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EARLYSALARY FUNDING
Fibe’s NBFC arm raises Rs 225 crore via NCDs to fuel innovation and lending growthFibe's NBFC arm, EarlySalary Services, raised Rs 225 crore via NCDs, with key backing from Franklin Templeton AIF. The funds will boost len...
Digital lending startup Fibe eyes $35 million fundraise from IFCIt has sought the participation of its existing investors — Eight Road Ventures, Norwest Venture Partners, and TPG, which had invested thro...
ETtech Deals Digest: Startup funding rises 23% on year to $326 million this weekTracxn data shows, that startups, mostly late-stage, raised funds from 16 rounds. In the same period, a year ago – June 1 to 7, 2023 – they...
ED freezes another Rs 370 crore in crypto probe; EarlySalary eyes $100M fundingThe ED says it has frozen assets worth Rs 370 crore of a Bengaluru company that parked its funds with the crypto exchange Flipvolt and used...
ETtech Deals Digest: EarlySalary bucks the trend in a tepid week of startup fundingEarlysalary bagged $110 million in week that saw a dip in the number and size of the funding raised by Indian startups from last week MyMus...
PEs, sovereign funds pick up reins of late-stage tech funding as Tiger, SoftBank go slowTill last year, when the funding boom reached dizzying heights, these late-stage rounds were led by the likes of Tiger Global, SoftBank, Na...
Digital lending startup EarlySalary raises $110 million at $300m valuationThe Pune-based company said it plans to use the investment to accelerate its loan book, increase its presence to 150 cities, hire more for ...
Meesho to widen logistics network with software; foreign investors cut stakes in IT firmsThe solution will also let Meesho work more closely with local and regional players that may not have access to software solutions to servi...
EarlySalary eyes $100 million from TPG, NorwestInvestment likely to be officially announced in next few days.
EarlySalary looks to close six more deals after HDB tie-up to fuel growthThe HDB tie-up aims to build momentum in the impact categories of skill upgradation, education loans and health-care finance. The associati...
How digi-lenders are bracing for Covid impactFrom tightening collection schedules to lowering credit limits, narrowing customer base to only include “super-prime” borrowers and hot-lis...
Fintech lenders turn tap off to new customers, conserve cashEarlySalary, KreditBee and LoanTap are focusing only on servicing their existing clients and collect the loans back, in a bid to survive th...
EarlySalary crosses 1 million loan disbursalsFounded in 2015, EarlySalary operates across 17 cities and has worked with over 250,000 unique customers. It had raised Rs 100 crore in Jan...
EarlySalary with Rs 100 crore in Series-B fundingThe round also saw the participation of its existing investors, DHFL and IDG Ventures, along with Ashok Agarwal, who had invested in a pre-...
EarlySalary raises series B round from Eight Road VenturesThe round also saw the participation of its existing investors DHFL, IDG and even its seed investor Ashok Aggarwal.
EarlySalary raises Rs 5 crore debt from IFMR CapitalThe company raised a Series A round of $4 million equity funding in May this year from IDG Ventures India & DHFL, and plans to leverage its...
EarlySalary raises $4 million from IDG, DHFLEarlySalary CEO Akshay Mehrotra said the funds will be used to achieve 50,000 loans a month by the year-end compared to 4,000 loans process...
EarlySalary raises $4 million in Series A funding from IDVGI, DHFLMore than 80 per cent of its customer base is in their first career roles and most of them are new to credit and are first time borrowers.
Millennials are relying on apps and websites for loans but it's also riskyMany young salaried professionals and students are opting out from borrowing from friends and instead going for a new breed of fintech comp...
EarlySalary, an app to avail short-term loans through smartphonesWith PAN and account details, the company would be able to access a person’s credit history, which would help it determine whether to lend ...