Tag: India

India-based Bike Bazaar, which offers financing options for two-wheeled vehicles, has reportedly raised $21m as part of an ongoing Series D.

Digital payments app PhonePe becomes a decacorn following the closing of a $350m funding round, which doubles its valuation to $12bn.

India-based SayF, which offers a personal finance app, has reportedly raised $240,000 in its pre-seed round, which will support its hiring efforts.

The Reserve Bank of India plans to raise $2bn in its first-ever green bond offering to support green infrastructure projects in the country.

Chinese e-commerce giant Alibaba has reportedly sold half of its position in India-based payments company Paytm.

KreditBee, a lending mobile app based in India, has reportedly secured an additional $100m in funding to support its expansion across South Asia.

Axis Bank, an Indian bank, has teamed with digital banking enterprise OPEN to provide a fully-native digital current account journey for its customers.

Fello, which claims to be India’s first game-based savings app, has reportedly raised $4m in a funding round led by US-based Courtside Ventures.

India-based neobanking platform Jupiter has reportedly snared INR 25 crore ($3m) in debt from Alteria Capital.

SarvaGram, an India-based rural FinTech company, has scored $35m in a Series C investment round.