Krazybee appoints Ex-RBI Director G Gopalakrishna as Independent Director

NBFC and Fintech startup Krazybee has appointed former Executive Director (ED) of Reserve Bank of India G Gopalkrishna as an independent director. Former Executive Director (ED) of Reserve Bank of India G Gopalkrishna The Bengaluru based startup said in its official press release that Mr. Gopalakrishna will bring a wealth of financial experience for the company. The…

ByGirish ShettiDecember 30, 20200Comments

Funding News

Micro-enterprise focused digital Lender Aye Finance raises Debt Funding

Fintech startup Aye Finance has raised debt funding worth $10 Mn from Cataylst Trusteeship Limited. This development was first reported by the news portal Inc42. The funding has reportedly happened through Cataylst’s two investment arms – AAV Sari and Masala Investment Sari. Logo of fintech startup Aye Finance...Image source: Techpluto This is Delhi based startup’s second fundraising…

ByGirish ShettiDecember 28, 20200Comments

Funding News

Fintech startups Slice and Aye Finance raise funds

Fintech and credit startup Slice has scooped up INR 46 crore in a pre-series B round. Japanese investor Gunosy spearheaded the round while Kunal Shah of Cred also participated in the round. American investment firm EMVC, Better Capital and existing investor Das Capital were among other participants. The company said that the latest funding will help…

ByGirish ShettiJune 25, 20200Comments

Funding News

Weekly startup Funding: Eduisfun & Aye Finance Raised This Week’s Biggest Funding

So, how did the Indian startups fared on funding horizon in the last week of 2019. Well, the funding scenario during year’s last week can only be described as tepid or average at the best. But it is still too early to adjudge that economic slowdown has started taking toll on the investment spree. While…

ByGirish ShettiDecember 28, 20190Comments

Funding News

Aye Finance Scoops up $7.99 Mn from DCB Bank

Digital Fintech Lender, Aye Finance, has scooped up $7.99 Mn (55 Cr) in its latest funding round. The startup’s latest funding round is financed through a debt instrument and is led by the DCB Bank via securitisation deal. The fresh capital infusion will be proceeded towards expanding company’s loan portfolio and providing affordable credit to…

ByGirish ShettiJuly 31, 20190Comments

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