Tag: India
Angel investors back CapitalSetu with £350K
CapitalSetu, an ambitious start-up in the burgeoning financial technology industry, has reportedly raised £350,000 in its seed round.
Indian edu-FinTech firm EduFund bags $3.5m led by MassMutual Ventures
EduFund, an India-based education-focused FinTech firm, announced the successful completion of a $3.5m pre-series A funding round.
Indian FinTech company Niro collects $11m in Series A
Indian FinTech company Niro, which offers consumer lending products, has reportedly secured $11m in its Series A funding round.
UK and India bolster FinTech partnership to strengthen market growth
A new report by the IUFKP has released a report on how the UK and India can boost collaboration to accelerate FinTech growth.
India’s RBI launches framework for green deposit acceptance
The RBI has issued guidelines for acceptance of green deposits for banks and NBFCs where the funds can be used for green projects.
India’s PhonePe nets further $200m as part of $1bn funding plan
Indian FinTech giant PhonePe has raised $200m in a primary capital investment from Walmart. PhonePe’s pre-money valuation was $12bn.
Zaggle secures $6m debt funding from Vivriti Asset Management
Zaggle, a spend management software-as-a-service provider, has reportedly secured INR 500m ($6m) in debt funding from Vivriti Asset Management.
Supply chain financing company Mintifi scores $110m Series D
Mintifi, an India-based supply chain financing platform, has reportedly received $110m in a Series D round.
India’s SEBI puts forward new ESG rules
The Securities and Exchange Board of India (SEBI) has released a consultation paper on requiring large firms to provide greater assurances on their ESG reporting.
India-based SaaS provider Mintoak scores $20m Series A
Mintoak, an India-based SaaS platform aimed at merchant services, has scored $20m in its Series A funding round.
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