Sachin Bansal Continues his Love Affair with Fintech Startups

The NBFC industry may be facing its worst liquidity crisis but trying explaining this to Sachin Bansal, who completely seems to be in a defiant mood. After backing strings of Fintech startups recently, Bansal has now infused funds in the Mumbai based Fintech startup U Gro. The Flipkart co-founder along with Poonawalla family has invested…

ByGirish ShettiOctober 7, 20190Comments

Funding News

Afthonia Lab pulls in investor interest to build corpus upto 5Cr

Afthonia Lab, the first of its kind fintech incubator in India, has pulled together key players in the investor community to build a corpus INR 3Cr -5Cr. The incubator has pioneered in providing unparalleled access to global mentors and key industry veterans for its incubated startups since its launch in May 2019 in order to…

ByGirish ShettiOctober 3, 20190Comments

Funding News

Fintech startups Vyapar and CashFlo Raise Series A Funding

Vyapar Tech, a Fintech startup which offers billing software for SMEs, has secured $5 Mn (nearly Rs 36 crore) from Indiamart. Existing investors Axilor Venture and India quotient also pumped capital in the funding round. B2B Fintech startups Vyapar and CashFlo secure funding...Image source: kalhh from Pixabay Started in 2016, Vyapar offers free business accounting software that…

ByGirish ShettiSeptember 4, 20190Comments

Funding News

Tiger Global Pumps $15 Mn in Fintech Startup INDwealth

INDwealth - Artificial Intelligence (AI) and Machine learning (ML) based financial advisory platforms for HNIs - has raised $15 million from New York headquartered hedge fund Tiger Global. According to media reports, no other prominent investors participated in the funding round. The latest funding comes barely 10 months after INDwealth secured whopping $30 Mn capital…

ByGirish ShettiAugust 22, 20190Comments

Funding News

Naspers plan to Invest $200 Mn in Capital Float hits Dead End

Capital Float and Naspers Ltd have called off their investment talks wherein the latter was planning to invest $200 million in the Fintech startup, according to Livemint report. Livemint claims that Sashank Rishyasringa, co-founder of Capital Float, has confirmed the news by an email. Capital Float and Naspers call off their investment talks Rishyasringa said that this…

ByGirish ShettiJune 24, 20190Comments

Funding News

B2B Fintech Startup Razorpay Raises $75 Mn in Fresh Round

B2B Fintech startup Razorpay has raised $75 million (about Rs 525 crore) in its fresh funding round. The round was spearheaded by Ribbit Capital, a fintech focused investment firm. The round also saw the participation by Sequoia Capital, becoming the new investor in the Bengaluru based company. Existing investors Tiger Global Management and Y Combinator’s…

ByGirish ShettiJune 18, 20190Comments

interviews

RevFin is Confident about Building Rs 500 crore loan book in next Five years

Today there exists intense competition in India’s Fintech Sector as young and restless entrepreneurs join the Fintech bandwagon with pulsating quest. Their quest is to make most of the opportunities offered by the ongoing Fintech revolution while promoting financial inclusion across the country. Now a new startup RevFin has joined this long drawn quest. RevFin aims to…

ByGirish ShettiNovember 1, 20180Comments

interviews

Exclusive: Honesty & Transparency will help in making Finway Capital a truly zero NPA Fintech company

Our ethical work culture will help in making will help in making Finway Capital a truly zero NPA Fintech company. For Rachit Chawla the dream to start and head his own company never came as an afterthought. The entrepreneurial spirit, after all, ran too deep in his family genes and the urge to carry forward this…

ByGirish ShettiAugust 7, 20180Comments

News

Online Loan Marketplace IndiaLends raises $10 Mn in Series B round

IndiaLends raises $10 million in series B round. Fintech industry seems to have become the new darling of investors as this new age sector continues to attract big moolah from the investment community. The latest Fintech startup to receive blessing from investors is IndiaLends. The Delhi headquartered startup secured $10 million (nearly Rs 69 crore) in…

ByGirish ShettiJuly 9, 20180Comments

Utility focussed

China’s Shunwei Capital leads $6.25 Mn round in Fintech startup Loantap

Fintech startup Loantap raises $6.25 mn in fresh round. Mumbai headquartered fintech startup Loantap has secured $6.25 Mn (INR 43 Cr) in fresh fundraising round. The equity funding round was spearheaded by China based VC firm Shunwei Capital, while existing investors India Quotient and Kae Capital also infused funds in the round. Private investment company Tuscan…

ByGirish ShettiJuly 5, 20180Comments

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