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IIFL OPEN FINTECH
Fintech sees early green shoots as growth-stage deals pick upThe fintech investment landscape is reviving, with growth-stage deals attracting over $550 million in 2025. Regulatory clarity, emerging we...- Finarkein Analytics raises $4.75 million in funding from Nexus Venture Partners, othersPune-based Finarkein Analytics secured $4.75 million in a pre-series A funding round led by Nexus Venture Partners. Existing investors IIFL...
- Irdai on a transformational journey to take insurance to massesUnder new chairman Debasish Panda, the regulator is engaging with the industry more than ever and looking to get the sector charged up.
- Debt collections platform Credgenics secures $50 million in funding from Westbridge, Accel, othersThe company plans to use the money to expand operations outside India and go deeper into the BFSI segment in terms of product offerings.
- Capital 2B, IIFL fintech fund lead $5 million investment round in CastlerCastler said that the raised funds will be used to further grow its domestic and cross-border escrow product portfolio.
- IIFL Finance Q4 Results: PAT jumps 17% YoY to Rs 269 croreOn a consolidated basis, IIFL Finance's net profit was at Rs 458 crore against Rs 321 crore. The consolidated result includes earnings of i...
- Neo-banking startup Open lays off 47, founders take 50% salary cutFounders of the fintech platform have taken a 50% pay cut, as the company aligns itself to profitability goals, a statement from Open said.
- Open gets RBI nod for payment aggregator licenceEarlier this year, Open also received a go-ahead from the RBI for its new cross-border payments product after completing the test phase of ...
- IIFL Fintech Fund invests $5 million in legaltech firm LeegalityLeegality enables businesses to digitally transform their document logistics and is used by over 1,500 businesses, including group entities...
- Sequoia, Tiger Global lead startup funding in Apr-Jun; fintechs attracted most funds: Nasscom reportOut of Tiger Global's total investments, 40 per cent were in the fintech sector and 20 per cent in the enterprise technology domain. For Se...
- IIFL Finance, Open Financial join hands to launch neobank for MSMEsThe unique proposition of this neobank is an innovative User Interface (UI) system made exclusively for small merchants -- a first of its k...
- IIFL Finance charts up neo-banking foray, makes Open unicorn with new investmentThe company issued a press statement later in the day saying it had become the 100th Indian unicorn, or those privately held companies with...
- Govt De-Fies crypto hoarders; India’s 100th startup unicornTaxman could impose an additional 20% tax on such transactions and income.
- Finarkein Analytics raises seed round funding led by IIFL, Info Edge, othersFinarkein’s platform lowers the entry barrier to iterating and experimenting on ODEs such as the Account Aggregator, Unified Health Interfa...
- IIFL Securities partners Alphaniti"The engine has features that enable users to execute and track the trade in a single click and is equipped with a precise target and stop-...
- 40th unicorn at the door; Dorsey blocked over Web3 trollingThe new year may be just a week away, but there might yet be time for one last startup to join the coveted club and make it 40 unicorns in ...
- PB Fintech IPO subscribed 16.59 times on Day 3The PB Fintech IPO received bids for 57.24 crore equity shares against an offer size of 3.45 crore, according to NSE data. The parent firm ...
- Policybazaar IPO is likely to haunt investors in the unlisted market. Here's whyShares of PB Fintech traded in the unlisted market in the range of Rs 2,000-2,300, just a week ago. However, the official IPO details have ...
- PolicyBazaar parent's IPO to open on November 1The price band for the issue has been set between Rs 940 and Rs 980 a share.
- Beating pandemic: IIFL to hire 5,000 people, open 700 branches in FY22In the past one year, IIFL Finance has been focussing on retail small-ticket loans delivered digitally. It has also partnered with banks an...
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