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RBI slaps Rs 10.10 lakh penalty on City Union Bank, 2 more entitiesThe Reserve Bank of India has levied fines on three financial entities. City Union Bank faced a penalty for incorrect loan charges and data...- Progcap in talks for $100 million funding round, likely to be led by TPG: SourcesProgcap is in advanced talks to close a $100 million equity funding round, according to two people in the know. The round could be led by g...
- ETtech Deals Digest: Startups raise $1.19 billion in December, down 22% on-yearStartups raised around $1.19 billion in December 2024, a 22% drop from the same month last year. Major funding rounds included Mumbai-based...
- ETtech Deals Digest: Indian startups raise $736 million this week; up nearly fivefold on-yearThe funds were raised through 29 deals, compared to 31 in the year-ago period. This week's funds raised by startups show an increase of 161...
- Top startup and tech 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.
- Amazon enters q-comm; Mintifi fundingAmazon India is set to start 15-minute deliveries in India. This and more in today’s ETtech Top 5.
- Mintifi secures $180 million from Prosus, others in a mix of primary, secondary capitalPart of the funds raised was used to give a complete exit to Lok Capital, one of the early investors in the Mumbai-based lending platform, ...
- Top startup and tech 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.
- ETtech Deals Digest: Startups raise $282 million in week to December 6; up 133% on-yearStartups raised $281.6 million this week across 17 deals, a 132.7% YoY rise but a 78% drop from last week. Key deals included $100 million ...
- Prosus invests $80 million in supply chain finance startup Mintifi for 10.6% stakeProsus has invested around $80 million for a 10.6% stake in Mintifi, a leading Indian supply chain finance fintech. Mintifi partners with c...
- Prosus funds Mintifi, Vastu Finance; Swiggy expands BoltProsus is preparing for a ramp-up in its India IPO pipeline. This and more in today’s ETtech Top 5.
- Prosus invests in Mintifi, Vastu Finance; eyes more India IPOs after Swiggy listingThe company revealed that it has secured 11% stake in supply chain finance firm Mintifi for approximately $80 million. It also acquired 8.4...
- Rate hikes, margin pinch put pay-later companies in a tough spotRupifi, ePayLater and others in the online segment are feeling the heat, with eB2B marketplaces scaling down or tightening operations acros...
- ETtech Deals Digest: Startups raise $5.5 billion in first six months of 2023, down 72% YoYThe funding landscape for startups witnessed a 72% drop compared to the previous year. In H1 2022, $19.5 billion was raised across 1,576 fu...
- ETtech Deals Digest: Late-stage rounds in Lenskart, PhonePe take March funding for Indian startups to $1.14 billionCompared to February, startups raised 38% more against $832 million that they picked up across 89 rounds.
- ETtech Deals Digest: startups pick up $140 million this week as funding nosedives 90% YoYSupply-chain financing platform Mintifi bagged the biggest share of the funding this week by picking up $110 million in a late-stage fundin...
- Supply chain financing startup Mintifi raises $110 million in funding led by Premji InvestAccording to Mintifi, it will use a large part of the current raise to expand its loan book, and focus on growth of disbursals on its platf...
- ETtech Deals Digest: Polygon, ElasticRun, Livspace raise fundsSecondary scaling solution Polygon, kirana-focused business-to-business ecommerce firm ElasticRun and Omnichannel home interiors platform L...
- Lawyer boards BharatPe; Livspace is 7th unicorn of 2022Ashneer Grover has already called current chief executive Suhail Sameer “spineless” and accused him of dancing to the board’s tunes. Now wi...
- Mintifi raises $40 million in fresh funding led by Norwest VP, Elevation CapitalMintifi expects to use the funds to build on its existing technology infrastructure, expand into newer offerings as well as scale up its te...
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