Explore the latest news, in-depth reports, and executive analysis tagged with #Fintech Association For Consumer Empowerment.
Fund III will invest across sectors, with a strong focus on consumer technology, fintech, and businesses leveraging artificial intelligence.
It added 15 of the 28 AI startups in its portfolio have raised externally led follow-on funding rounds from institutional investors including Insight Partners, Peak XV, SIG and Vertex.
The fund will be anchored by Safari Commercials, with Alphagrep Group's Mohit Mutreja among its Limited Partners (LPs).
The average sanctioned ticket size during the April-December period was Rs 15,493.
The public offer comprises of fresh issue of shares of Rs 1,500 crore and an offer for sale (OFS) of 136 million shares.
Fresh from raising a $250mn fund, Fireside says it's not betting on AI models or power-law outliers, but on India becoming the AI use-case capital.
The funding round also saw participation from existing investors including TPG's The Rise Fund and Norwest Venture Partners.
However, female participation in the digital personal loan market is rising at a snail's pace as it grew from just 16.7% of the total sanction value in H1 FY25 to 17.2% in H1 FY26.
In this deep-dive, we look at the time when consumer electronics company Boat had filed the DRHP in 2022 and the point where it may have peaked before it began to slide.
Zoho Pay will be a standalone app while it will be embedded within its chat platform Arattai.
Of the total, only 12% or Rs 1,06,548 crore of the overall value of personal loans accounted for fintech NBFCs in FY25.
The report noted that India has more than 600,000 AI professionals and the number is expected to more than double to 1.25 million by 2027.
How internal challenges and shifting priorities derailed Mahindra Finance’s ambition to mirror Bajaj Finance’s success in digital lending.
However, quarter-on-quarter sanction value declined by 15% in Q3 FY24-25 compared to Q2 FY24-25.
