Tag: India
Mahindra raises $100m in funding from IFC to support more loans
Mahindra & Mahindra Financial Services has raised $100m in funding from IFC, a member of the World Bank Group.
Matrix Partners raises up to $1.2bn across pair of new fundraises
Matrix Partners appears to have hit the final close for a pair of new funds after pulling in $1.2bn across the vehicles.
Nivesh raises $444,000 for mutual funds investment platform
Nodia, India-based Nivesh, a mass market mutual funds investment platform, has raised $444,000 in seed funding.
ToneTag said to raise between $8m to $10m in Amazon, MasterCard...
Contactless payment platform ToneTag has reportedly raised between $8m and $10m in its latest funding round.
India-based InsurTech platform Acko raises $12m
Online insurer company Acko General Insurance has raised a $12m funding round led by Amazon.
Toffee Insurance bags $1.5m Seed to support team expansion
India-based digital insurance platform Toffee Insurance has closed a $1.5m Seed round. The investment was led by Kalaari Capital, Omidyar Network, and Accion Venture Lab. Toffee...
Walmart said to acquire 77% stake in Flipkart through $16bn deal
US retail corporation Walmart is reportedly acquiring a 77 per cent stake in e-commerce marketplace Flipkart in a $16bn deal.
Deutsche Bank acquires Quantiguous Solutions to support Open Banking development
Deutsche Bank has acquired India-based Quantiguous Solutions, an API solution developer for financial institutions.
Online lending platform LoanTap said to raise $6.25m in funding
India-based online lending platform LoanTap has reportedly collected $6.25m in a funding round led by Shunwei Capital.
Kuvera closes $250k seed round from group of angels
India-based personal finance platform Kuvera has closed a $250,000 seed investment from a group of angels.
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