Nearly 92% of Indian SaaS cos adopted AI in 12 months: BessemerAI adoption by SaaS platforms helps make software more intuitive, adaptive, and capable of automating complex tasks. The report titled ‘The...
06 Aug, 2024, 07.37 AM IST
Wealthtech startups rake in funds; ads on sound box coming soon!Wealthtech platforms Dezerv and Stable Money are set to close $30 million and $17 million in equity funding, respectively. While Dezerv is ...
03 Apr, 2024, 08.15 AM IST
IPO-bound Perfios appoints Adobe India BFSI head Sridhar Narayan as CBOPerfios, led by Sridhar Narayan, prepares for a domestic IPO by 2025. The fintech startup focuses on international growth, revenue diversif...
03 Apr, 2024, 06.01 AM IST
ETtech Deals Digest: Perfios, Lohum deals boost startup funding nearly 3x to $187 million this weekThe two deals helped push up overall funding numbers by nearly three times to $186.6 million, deployed across 10 deals. This was up 188% fr...
15 Mar, 2024, 07.50 PM IST
SaaS fintech startup Perfios secures $80 million from TVG, attains unicorn valuationWarburg Pincus-backed Perfios is considering an initial public offering (IPO) that could raise about $500 million in India at a potential v...
15 Mar, 2024, 06.04 PM IST
Decoding the digital competition law; Perfios turns unicornIndia’s consumer internet firms have expressed reservations about the ex-ante framework in the proposed digital competition law. This and m...
13 Mar, 2024, 08.45 PM IST
Community management app MyGate unveils Esop buybackMyGate is offering employees across roles and business verticals who have worked for more than four years the opportunity to cash out 20% o...
07 Mar, 2024, 07.22 PM IST
This is a great time to be more aggressive in India: Sunish Sharma, Kedaara Capital“More IPOs are happening, in fact record IPOs are happening. Private equity has definitely started using more traction. People are being ca...
10 Nov, 2023, 09.44 AM IST
Fintech infra players see investor interest; midcap IT firms outdo larger peersNew-age fintech infra companies are gaining the spotlight as the venture industry seeks out more predictable business models in a fraught m...
02 Nov, 2023, 07.39 AM IST
Fintech startup Perfios announces employee stock buyback worth $18.5 millionThe buyback will be applied to shares of 135 employees, of whom 62 will become millionaires, as per a statement.
17 Oct, 2023, 05.19 PM IST
Indian startup funding at five-year low in Q3: TracxnThe report, dated Wednesday (September 27) further indicated a 33% reduction in late-stage funding rounds, and drastic declines of 74% and ...
28 Sep, 2023, 01.29 PM IST
India sees lowest tech funding in the last five years in Q3: ReportTech funding in Bengaluru, India has dropped for the third consecutive quarter, with Q3 2023 seeing the lowest funding in the past five yea...
27 Sep, 2023, 04.06 PM IST
ETtech Deals Digest: Startup funding hits $334 million this week on late-stage investment in PerfiosFunding activity was up 26% in the September 11-15 week, from $264 million raised in the corresponding week last year. However, it was flat...
15 Sep, 2023, 05.49 PM IST
Byju’s puts Epic, Great Learning on sale; Perfios raises $229 million from Kedaara CapitalByju's has begun selling its group assets as it puts Epic and Great Learning on the block to generate $800 million-$1 billion in cash.
11 Sep, 2023, 07.22 PM IST
Perfios raises $229 million from Kedaara Capital in primary, secondary mixPerfios currently has a large footprint in West Asia and Southeast Asia. The statement added that it has been growing 100% year-on-year, wi...
11 Sep, 2023, 06.20 PM IST
Stocks in the news: SBI, ICICI Bank, Indian Cements, Route Mobile and ConcorState Bank of India, HDFC Bank and ICICI Bank acquired a 9.54 per cent stake each in Perfios Account Aggregation Services Private Limited. ...
29 Jun, 2022, 07.43 AM IST
Perfios raises Rs 520 crore from Warburg Pincus, BessemerThe proceeds of the funding will be used for financing the acquisition of other companies, capital expenditure, and working capital require...
25 Feb, 2022, 10.30 PM IST