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IIFL FINTECH INVESTMENTS
IIFL Fintech closes Rs 500-crore second fundIIFL Fintech Fund, backed by the financial services conglomerate IIFL Group, has announced the final close of its second fund after raising...
IIFL Fintech Fund acquires Rs 21 crore worth secondary shares in regtech startup LeegalityTo date, Leegality has raised a total of $6.63 million across three rounds. Following the rollout of the Digital Personal Data Protection (...
Voice AI startup Fundamento raises $1.9 million led by IIFL Fintech FundThe company plans to use the fresh funding to expand its footprint in the BFSI sector and enter international markets, such as the US and t...
IIFL Fintech Fund closes Rs 200 crore second fundThe fund, which received money from domestic family offices and HNIs, will focus on investments in fintech startups including those in the ...
IIFL Fintech Fund picks up 10% stake in GenAI startup VitraIIFL Fintech Fund invested in an undisclosed sum to pick up 10% stake in Vitra.ai, a startup focused on generative AI language translation....
Invest4Edu onboards Hemika Tanwar and Chintan Kotak as cofoundersInvest4Edu, with Tanwar and Kotak, serves Indian parents' education planning needs. Revenue from product commissions and service fees. Aim ...
TDF onboards five venture capital firms as investor partners for its accelerator programmeThe Digital Fifth (TDF), a fintech consulting firm, said it has onboarded five venture capital firms - Equanimity Investments, Flourish Ven...
IIFL Fintech Fund announces maiden exit, clocks 80% returnThe fund, backed by group companies IIFL Finance and IIFL Securities, has a corpus of Rs 210 crore invested in a portfolio of 13 companies ...
IIFL Fintech Fund buys 51% in supply chain platform Xtracap for Rs 25 crXtracap offers e-invoice financing that allows businesses to unlock value of their invoices in real-time, providing instant liquidity. Its ...
IIFL partners Yobee to launch Tradebox for investorsAs a part of the partnership, Yobee will allow IIFL Securities’ customers to access the Tradebox application within the IIFL app and web. A...
IIFL fintech fund picks up 16% stake in Samadhan for $2 millionThis is IIFL fintech fund's 10th investment and first in the insuretech space, the company said, adding it has already invested 50 per cent...
IIFL Fintech Fund invests $5 million in legaltech firm LeegalityLeegality enables businesses to digitally transform their document logistics and is used by over 1,500 businesses, including group entities...
IIFL Finance charts up neo-banking foray, makes Open unicorn with new investmentThe company issued a press statement later in the day saying it had become the 100th Indian unicorn, or those privately held companies with...
IIFL Securities partners Alphaniti"The engine has features that enable users to execute and track the trade in a single click and is equipped with a precise target and stop-...
IIFL Fintech Fund to invest Rs 300 crore in early-stage fintech startupsIIFL Fintech Fund has invested in four fintech startups—Leegality, FinBox, Trendlyne and DataSutram—in the first three months of its existe...
IIFL launches dedicated fund to invest in Indian fintech startupsThe IIFL fintech fund, sponsored by IIFL Finance and IIFL Securities, is already in advanced talks to invest in a few financial technology ...
IIFL Securities Q1 results: PAT surges 66% to Rs 69 cr; total income up 50%Total income climbed 50 per cent to Rs 268.1 crore in the quarter under review from Rs 178.3 crore in the three months ended June 2020.
IIFL to support fintech startups amid COVID-19 crisisUnder the initiative, accelerators and incubators across the country are also invited to collaborate for providing assistance to fintech st...
IIFL picks up 15% stake in TrendlyneSecurities trading firm IIFL Securities has acquired a 15% strategic stake in Bengaluru-based fintech startup Trendlyne, a stock market ana...
IIFL Securities picks up 15% stake in TrendlyneOnline retail investors have grown by 50 per cent in the last year.