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OfBusiness' lending arm Oxyzo secures Rs 100 crore in debt

OfBusiness' lending arm Oxyzo secures Rs 100 crore in debt

25 Feb 2025, 03:19 AM

OfBusiness' lending arm Oxyzo has reportedly raised Rs 100 crore (approximately $12 million) in debt from AK Capital Finance, a subsidiary of merchant b...

Agri-tech lender Arya.ag secures $30 million debt via GuarantCo

Agri-tech lender Arya.ag secures $30 million debt via GuarantCo

24 Jan 2025, 15:23 PM

Agritech lender Arya.ag has raised $30 million (or Rs 250 crore) debt facility from HSBC and GuarantCo, a financial institution under the Private Infras...

BNPL startup Snapmint raises $18 million in mix of debt and equity

BNPL startup Snapmint raises $18 million in mix of debt and equity

14 Dec 2024, 04:15 AM

Snapmint has raised $18 million in debt and equity led by Prashasta Seth (Prudent Investment Manager). The round also saw...

Fintech, EV startups increasingly turning to venture debt in India: Lighthouse Canton report

Fintech, EV startups increasingly turning to venture debt in India: Lighthouse Canton report

14 Nov 2024, 22:40 PM

The venture debt market in India is steadily growing, mirroring the early days of venture capital, a Lighthouse Canton report said. Indian founders are ...

Phi Commerce launches debt collection tool for banks and NBFCs

Phi Commerce launches debt collection tool for banks and NBFCs

23 Oct 2024, 18:06 PM

Oct 22: Payments aggregator Phi Commerce has launched a new debt collection product suite, CollectiPhi-360 to enable financial institutions manag...

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Fintech Highlights

  1. ED raids Safexpay, Decentro, others in online investment fraud probe

  2. PhonePe says dormant wallet fee will not impact UPI, bank accounts

  3. ED searches crypto firms over alleged Rs 2,500 crore FEMA violations

  4. Vridhi Home Finance FY26 net profit grows around five-fold

  5. Actis sells Pine Labs shares worth Rs 152 crore via bulk deal
  6. Read more news...

AI/Emerging Tech

  1. OpenAI’s Q1 cash burn hits $3.7 billion as it readies for IPO

  2. HSBC expands AI push with Google Cloud deal

  3. Pramaana Labs raises $27 million led by Khosla Ventures

  4. SpaceX to acquire AI coding startup Cursor in $60 billion deal

  5. ContraVault AI raises pre-Series A funding led by Chiratae Ventures
  6. Read more news...

IPO Tales

  1. Turtlemint IPO: Behind its 8x revenue jump, an internal deal does the heavy lifting

  2. Shiprocket IPO: A profitable core, costly emerging bets

  3. Fractal IPO: A bountiful harvest for PE investors, now comes the real AI test

  4. Boat IPO: A second shot amid management shake-up, flat revenues, eager to exit investor
  5. Read more news...

Money & Machines

  1. Money & Machines: MobiKwik's Third Lending Act; The Entry-Level Squeeze

  2. Money & Machines: RBI's quiet signals; Tamil Nadu's AI act

  3. Money & Machines: One on 1Pay; Gen Z goes AI-First

  4. Money & Machines: Project UPI Meta is back; A case for industrial AI
  5. Previous editions...

PE/VC Tales

  1. Zetwerk-backer Kae Capital sees more exits in next 12 months, says AI startup valuations high

  2. Micro VCs: Fueling India's startup pipeline or distorting it?

  3. Inside the fintech and financial services bets of Peak XV, Accel, Elevation

  4. Enterprise bets pay off as Arali Ventures eyes ‘larger’ third fund
  5. Read more news...

Editor's Pick

  1. Exclusive: Reserve Bank of India cracks down on misuse of education payments

  2. Inside Rebel Foods, Droom backer Lightbox's post-exodus reset

  3. The LAP rush and MSME mirage: Is fintech lending building its next risk? [Part-3]