Tag: NBFC

Digital lender Axio boosts operations with $20m investment from Amazon’s fund

Axio, formerly known as Capital Float, has announced a significant boost in funding, securing $20m from the Amazon Smbhav Venture Fund.

Fin+InsureTech firm Finsall secures Rs 15 crore in bridge funding round

Finsall, an innovative Fin+InsureTech company, has successfully secured a bridge round of Rs 15 crore, led by prominent investors Unicorn India Ventures and Seafund.

DMI Group acquires ZestMoney in fire sale

The DMI Group has revealed its strategic acquisition of the ZestMoney platform in a fire sale that concludes a turbulent year for the Goldman Sachs-backed firm.

Indian Auxilo Finserve secures ₹470cr to boost financial education sector

Auxilo Finserve Private Limited, an Indian non-banking finance company (NBFC) specialising in education finance, has recently declared the successful procurement of ₹470 crores in primary equity capital.

TransBnk bags $1m from 8i Ventures-backed seed round

TransBnk has made a significant stride in its growth journey by successfully amassing $1m in seed funding.

Finova Capital raises $6m from Sequoia India

Jaipur-based non-banking financial company Finova Capital has raised $6m over two tranches from Sequoia India.

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