Gemba Capital launches second fund of Rs 250 crore to invest in platform-first businesses over the next three yearsThe second fund will invest in nearly 30 early-stage platform-first businesses across three focus sectors – fintech, consumer tech and B2B ...
ETtech Deals Digest: Boosted by investment in Sarvam AI, Indian startups raise $108 million this weekInvestment in startups fell 79% in the December 4-8 week, from $514 million across 38 funding rounds in the same period a year ago. Sequent...
Byju’s CEO says will tide over crisis in 45-60 days; BNPL startup ZestMoney to shut downAmid the ongoing cash crunch at Byju’s, founder and CEO Byju Raveendran told senior executives that he is aiming to address the crisis over...
Rural-focused fintech Navadhan raises $5 million led by Prime Venture PartnersNavadhan, which is a RBI registered non-banking finance company, also runs a technology platform - AceN - which offers a full stack, from s...
Big banks eye QR codes amid fintechs’ credit push; Google’s Prabhakar Raghavan on AI regulation & future of searchWith fintechs such as Paytm and PhonePe entering the credit ecosystem, ICICI Bank, Axis Bank, HDFC Bank and others are trying to get mercha...
Musk-Modi US bonhomie and Tesla’s India plans; Mumbai drone startup Ideaforge's IPO journeyTesla will vroom into India “as soon as humanly possible”, says its boss Elon Musk. The Twitter CEO was addressing reporters after his meet...
Rural-focused fintech startup Navadhan raises $1.5 million in fundingNavadhan has raised $1.5 million in a seed funding round led by Varanium NexGen, a fintech-focused fund. Existing investor Anicut Capital c...