Tag: India

South Korea-based True Balance has reportedly collected $28m in its Series D round, as it expects to reach profitability next year.

India-based digital insurer Turtlemint has reportedly bagged $30m in its Series D round, which was led by GGV Capital.

Slice, a payments app for millennials and generation Z in India, has reportedly closed a $5.2m debt facility to increase its lending capacity.

Indian regulators has given WhatsApp a thumbs up, allowing the Facebook-owned app to operate as a payment service in the country.

FlexiLoans, which provides MSMEs in India with quick access to financing, has reportedly raised 150 crore ($20.1m) in a funding round comprised of both debt and equity.

Revenue-based financing platform GetVantage has reportedly closed $5m in its seed funding round, which will help it to expand into new markets across Southeast Asia.

Dhaka-headquartered ShopUp has raised $22.5m in what could be the biggest Series A funding round ever in India.

Unocoin, which claims to be India’s first cryptocurrency exchange, has closed its Series A round on $5m.

India-based Razorpay has picked up another $100m in Series D funding round co-led by Sequoia India and GIC. Sequia had previously backed Razorpay's $75m Series C round in 2019.

Online lending platform CreditWise Capital has reportedly netted $6m in a funding round from angel investors and family offices.