- EazyDiner raises Rs 40 crore in funding from DMI’s Sparkle FundThe startup, present in India and United Arab Emirates, will utilise the capital to expand its business to 100 cities from 30 currently and...
- Scripbox makes senior appointments to finance, design teamsThe new appointments will play a significant role as the company advances through key inflection points in the coming year. Krishnan will b...
- Device management startup Servify raises $65 million in funding led by Singularity GrowthSources suggest that the recent funding has taken Servify’s valuation to close to $800 million as the startup eyes an IPO in the coming 18-...
- ETtech Deals Digest: Investors continue to exercise cautionFor the second week, no big funding took place as VCs continued to exercise caution in an uncertain economic environment.
- Mobile-based point-of-sale startup QueueBuster raises $8.16 million led by Chiratae VenturesFounded in 2016 by Varun Tangri, QueueBuster is a full-stack mobile PoS application provider, which helps businesses to manage billing, inv...
- Setu gets in-principle RBI nod for account aggregator licencePine Labs acquired Setu in a cash-and-stock deal worth $70-75 million last month.
- M2P Fintech acquires Finflux to boost digital lending capabilitiesFor M2P, the acquisition will allow it to improve workflow automation and roll out support for lending products.
- NBFC account aggregator Finvu AA raises $2.5 million from Varanium Nexgen Fund, othersFinvu AA is the first Indian NBFC account aggregator to receive an operating license from the RBI.
- Revenue-based finance firm GetVantage raises $36 million from Varanium Nexgen, othersGetVantage will use the capital to drive growth of its performance-based financing solution and embedded finance products.
- Point-of-sale startup QueueBuster lands Rs 63 crore fundingThe company plans to use the funds to expand merchant base and improve its product.
- Financepeer bags $31 million in funding from QED, Aavishkaar CapitalThe company had raised $3 million in 2020 from MS Fincap, Danube, Aar Em Ventures, Angelbay Holdings, JITO Angel Network, and HEM Angels.
- M2P Fintech raises $56 million led by Insight Partners, valuation jumps to $600 millionM2P Fintech provides API infrastructure which enables businesses of any scale to embed financial products. It currently works with more tha...
- Scripbox raises $21 million in funding round led by Accel PartnersThe Bengaluru-based online wealth manager plans to use the funds to bolster its new product verticals, expand customer base and partner wit...
- M2P Fintech raises funds from Tiger Global, others at $335 million valuationM2P Fintech, which specialises in providing digital banking infrastructure to other fintech firms as well as banks, will use the funding to...
- Insurtech startup Riskcovry gets $5 million in Series A fundingInsurtech startup Riskcovry will utilise the funding to build new insurance products, invest in its data science team and products, and qua...
- Servify raises $23 million financing led by Iron PillarThe company is looking at exiting fiscal year 2021 with revenue of around $30 million, and monthly revenue run rate of $7 million by the en...
- Monsoon CreditTech becomes part of Mastercard's Start Path program, secures new fundingMonsoon has been able to convince its clients on what it has to offer and this gets validated when clients become investors.
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