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Acko plans confidential IPO filing to raise $250 million; targets $2.5 billion valuationDigital insurer Acko is gearing up for a confidential IPO, aiming to raise approximately $250 million and seeking a valuation between $2-2....- Haitong sees 26% upside in Paytm. Lists 4 reasons for buying the dipsHaitong has initiated a coverage on One 97 Communication (Paytm) with an ‘Outperform’ rating for a target of Rs 1,410, implying an upside o...
- Digital lender Kreditbee in unicorn club with $280 million at $1.5 billion valuationDigital lending firm Kreditbee has raised $280 million, becoming a unicorn with a $1.5 billion valuation. This funding marks their last pri...
- 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.
- Fintechs go easy on IPO plans as war rattles stock marketsPublic listing plans for new-age fintech companies have received a major blow as the crisis in West Asia has battered the Indian rupee and ...
- The rise of AI in financial services; analysts split on IT’s futureHappy Thursday! Financial services firms are increasingly adopting AI. This and more in today's ETtech Morning Dispatch.
- Fintech lender Moneyview files DRHP with Sebi for IPO, seeks to raise Rs 1,500 crore via fresh issueThe company plans to pump in Rs 450 crore to capitalise its in-house NBFC and use another Rs 650 crore to support loan disbursals through p...
- Fintech unicorn Moneyview files DRHP with SEBI for Rs 1,500 crore IPOFintech unicorn Moneyview Limited has filed its DRHP with SEBI for an IPO, aiming to raise capital through a fresh issue and an Offer for S...
- 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...
- 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...
- Gold-loan fintech firms spot a glimmer in RBI’s draft rulesBengaluru-based Rupeek, Chennai-headquartered Oro Money, Noida’s Indiagold and Manipal Fintech of Gurugram are a few of the major startups ...
- Indian unicorns hit $385 billion valuation in 2024 amid surge in IPOs, acquisitions: reportThe report also noted that 29 unicorns were profitable in 2024, including companies like Zerodha, MakeMyTrip and InfoEdge. However, one-fif...
- Year in Review: India’s startup milestones by the numbersIndia has emerged as the third largest startup hub globally, driven by affordable internet, a young workforce and flexible government polic...
- Stride Ventures launches fourth fund, targets $300 million corpusAccording to the venture debt firm, it has fully returned Fund I, a $50 million fund launched in 2019, to its investors, which include bank...
- 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...
- Fintech lending platform Moneyview acquires fintech startup Jify; attains unicorn statusMoneyview, which did not receive any fresh money in the deal, had last raised $75 million at a post-money valuation of $900 million in 2022...
- A unicorn in the making, Centre writes to Meta over WhatsApp outage, and morePrivate equity giant Apis Partners is expected to lead the round and join in as a new investor. Apis is expected to invest roughly $65 mill...
- PolicyBazaar garners Rs 500 crore of assets under managementThe growth potential of online and mobile applicationbased distribution of mutual funds is fast attracting startups and investors.
- Touchkin secures $4 lakh seed funding from angel investorsTouchkin's machine learning platform identifies potential health issues through changes in activity, communication and sleep patterns.
- InMobi's ad discovery platform Miip launched in IndiaA fortnight after it made a splash in San Francisco, InMobi launched Miip, an ad discovery platform in India today.
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