Tag: India

India-based crowdfunding platform CrowdPouch has closed an angel investment round after a successful first year of operations.

India has established a strong FinTech sector. More than $18.6bn being invested into the space since 2015, FinTech Global’s data shows, and the country looks to be still pulling in interest.

Juspay has collected $21.6m in its Series B round, which was led by Bermuda-based venture capital firm Vostok Emerging Finance.

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.

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

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.

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...

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

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