Tag: India

Indian lending startup CreditMate has raised $500,000 from early-stage investor India Quotient. The Mumbai-based startup focuses on financing users against used two-wheeled vehicles.

Lending startup KredX has raised $6.25m in a Series A round led by Sequoia Capital India. The round also saw existing backer Prime Venture Partners participate.

Indian online lending firm Lendingkart has acqui-hired the team behind personal loans marketplace KountMoney. The financial terms of the deal are undisclosed.

Indian FinTech company FinWizard has raised $1.1m in a funding round from Saama Capital. The Bengalruu-based company runs wealth management app Fisdom.

CloudPay is partnering with Indian enterprise software maker Ramco Systems to bring cloud-based payroll systems to more multinational organisations.

Unocoin has grabbed a $1.5m funding round for its bitcoin platform. It will use the capital for product developments and to expand the business and team.

Indian lending firm Hero FinCorp has raised Rs702 crore ($105m) from private equity firm ChrysCapital and Credit Suisse.

Indian online-to-offline real estate transaction firm Square Yards has taken on $12m in a new round of funding from the private equity are of Reliance Group.

Indian investment platform Finvasia has raised an undisclosed round of funding in its pre-launch phase. The investment comes from Indian VC Intrinsic and values the company at Rs150 crore ($22m).

One97 Communications, which operates Indian m-commerce platform Paytm, has raised $60m as a first step towards reaching a targeted $300m for its new round of funding.