Tag: India
Mazkara Internet buys Indian app startup BazingaLabs
Mazkara Internet has acquired mobile technology startup BazingaLabs, which has developed an app for users to find and book experiences, in a part equity, part...
Softbank looks to sell Snapdeal’s FreeCharge for less than 50%
Japanese web giant and investor SoftBank is reportedly in talks to sell Snapdeal-owned mobile wallet FreeCharge for as little as $150m to $200m.
Perfios nabs $6.1m to crunch data for banks
FinTech data startup Perfios has raised $6.1m in a Series A round from Bessemer Venture Partners. Perfios aims to help financial institutions in real-time decision making.
Perpule closes seed funding for queue-jumping payments
In-store payments app Perpule has secured $650,000 in Seed funding led by Kstart a sister company of VC Kalaari Capital.
Airpay picks up $3.6m for enterprise payments
Enterprise payments service Airpay has picked up $3.6m as part of its Series A. Kalaari Capital led the round for the Mumbai-based company.
Snapdeal pumps $20m in payments arm FreeCharge
The Mumbai-based payments service was acquired by the e-commerce giant in April 2015 for $400m and competes with in the region with Alibaba-backed Paytm.
Financial inclusion group Fincare lands $75m
There’s more investment going into Indian financial inclusion-focused lending platforms with Fincare picking up a $75m round.
Lending and credit health startup CreditMantri scoops up $7.6m
Indian digital lending and financial wellness startup CreditMantri has raised $7.6m in its Series B round. The investment was led by Quona Capital.
Ingenico expands Indian presence with TechProcess acquisition
Payments network Ingenico is acquiring Indian electronic payments provider Tech Process. The financial terms of the deal are undisclosed.
Loan Frame picks up $2.25m for SME lending
SME lender Loan Frame has picked up $2.25m in a seed round led by Vedanta Capital.