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India-based Bike Bazaar, which offers financing options for two-wheeled vehicles, has reportedly raised $21m as part of an ongoing Series D.
Digital payments app PhonePe becomes a decacorn following the closing of a $350m funding round, which doubles its valuation to $12bn.
The Reserve Bank of India plans to raise $2bn in its first-ever green bond offering to support green infrastructure projects in the country.
Chinese e-commerce giant Alibaba has reportedly sold half of its position in India-based payments company Paytm.
KreditBee, a lending mobile app based in India, has reportedly secured an additional $100m in funding to support its expansion across South Asia.
Axis Bank, an Indian bank, has teamed with digital banking enterprise OPEN to provide a fully-native digital current account journey for its customers.
India-based neobanking platform Jupiter has reportedly snared INR 25 crore ($3m) in debt from Alteria Capital.