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MSWIPE FUNDING
PoS terminal supply squeeze; Skyroot CEO on unicorn flightHappy Friday! The point-of-sale (PoS) supply has dried up in India as the West Asia conflict squeezes imports. This and more in today's ETt...- Track fishy transactions, RBI tells payment firmsIn a letter dated April 15, the RBI asked payment system operators (PSOs) to prevent any potential misuse of electronic fund transfer mecha...
- ETtech Deals Digest: Startup funding drops 59% to 12 deals this weekAccording to data from Tracxn, February saw startups raise $516 million across 82 rounds, versus $551 million across 109 rounds in January.
- Mswipe raises $20 million in ongoing funding round led by Alpha WaveMswipe said it will use the proceeds from the ongoing fundraise to increase its merchant payment network, to strengthen its product and tec...
- Samhita-CGF, Mswipe, USAID & Mastercard come together to digitize 100,000 micro-merchantsThis partnership will enable REVIVE Alliance to combine a targeted digital payments incentive program with capacity building training to he...
- Mswipe appoints Cashe’s Ketan Patel as CEO, to apply for NBFC licenceMswipe will apply to the Reserve Bank of India (RBI) for an NBFC licence in 2021-22, with plans to convert it into an small finance bank la...
- Avail Finance raises $11.5 million in fundingAs part of this investment from AWI, Avail Finance will set up a team in Abu Dhabi and use the Emirate as its regional headquarters.
- Avail Finance raises $11.5 million in Series B round led by Falcon EdgeMatrix Partners will hold 26.4% in Avail Finance, while Alphawave has picked up 11.5% in the company following the funding.
- DSG Consumer Partners makes final close of third fund at $65mThe consumer-focused investment firm, led by Deepak Shahdadpuri, will now have about $200 million worth of assets under management, doublin...
- PoS 2.0, and Android’s the name of the gameWorldline takes on competition offering enhanced features on Android terminals.
- Avail Finance gets $9 million more from MatrixAvail Finance, founded by Ankush Aggarwal and Tushar Mehndiratta, will use the funds to foray into a neo-banking platform.
- Mswipe raises $30 million fundingThe company has raised over $80 million (about Rs 550 crore) from investors like B Capital, UC-RNT, Falcon Edge Capital, Matrix Capital Par...
- Mswipe raises Rs 220 cr from existing investorsWhile B Capital Asia & Epiq put Rs 70 crore, Falcon Edge invests Rs 57 crore and DSG Partners Rs 21 crore.
- Epiq Capital announces first three investments in Lenskart, Mswipe and NestAwayThe developments come at a time when the Indian private equity sector has been witnessing a record-breaking deal making pace.
- Mswipe completes round D with $10 millionAs part of investment, Facebook cofounder Eduardo Saverin will join the company’s board
- Axis Bank sells its shares with MSwipe TechnologiesIn the statement, the bank said that the objective of the sale was disinvestment and it had earned Rs 57.4 crore from the company in the fi...
- Ratan Tata-backed UC-RNT Fund, others back Mswipe TechnologiesThe transaction has a mix of both primary and secondary components, with the fund giving a complete exit to Axis Bank, an early investor in...
- RNT Capital, IFC may invest in mobile PoS device maker MswipeThe two investors are separately in talks to potentially participate in an estimated $25 million funding round for the Mumbai-headquartered...
- Cockroach vs unicorn: Investors looking for startups that can survive anythingLast year, investors threw money at unicorns - companies valued at $1 billion or more - but this year, it seems to be the turn of the cockr...
- Mswipe Technologies gets Rs 160 crore funding led by Falcon Edge Capital, Meru Capital, OlaFounded by Mumbai University graduate Manish Patel in 2011, the startup caters to both, small and medium enterprises as well as enterprise ...
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