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INDIAGOLD FUNDING
Ex-Peak XV trio raises Mettle; Fintechs go licence huntingHappy Thursday! Three former Peak XV MDs, who abruptly left the VC firm, are launching Mettle Capital to back Indian startups. This and mor...- Gold loan startups find new shine; Infy Q4 profit jumpsHappy Friday! Gold loan fintechs are moving towards building their own loan books. This and more in today's ETtech Morning Dispatch.
- Gold loan fintech companies build own loan books as RBI tightens normsGold loan fintech startups are pivoting from loan sourcing to building their own loan books due to tightened RBI regulations. Companies lik...
- Investors taking a shine to Indian climate tech spaceOver the last 12-15 months, investors such as Blume Ventures, Leo Capital and new entrants like Synapses have been betting on climate tech ...
- Ranjan Pai, Axis Bank may back gold loan startup RupeekClaypond Capital, Axis Bank, and new investors plan to invest in Rupeek at a reduced valuation. Investment details are being finalized, wit...
- Gold loan startup Rupeek is staring at a down roundRupeek could be staring at a cut of as much as 40-50% in its valuation. It was last valued at $600 million. A down round is where a company...
- Shock and awe: Founders decry RBI action against PaytmThe Reserve Bank of India's decision to prohibit Paytm's vertical Paytm Payments Bank from offering all forms of banking services within a ...
- ETtech In-depth: Zerodha's Rainmatter gets into heart of investing via road not takenZerodha is trying to change the way Indians manage their wealth. With Rainmatter, the startup is trying to change the way Indians eat, stay...
- Gold loan startup Yellow Metal gets $3 million in funding led by MSA NovoThe round also saw participation from Japan-based Spiral Ventures and existing investors WaterBridge Ventures and Java Capital.
- ETtech Deals Digest: Amid 'Tech Winter', dry funding taps, startups set to face turmoilHere is a look at all the startups that raised money in funding this week.
- Indiagold raises additional $10 million in funding as part of Series A roundGold loan platform Indiagold has raised an additional $10 million in funding as part of its extended Series A round from PayU (the fintech ...
- Rupeek lays off 200 employees amid slowdown in fundingIn a written communication to employees on Tuesday morning, Rupeek founder and chief executive Sumit Maniyar said the company had taken a “...
- Rupeek picks up $34 million in fresh round led by LightboxThe gold loans provider is now valued at $634 million, said a person aware of the talks. Rupeek said it would use the funds to scale furthe...
- China to ban some tech firms from listing overseasChina is drawing up new rules that would ban companies with large amounts of sensitive user data from listing their shares abroad.
- ETtech Deals Digest: Zetwerk turns unicorn, Khatabook gets $100-million fundingIndia's startup ecosystem witnessed smaller funding rounds this week compared to the previous one.
- Indiagold gets $12 million funding from PayU, others as gold loans surgeFounded by Nitin Misra and Deepak Abbot, Indiagold gives customers the option to store gold in lockers at much cheaper rates than tradition...
- InterviewVector raises undisclosed amount of seed funding from Titan Capital, othersInterviewVector connects organizations to on-demand pre-vetted interviewing panels which provides better flexibility and scale to schedule ...
- Startup salaries swell amid pandemic-induced funding boomEngineers, data analysts, developers and product managers with three-to-seven years experience are being hired at 50% higher salaries by st...
- ETtech Morning Dispatch on March 1, 2021: Govt vs WhatsApp (again)Here's a look at the top tech news to start your day.
- How too much gold is a drag on India's economyThe India-gold love affair is now facing a close scrutiny from the govt. FM's message is clear: reduce gold's allure and head off to other ...
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