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Japan’s MUFG readies $250 million India fund as investor mix shifts in startup fundingJapan's MUFG is launching a significant $250 million fund for Indian startups. This new fund will focus on early and growth-stage companies...
Fintechs trade the wild west for regulatory licencesIndia's leading fintech firms, once disruptors, are now actively seeking regulatory licenses to ensure sustainable growth. Companies like P...
Oolka raises $14 million led by AccelBengaluru's Oolka, a fintech startup, secured $14 million led by Accel, with Lightspeed and Z47 also participating. The funds will bolster ...
MobiKwik gets RBI nod for NBFC licence, to launch in-house lending armFintech firm MobiKwik has secured a crucial Reserve Bank of India approval for a non-banking financial company license. This paves the way ...
Fintech Biz2X plans to hire 200 professionals across various roles in FY26Biz2X plans to hire over 200 professionals in India across AI, data science, engineering, and more in the next financial year. Their AI-led...
RBI is a firm but fair regulator, has been cautioning about over-leverage for a while: Rajat Deshpande, FinBoxLaunched in 2017, the new-age embedded finance platform offers a solution to organisations so that they can add lending (business, personal...
Fresh twist in PhonePe-ZestMoney deal; neobank Jupiter secures NBFC licenceDigital payments major PhonePe is looking to close a commercial arrangement with ZestMoney after deal talks between the two companies fell ...
Axis Bank partners with ITC to offer rural lending products to farmers in remote regionThe deal will enable Axis Bank to cater to the financial requirements of the unserved and under-served farmers based in the remote regions ...
Shivalik Small Finance Bank raises Rs 111 crore from Quona Capital, Accel and Bharti AXA Life InsuranceAnnouncing the equity raising Wednesday, the bank said it plans to use the funding to enhance its tech stack, strengthen its team, and deep...
Yubi partners with U GRO Capital for co-lending and supply chain financingThrough this alliance, U GRO Capital will gain access to Yubi Co.Lend’s vast network of banks, financial institutions and fintechs via a si...
Vyapar partners with FinBox to offer credit to 900,000 MSMEsVyapar is now looking to offer credit to its merchant ecosystem by embedding loan products in its app itself. This will allow MSMEs to appl...
MyShubhLife inks Series B funding of Rs 100 cr from GojoMyShubhLife will utilize the funds to further expand its footprint with more corporate and large platform partnerships, invest in technolog...
Kreditbee raises $70 mn from TPG arm, Motilal Oswal PEBengaluru-based fintech lender Kreditbee has raised USD 70 million (about Rs 500 crore) in a follow-on Series-C round from TPG-backed NewQu...
Fynd partners with Rupifi to launch B2B credit for SMEsThis partnership comes at a time when SMEs across the country, and globally, are facing a tough time due to the ongoing pandemic and its im...
Greater collaboration possible between traditional and new-age lendersThis is in stark contrast to the formative days of fintech. Many started business after the financial crisis of 2008-09 with the idea of be...
Faircent ties up with Cube WealthThe new arrangement will enable members of the advisory platform to invest directly on the P2P lending platform.
P2P lending website Faircent launches eSign facility with eMudhraThis initiative is supposed to simplify the lending process for customers, which is the key for success for P2P lenders.
iSPIRT to host 'Build on India Stack' contestThe India Stack comprises APIbased infrastructure that allows technologies to be built around Aadhaar authentication and eKYC, eSign, DigiL...
Fintech startup PaySense gets $5.3 million in Series APaySense offers individuals, such as working professionals, credit options ranging from Rs 5,000 to Rs 1 lakh, and does the credit scoring ...
What drives business activity in fintech startups? Find outTwo surveys, by Kalaari Capital and Tracxn, delve deep to check out the strategies, the investments and people that help run these rapidly ...