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DIGITAL MICROLENDING VENTURE
ETtech Deals Digest: Startup funding rises to $511.47 million on Udaan boostThe latest week saw about 84% of the total capital being deployed in growth- and late-stage startups. Besides Udaan, it included the likes ...- With technology, Vitto wants to offer smarter solutions for microfinanceA large section of India’s population continues to face a huge credit crunch and most micro borrowers end up taking credit from informal se...
- ETtech Evening Briefing on Mar. 2, 2021: The rise of the Indian influencer-investorContent creators such as Tanmay Bhat and Ranveer Allahabadia are channeling their influencer monies into startups. Nasscom recommends flexi...
- ETtech Deals Digest: Edtech’ buying spree, Fintech’s funding juggernautTata signs $1.2 billion deal to acquire BigBasket. Unacademy acquires TapChief at a valuation of $100 million. Indian startups are testing ...
- Siply raises $1 million in seed funding from Inflection Point VenturesFounded in July 2020 by Sousthav Chakrabarty, Anil Bhat and Nitin Mittal, the micro-savings fintech startup counts Bighaat, Gig4CE, Pickmyw...
- Mobile app-based lender startup, Branch International, enters IndiaIn India, Branch is using mobile technology to break through demographic and geographical barriers to reach first-time borrowers.
- Blume Ventures marks the first close of third fund at $40 millionThe new fund includes anchor investors from India, US, Japan and Asia along with some existing limited partners who have invested in the fi...
- Chinese lenders out for a taste of IndiaWhile India’s rapidly growing fintech sector appears greener to the Chinese companies because of a regulatory clampdown back home, domestic...
- Happy Loans disburses 4000 micro loans within six months of launchHappy Loans was founded by Manish Khera, who was previously the chief executive of Airtel Payments Bank and was the founder of Fino Paytech.
- Investor queue gets longer outside micro loan startupsStartups helping young adults get small loans, typically below Rs 1 lakh, seeing interest from investors, emerges as one of the hottest sec...
- Paytm to disburse small loans to 500 million Indians by 2020Paytm will try to emulate Alibaba’s financial services model to disburse small loans to about 500 million Indians by 2020 and is borrowing ...
- Indian executives rising to top roles in Silicon ValleyMany of the world’s most exciting new companies – Twitter, Dropbox, Tesla and Airbnb among others — are being driven by Indians in top mana...
- Top fifteen stocks in focus in Tuesday morning tradeIndian markets will resume trading on Tuesday and are likely to extend gains. Here is a list of fifteen stocks which are likely to be in fo...
- Microfinance companies like MicroGraam and Rang De take over industry with low cost loansA new breed of micro lenders are quietly challenging the conventional norms of the industry with an internet-based funding model and low-co...
- Need to produce products at 'Chindia' price: Vinod KhoslaYou can't subsidise energy on a large scale because it would bankrupt any govt & every govt that did that would end up like Greece, said Vi...
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