Tag: India

New e-KYC guidelines published by Indian regulator to help illiterate people...

People who cannot read have been given more opportunities to open new bank accounts in India thanks to new electronic know your customer (e-KYC) guidelines.

India-based IDfy said to raise $2.1m in its new funding round

Digital KYC solution IDfy has reportedly raised around $2.1m in funding to support its growth and expansion plans.

Toffee Insurance said to close $5.5m Series A round

Toffee Insurance, an Indian InsurTech startup, has reportedly closed a Series A round on $5.5m to support the creation of new products.

ZestMoney said to raise $15m in Series B

POS lending platform ZestMoney has reportedly raised $15m in a Series B round led by Goldman Sachs.

Zetwerk closes $32m Series B round

Indian business-to-business manufacturing marketplace Zetwerk to boost international trade with its new capital injection.

India is getting close to implementing Personal Data Protection Bill

India’s personal data protection regulation is allegedly set to be introduced in parliament during the government’s current winter session.

Barclays has opened a new centre in Pune to boost innovation

With the launch of its new Indian campus, Barclays hopes to improve innovation in the bank.

India explores blockchain framework

India is exploring a potential National Level Blockchain Framework which will support the scaling up and wider deployment of the technology.

Paytm closes $1bn round, rising its valuation to $16bn

India’s payment giant Paytm has closed its latest round of funding as it looks to deploy RS 10,000 Cr ($1.4bn) to increase financial inclusion to more users in the country.

PolicyBazaar reportedly raises $150m in funding

PolicyBazaar has reportedly received an investment from Chinese technology firm Tencent, which values the InsurTech at $1.5bn.

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