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Ankurit Capital leads $3 million investment in fintech startup OmniCardOmniCard, a business spend management startup, raises $3 million in Pre series A round led by Ankurit Capital and Taisys.- Stocks in the news: HDFC Bank, Coal India, Vedanta, MapmyIndia and Strides PharmaHDFC Bank, the largest private sector lender, said it has registered a 23 per cent growth in total advances in Maharashtra to Rs 3.28 lakh ...
- Doorstep delivery startup Pickkup to raise funds to expand operations in Bengaluru, Chennai and Andhra PradeshLaunched in 2018, Pickkup had clocked a revenue of Rs 10 lakh in the first year of operations. The company is closing the ongoing fiscal at...
- Varanium NexGen Fund leads investment round in fintech company HomeCapitalThe company’s enables home buyers accelerate their home ownership through its down payment assistance program.
- Industry body urges government to create Rs 25,000-crore fund for startupsAn existing Rs 10,000 crore fund-of-funds, which is currently being administered by the Small Industries Development Board of India (Sidbi)...
- Desi funders form collective to take on foreign investorsFunder’s Forum gets ready to compete with marquee Silicon Valley investors, while Pioneering Ventures’ new fund looks to reach a million fa...
- India set on digital expressway, but regulatory hurdles make the journey difficultMore than money or tax cuts, what new-age companies need is a less onerous regulatory culture that unshackles innovation and entrepreneursh...
- Chinese bank sets up $200 million fund for investing in Indian MSMEsThe ICBC, a top state-run Chinese bank which is the country's largest lender by market value, has opened its branch in Mumbai in 2011.
- Veteran angel investor Sashi Reddi launches $100-million fundSRI Capital Fund-I looks to invest in enterprise software ventures, with special focus on startups working on deep technology.
- China’s super angels go full throttle on Indian startupsAn informal group referred as "Friends of Alibaba" as they comprise founders of companies acquired by Alibaba are reportedly keen on Indian...
- Chinese lenders out for a taste of IndiaWhile India’s rapidly growing fintech sector appears greener to the Chinese companies because of a regulatory clampdown back home, domestic...
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