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Peak XV rejigs Surge; Digital lenders power through slowdownHappy Monday! Peak XV Partners is rebooting Surge after executive exits and a broader strategy reset. This and more in today’s ETtech Morni...
Digital lenders clock strong FY26 on sturdier fundamentalsNew-age fintech lenders like Fibe, Navi, and Kreditbee have achieved profitable growth in FY26, demonstrating business maturity despite eco...
Oracle cuts 20% of India staff; War jitters stall fintech IPOsHappy Thursday! Oracle’s global job cuts have impacted 10,000 employees in India. This and more in today’s ETtech Morning Dispatch.
Kreditbee eyes $120 million pre-IPO fundraise at unicorn valuationBengaluru-based Kreditbee is looking to close a $120 million (about Rs 1,000 crore) funding round, which could propel the fintech lending s...
Flipkart eyes food delivery wars; Borrowing costs & fintechsHappy Thursday! Flipkart is exploring an entry into the online food delivery market. This and more in today’s ETtech Morning Dispatch.
Microsoft’s India power play; Insurers’ Fastag ambitionsHappy Wednesday! Microsoft is doubling down on its AI bets in India. This and more in today's ETtech Morning Dispatch.
Top tech and startup stories this weekWelcome to a new edition of ETtech Unwrapped – our weekend newsletter packed with the most important stories this week. Let’s take a look.
Fintech lender Zype raises Rs 90 crore in round led by Japanese VC fund Unleash Capital PartnersExisting investor Xponentia Capital also participated in the funding round. The new round of fundraise should be enough for the company to ...
D2C brands' festive scramble; UPI's consent hurdleEmerging direct-to-consumer brands are competing for the festive spotlight on busy online storefronts. This and more in today's ETtech Morn...
Digital lending startup Fibe eyes $35 million fundraise from IFCIt has sought the participation of its existing investors — Eight Road Ventures, Norwest Venture Partners, and TPG, which had invested thro...
Digital lending startups put off IPO plans amid muted growthDigital lending startups experienced slower growth in FY25 due to rising expenses, tighter regulations, and worsening credit quality, poten...
Several Indian startups end FY24 with better bottom line amid funding challengesMore than two dozen startups in India improved their financial performance in FY24 with a revenue of over Rs 500 crore. Startups like Purpl...
Digital lending slowdown; Swiggy Instamart’s order size challengesHappy Thursday! Regulatory scrutiny is taking a toll on the growth of digital lending startups. This and more in today’s ETtech Morning Dis...
Consumer-lending fintechs report surging numbers in FY24; slowdown emerging in current fiscalFintech firms in consumer lending such as Navi, Kreditbee, Moneyview, and Fibe reported strong profits and revenue growth in the last finan...
ETSA Startup of the Year Lenskart; consumer lending fintechs’ FY24 reportLenskart CEO Peyush Bansal outlined the company's expansion plans, including a new manufacturing plant in southern India, in an exclusive i...
Consumer lending apps on track on profitability frontFreo joins the likes of Navi, Fibe and Kreditbee in profitability, reports positive cash flow over the last four months. They target variou...
Rich Indians a big catch for fintechs, says reportA report released by Elevation Capital shows that together the niche market and the mass market will have a revenue pool of more than $170 ...
Chiratae Ventures marks final close of maiden growth fund at Rs 1,001 croreWith its dedicated growth fund, Chiratae is expected to invest in growth-stage rounds including Series C and above, while taking a sector-a...
Chiratae launches its growth fund, marks first close at Rs 759 croreGrowth fund targets its final close in December this year
- RBNL's Big Magic international launches in Canada
'Big Magic' the new channel has been tailored keeping in minds the sizeable South Asian Diaspora in Canada.