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GEMBA CAPITAL FUNDRAISE
NBFC Finodaya Capital raises $2.5 million from White Venture Capital, othersFinodaya, which received its NBFC licence from the Reserve Bank of India on April 11, plans to offer micro loans against property to small ...- Gemba Capital launches second fund of Rs 250 crore to invest in platform-first businesses over the next three yearsThe second fund will invest in nearly 30 early-stage platform-first businesses across three focus sectors – fintech, consumer tech and B2B ...
- ETtech Deals Digest: Boosted by investment in Sarvam AI, Indian startups raise $108 million this weekInvestment in startups fell 79% in the December 4-8 week, from $514 million across 38 funding rounds in the same period a year ago. Sequent...
- Rural-focused fintech Navadhan raises $5 million led by Prime Venture PartnersNavadhan, which is a RBI registered non-banking finance company, also runs a technology platform - AceN - which offers a full stack, from s...
- Volt Money raises $1.5 mn in pre-seed round from Titan Capital, others, to target instant loans against mutual fundsVolt Money said that the funding will be used to recruit key personnel for product development and to put in place beneficial partnerships.
- Flipkart to shut Smart Fulfillment; deals return as restaurants recoverFlipkart said the move would reduce costs for sellers, but some aren’t so sure.
- PharmEasy’s new backers, Facebook whistleblower revealedPharmEasy is in talks with a clutch of new investors, including two hedge funds, to join its pre-IPO funding round.
- Paytm courts Swiss RE, Info Edge cofounder on startup IPOsPaytm has been waiting for more than a year for regulators to approve its acquisition of general insurance firm Raheja QBE. Now, it is on t...
- Grip Invest raises Rs 21 crore from Venture Highway, othersFintech startup Grip Invest, which has now raised a total of $3.6 million, will use the fresh capital to expand the range of investment pro...
- Microsoft checks in to OyoMicrosoft has finalised a strategic investment in Softbank-backed Oyo Hotels & Homes.
- Tiger Global leads funding in health insurance startup PlumPlum Benefits, a health insurer for startups including Groww, Urban Ladder and Unacademy, will use the funding from investors Tiger Global ...
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