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STASHFIN FUNDING
Zestmoney cofounder Lizzie Chapman quits Reliance-backed Swiffy LabsLizzie Chapman founded Berkeley Square Finance Group (BSFG) late last year, assuming the role of a partner at the firm. As per the company’...
Riceberg Ventures launches $20 million fund for deeptech startupsThe venture capital firm Riceberg Ventures plans to fund 25-30 startups globally with an average cheque size of $0.5 million. The sectors t...
Stride Ventures launches fourth fund, targets $300 million corpusAccording to the venture debt firm, it has fully returned Fund I, a $50 million fund launched in 2019, to its investors, which include bank...
GrowX Ventures launches Fund-II, aims to raise Rs 400 croreWithin the B2B space, the New Delhi-based firm will focus its investments on sectors such as semiconductors, defence technology, space tech...
ET Soonicorns Summit 2023: Tracking the key themes charting the future of India's Resilient Startup EcosystemAt the ET Soonicorns Summit 2023 on November 3 in Delhi-NCR explore the key tracks, from tech-powered growth, building resilient profitable...
Amid tightening rules, fintechs step up hiring of legal expertsNearly one-fourth of the more than 200 senior legal and compliance moves in the financial services sector in the last one year was in finte...
Startup funding declines 40 per cent in April-June: PwC reportSoftware as a Service (SaaS) and fintech companies had the highest share of funding in the second quarter of Calender Year (CY) 2022, total...
Zomato buys Blinkit for Rs 4,447 crore; RBI extends tokenisation of cards by three monthsZomato’s board of directors approved the acquisition of Blinkit for close to $570 million
ETtech Deals Digest: India gets its sixth SaaS unicorn of 2022LeadSquared, StashFin and Cashify were the startups who raised big this week.
Neobanking startup StashFin bags $270 million to expand footprintThe latest round takes the company’s total funding- both equity and debt - to around $325 million since its inception in 2016.
Venture debt companies, NBFCs eye spot in supply chain financeThe move comes amid a liquidity squeeze following the Reserve Bank of India’s (RBI) decision to hike interest rates, even as startups are s...
Budget 2022: Fintech industry hopes for incentives to push financial inclusionhe fintech industry and experts have urged Finance Minister Nirmala Sitharaman to lower the TDS rates, saying such a move would free the ca...
Fintech firms demand further liberalisation of tax regime in budgetThe fintech industry has urged Finance Minister Nirmala Sitharaman to further liberalise the tax regime for financial sector startups in th...
Indians spend 4.8 hours a day on mobile apps; Musk sells $5B Tesla sharesA new report by App Annie, an app market analytics firm, puts numbers to something we’ve all known for 19 months now—that we’ve all been sp...
ETtech Deals Digest: Byju's, Firstcry raise funds, Wipro buys AmpionA look at the key tech deals and startup funding rounds struck in the week to April 2.
Neobank StashFin gets $40 million in Series B funding roundStashfin plans to use the funds to grow its lending portfolio in India, as well as provide neobanking solutions to businesses across South ...
View: The physical push digital needs for fintechs to thriveAccording to PricewaterhouseCoopers, the digital lending market in India has grown at a compound annual growth rate of 42% in 2012- 18, and...
Faircent cuts personal loan rates to 9.99%, will other P2P lenders follow suit?Faircent.com, leading peer-to-peer (P2P) lending company, has reduced the minimum rate of interest for unsecured loans to 9.99 per cent.
Innovative products pay off for e-lending startupsNew-age fintech disrupters gain traction with innovative lending products
Stashfin gets $5 million in Pre-Series AOther investors in the startup include Vibhav Dhawan and Praveen Malhotra, managing partners at executive search firm Positive Moves, Avend...