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Fintechs leverage AI to boost creditworthiness and reduce rejectionsFintech startups are leveraging AI to help borrowers improve their creditworthiness and reduce loan application rejections. Companies like ...- Can AI fix your credit score? Krutrim shuts down assistant KrutiHappy Thursday! Fintechs are building AI solutions to help boost the creditworthiness of borrowers. This and more in today’s ETtech Morning...
- Debt restructuring platform Freed raises $6.6 million in round led by Aavishkaar CapitalSorin Investments, Piper Serica, and Sattva Ventures also participated in the funding round. The Gurugram-based platform plans to deploy th...
- Frex Raises Rs 9.5 crore in pre-seed funding by Zeropearl VC, White Venture Capital and othersFrex, a platform simplifying international money transfers for immigrants, has secured Rs 9.5 crore in pre-seed funding. This capital will ...
- Backed by 19 unicorn founders, VC Bipin Shah launches Rs 159 crore Solo GP Fund, Zeropearl VCThe fund will focus on pre-seed and seed investments, backing a select few startups in India's burgeoning ecosystem.
- Credgenics takes majority stake in debt collection firm ArriseThe deal is a combination of stock and cash, with the majority of the cash component to be used as primary capital by Arisse. For Credgenic...
- Digital payment firms face RBI scrutiny; Pine Labs, Meesho eye listingsHappy Thursday! After approving about 54 companies to become payment aggregators, the central bank is tightening its reins in the sector. T...
- Debt collection platform Credgenics’ profit triples to Rs 25 crore in FY25; revenue up 40%Credgenics witnessed a significant surge in net profit, reaching Rs 25 crore in FY25, driven by increased demand for efficient debt recover...
- Lenders say AI to fintech startups for debt collectionLenders are now turning to AI-led models which can reduce the cost of each collection journey. This is opening a business opportunity for n...
- Titan Capital logs final close of new fund at Rs 333 croreTitan Capital, led by Snapdeal cofounders Kunal Bahl and Rohit Bansal, typically backs startups at a seed or pre-seed stage. This is the fi...
- ET Startup Awards 2024: Nominees for Midas TouchThe award will recognise the most lucrative exit in the year. The decision will be made based on the volume of deals as well as the size of...
- Titan Capital closes Rs 200-crore fund to double down on existing portfolio startupsTitan Capital, founded by Kunal Bahl and Rohit Bansal, has raised Rs 200 crore for its new fund. The company aims to focus on its existing ...
- From Rs 57 lakh investment to Rs 110 crore exit: Kunal Bahl, Rohit Bansal clock bumper return from Urban CompanyKunal Bahl and Rohit Bansal exited Urban Company with Rs 111 crore from Dharana Capital, after a Rs 57 lakh investment in 2015. Besides the...
- ETtech Deals Digest: August startup funding down nearly 70%; bleakest month in over a yearAs per Tracxn data reviewed by ET, monthly funding totals have never gone below $600 million, trailing at least as far back as March 2022 -...
- Startups better than MBA for learning skills to start your own company, entrepreneurs sayAhead of World Entrepreneurship Day on August 21, many founders noted that while an MBA programme provides valuable managerial skills, it i...
- ETtech Deals Digest: Early stage deals only respite in funding starved week for startupsAs many as 10 out of the 12 fundraises in technology startups in the first full week of August were seed-stage deals, with cheque sizes ran...
- Debt collections platform Credgenics secures $50 million in funding from Westbridge, Accel, othersThe company plans to use the money to expand operations outside India and go deeper into the BFSI segment in terms of product offerings.
- EazyDiner raises Rs 40 crore in funding from DMI’s Sparkle FundThe startup, present in India and United Arab Emirates, will utilise the capital to expand its business to 100 cities from 30 currently and...
- Bank rout: Tech is collecting loans in India as global crisis loomsAll kinds of bank and nonbank lenders are heaping credit on household balance sheets even though the consumer economy is fragile: A tiny mi...
- Credgenics raises $25 million funding from Westbridge Capital, othersThe funds will be used to expand into new demographics, strengthen the R&D, scale the core operations across India, improve client services...
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