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Fintech Startups

Kotak Securities Invests Rs 5 Crore In Fintech Startup Banksathi

Kotak Securities Invests Rs 5 Crore In Fintech Startup Banksathi

Kotak Securities in the recent past has made four strategic investments and two acquisitions in the startup space. While it has invested in Stockedge, eLearn Markets, Flipit Money and Multiple, its recent two acquisitions...

11 January 2023

fintech

Fintech Startup Uni Stops Card Services Over RBI’s Digital Lending Norms

Indian fintech startup suspends card services after RBI guidelines on digital lending

19 August 2022

Startup Funding Declines 40% In April-June: PwC Report

The early-stage deals comprised more than 60 per cent of the total with an average ticket size of USD 5 million, as per the PwC India report titled, 'Startup Deals Tracker - Q2 CY22.'

10 July 2022

BharatPe

BharatPe CEO Suhail Sameer Steps Down From Role: Report

The official statement from BharatPe, as per the report, suggests that Suhail Sameer will transition and serve the role of the Strategic Advisor.

03 January 2023

Nikhilesh Tiwari

Making Spay India An Award-Winning Firm, Nikhilesh Tiwari's Business Spirit Will Amaze You

The CEO of the Spay India company, Nikhilesh Tiwari, began this company with only 29 people. The company's mission statement is to offer its clients excellent services in simple money transfers, recharges, billing, etc.

14 July 2022

Fundraise By Indian Start-ups Falls 33% To $6.9 Billion In June Quarter: Report

The capital raise during the quarter was not just lower than $10.3 billion logged between January and March 2022, but also marked a decline when compared to the same quarter of previous year ($10.1 billion in Q2 of 2021)

07 July 2022

Insurance Samadhan

IIFL Fintech Fund Picks Up 16 % In Insurance Samadhan For $2 Million

The startup also received another USD 1 million from other investors in the series-A round

21 December 2022

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Cautious Investors Reserving Cash To Support Late-Stage Start-Ups

Founders stare down the barrel of drying funding as cautious late-stage investors display signs of wariness about leading investment rounds 

05 July 2022

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29 June 2022
Despite 'Funding Winter', Hurun Says 122 More Startups Can Become Unicorns In 4 Years

Despite 'Funding Winter', Hurun Says 122 More Startups Can Become Unicorns In 4 Years

The number of unicorns stand at 84 right now as against 51 in the year-ago period, and there are 122 others valued at over USD 200 million which can achieve...


26 June 2022
Finance Ministry Asks Banks To Explore Fintech Partnership, Co-Lending Opportunities

Finance Ministry Asks Banks To Explore Fintech Partnership, Co-Lending Opportunities

In the recently concluded performance review of PSBs by the Finance Ministry, sources said, lenders were asked to focus on technology and data analytics to...


10 June 2022
Mumbai Hard City To Live In, Take Efforts To Cut Cost Of Living: Startup Founders

Mumbai Hard City To Live In, Take Efforts To Cut Cost Of Living: Startup Founders

The city is losing out to others because of its lack of ability to build communities, which deters talent consisting of technologists who want to have a better...


19 May 2022
MakeMyTrip Ties Up With Banks, NBFCs, Fintech Players For 'Book Now Pay Later' Option

MakeMyTrip Ties Up With Banks, NBFCs, Fintech Players For 'Book Now Pay Later' Option

The book now pay later payment has been introduced on bookings for travel, flight or hotels, on MakeMyTrip as well as on the Goibibo app


10 May 2022
Will Kejriwal’s Gambit Pull Startups Out Of Bangalore? 

Will Kejriwal’s Gambit Pull Startups Out Of Bangalore? 

Arvind Kejriwal wants to make Delhi the startup capital of India and the world. Can the AAP government achieve this feat? 


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02 April 2022
Is The Great Indian Startup Funding Party Coming To An End?

Is The Great Indian Startup Funding Party Coming To An End?

Hammered markets, increased interest rates by the Fed, unabated war – reasons enough to develop cracks in the funding ecosystem for startups


25 March 2022
Number Of Recognised Startups Increases To 65,861: Govt Informs Parliament

Number Of Recognised Startups Increases To 65,861: Govt Informs Parliament

The government had launched 'Startup India' initiative on January 16, 2016, with an aim to build a stronger ecosystem for nurturing the startup culture


15 March 2022
Zomato-Blinkit Enter All Stock Merger Deal: Report

Zomato-Blinkit Enter All Stock Merger Deal: Report

Blinkit, which was earlier known as Grofers is currently undergoing a severe cash crunch and has shut down approximately 40 dark stores, and laid off its...


15 March 2022
SoftBank’s Munish Varma To Step Down From Boards Of One97 Communications, PB Fintech: Report

SoftBank’s Munish Varma To Step Down From Boards Of One97 Communications, PB Fintech: Report

SoftBank had invested approximately $1.4 billion in One97 Communications four years ago, acquiring a 17.4 per cent stake in the company. It also has a 12.4 per...


09 March 2022
IPO-Bound Mobikwik Posts First-Ever Profit In December Quarter, Says Upasana Taku

IPO-Bound Mobikwik Posts First-Ever Profit In December Quarter, Says Upasana Taku

The company recorded a profit of around Rs 7 crore in the third quarter of 2021-22, after losing money in the first and second quarters.


02 March 2022
BharatPe Board Accuses Ashneer Grover Of Fraud In Company, Fires Him

BharatPe Board Accuses Ashneer Grover Of Fraud In Company, Fires Him

Grover family and their relatives engaged in extensive misappropriation of company funds, including, but not limited to, creating fake vendors through which...


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23 February 2022
BharatPe Sacks Ashneer Grover's Wife Madhuri Jain, Cancels ESOPs

BharatPe Sacks Ashneer Grover's Wife Madhuri Jain, Cancels ESOPs

Madhuri is alleged to have used company funds for personal beauty treatments, buying electronic items and family trips to the US and Dubai


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