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IIFL Fintech Fund closes Rs 200 crore second fund

IIFL Fintech Fund closes Rs 200 crore second fund

24 Jan 2025, 15:55 PM

IIFL Fintech Fund has closed its second fund after raising Rs 200 crore as it aims to invest in the next generation fintechs of India including in the g...

Jio, BlackRock JV sets up stock broking unit; invests Rs 117 crore in mutual fund unit

Jio, BlackRock JV sets up stock broking unit; invests Rs 117 crore in mutual fund unit

24 Jan 2025, 15:16 PM

Jio BlackRock Investment Advisers, a joint venture between Jio Financial Services and global asset manager BlackRock, has set up a new unit for broking ...

Accel announces $650 million early-stage fund to bet on AI, fintech

Accel announces $650 million early-stage fund to bet on AI, fintech

07 Jan 2025, 21:55 PM

Venture capital firm Accel has raised a $650 million early-stage fund to support founders in India and Southeast Asia. Ac...

Unifi Asset Management receives Sebi nod to launch mutual fund business

Unifi Asset Management receives Sebi nod to launch mutual fund business

14 Nov 2024, 22:13 PM

Unifi Asset Management, a subsidiary of Unifi Capital, has received final approval from the Securities and Exchange Board of India (SEBI) to commence it...

Rajeev Misra steps down as co-chief of SoftBank Vision Fund

Rajeev Misra steps down as co-chief of SoftBank Vision Fund

13 Nov 2024, 15:09 PM

SoftBank said the co-CEO of Vision Fund, Rajeev Misra will be stepping down from his leadership roles at world’s largest venture capital fund SoftBank...

Who Reads Us

Fintech Highlights

  1. Neo Group raises Rs 350 crore in funding round led by Peak XV Partners

  2. Kissht gets AMFI registration for mutual fund distribution biz

  3. Finova Capital FY26 revenue up 21% to Rs 921 crore, net profit falls 11%

  4. Groww Q1 revenue up 66% to Rs 1,501 crore, net profit surges 94%

  5. InsuranceDekho targets September DRHP filing for Rs 2,500-3,000 crore IPO
  6. Read more news...

AI/Emerging Tech

  1. Thinking Machines Lab launches its first AI model Inkling

  2. SwitchOn secures pre-Series B funding led by IvyCap Ventures

  3. KuhlTherm bags seed funding led by Arkam Ventures

  4. Emergent raises Series C funding round led by Creaegis at unicorn valuation

  5. E3 Electric.Ai raises Series A funding led by BluVenture Holdings
  6. Read more news...

IPO Tales

  1. Zepto IPO: Can this cash-hungry quick commerce model turn profitable?

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

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

  4. Fractal IPO: A bountiful harvest for PE investors, now comes the real AI test
  5. Read more news...

Money & Machines

  1. Money & Machines: (UPI) Zero for Whom?; The Sovereign AI Dilemma

  2. Money & Machines: Regulating crypto without regulating crypto; iMerit's human edge

  3. Money & Machines: Pricing Razorpay; Where is Indian PE in AI?

  4. Money & Machines: When fintech forgot to party; AI hype missing cheques + Stock Chart [story]
  5. Previous editions...

PE/VC Tales

  1. Inside the fintech bets of Blume Ventures

  2. There's much more to AI than just agentic AI: Inflexor's Harsha Mundhada

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

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