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GANESH RENGASWAMY
Lifeline for ZestMoney to turn around business as existing backers pump fundsThe funding comes in the wake of payments major PayU writing off its investment in the company. Last fiscal, PayU’s close to 15% stake in Z...- CCI’s Google fines draw global interest; crypto giant Binance to acquire rival FTXAntitrust regulators in Australia and Germany are among those following recent action by the Competition Commission of India against Google...
- Quona Capital closes $332 million fund to invest in fintech startups in emerging marketsThis raises Quona Capital’s aggregate committed capital since inception to over $745 million. The company has backed startups such as ZestM...
- Fintech startup Tortoise raises $2.3 million in funding led by Vertex VenturesThis is Tortoise's second round of funding in the last 12 months. The startup has raised a total capital of $3 million to date.
- Bureau raises $12 million Series A funding led by QuonaFrictionless verification and fraud protection platform Bureau, announced a $12 million Series A round led by Quona Capital with participat...
- Codingal raises $1.2 million in seed funding roundThe edtech startup intends to turn its platform into a more personalised learning experience, it said in a press statement on Wednesday. It...
- Healthtech startup Onsurity gets $16 million from Quona Capital, othersFounded in 2020 by Agarwal and Kulin Shah, Onsurity provides a self-serve platform where organisations can purchase flexible and customised...
- Ula raises $20 million in funding led by Quona Capital, B Capital GroupThe company is focused on digitising their supply chain, inventory and also helps them manage their working capital.
- Arya Collateral raises $21 million in Series B funding led by Quona CapitalArya Collateral provides post-harvest agri solutions to farmers, farmer producer organisations (FPOs), traders and also agri-focused corpor...
- Dismal loan recoveries leave lending startups in red zoneMost fintech lending companies that also hold non-banking financial company (NBFC) licenses are expected to take a significant hit to their...
- Quona Capital plans to raise $150-200 million Fund IIIAccion, a global non profit focussed on fintech is one of the anchor investors in the fund and will remain an anchor investor in the Quona’...
- Lending to SMEs: How startups are grappling with the issue of combining tech and non-tech strategiesLending to SMEs is inherently tough on multiple counts. Most SMEs operate in the informal economy and sourcing data on them is tough and of...
- Quona to invest 30% of its $141 million fintech-focused fund in IndiaThis will make India its largest target market among other rapidly growing markets such as South Africa, East Africa, Brazil, Mexico and So...
- Indiamart raises funds from Amadeus Capital Partners, othersIndiamart said it will use the money to strengthen its leadership position in the online business-to-business retail segment by scaling up ...
- IndiaMART raises Rs 150 crore, B2B e-marketplace on investors' radarIndiaMART, one of the oldest players in the B2B category, is learnt to have raised Rs 150 crore in its latest financing round.
- Startup venture fund Quona now readies capital for financial technology companies left out of loopThe former team of Accion’s Frontier Investments Group has come together to launch Quona Capital, a startup venture fund focused on financi...
- Payment companies like Citrus Pay, Innoviti buy into MSME segmentPayUMoney tied up with digital lending platform Lendingkart and launched Lendingkart Grow, an initiative to provide working capital loans t...
- Neogrowth Credit gets Rs 15 crore in round 3 fundingNeoGrowth Credit, a Mumbai-based financial technology company, has raised RS 15 crore from Frontier Investments Group.
- A guiding hand: Entrepreneurs borrowing knowledge from advisers to accelerate growthRitesh Agarwal was 19 when he launched an online marketplace for budget hotels branded as OyoRooms. From his vantage point, Agarwal was cer...
- Andhra crisis is now hurting MFIs' national interestThe recent SKS Microfinance results show Andhra Pradesh is a severe pain point for the sector. Neither banks nor the state government is ke...
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