Tag: India

Navi Technologies raises new round worth over $394.2m led by Flipkart’s...

FinTech company Navi Technologies has raised roughly in $394.2m in a new venture round led by Sachin Bansal, the co-founder of Indian e-commerce giant Flipkart.

Insurance Samadhan said to close seed funding round

India-based Insurance Samadhan has reportedly secured a seed funding round from Venture Catalysts.

Vivriti Capital reportedly nets $50m in its Series B round

Vivriti Capital, a digital marketplace which connects investors and companies, has bagged $50m in its Series B round, coming less than a year since its former round.

FinTech deal activity in India has nearly doubled since 2015

The number of FinTech transactions hit an all-time high of 154 last year Indian FinTech companies raised over $18.6bn across 563 transactions between 2015...

Court extends period it keeping Yes Bank co-founder in custody on...

Rana Kapoor, the co-founder and former CEO of Yes Bank, is facing money laundering charges and will be staying in custody until at least March 20, a court has decided.

PhonePe partially spins out of Flipkart and raises $700m

PhonePe is partially spinning out from Flipkart and has raised $700m in a round led by Walmart and supported by prior investors.

India’s Paytm gets its insurance brokerage license

Payment giant Paytm has received a new insurance brokerage license from India’s Insurance Regulatory and Development Authority.

ESMA warns that Brexit and the US-China trade war are still...

Massive geopolitical events continue to stir up a lot of financial market volatility, according to the EU’s leading financial markets watchdog.

India’s central bank sooths e-wallet customers’ cancellation fears with new low...

Millions of digital wallet users can keep their accounts after the Reserve Bank of India's (RBI) new move.

Reserve Bank of India fines HDFC Bank $107,696 for failing to...

The central bank of India has found a lender’s due diligence procedures lacking and has fined the bank Rs one crore ($107,696) as a result.

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