Venture Capital

MobiKwik-backed Blostem bags seed funding

MobiKwik-backed Blostem bags seed funding

30 Jun 2025, 19:17 PM

The latest funding round valued the Delhi-based startup at Rs 45 crore.

Pazy secures pre-seed funding led by Inuka Capital

Pazy secures pre-seed funding led by Inuka Capital

26 Jun 2025, 12:36 PM

The Bengaluru-based startup will use the fresh capital to boost its product capabilities, strengthen it ecosystem integrations, and grow the platform to Rs 10,000 crore in annual spend under management over the next year.

Cross-border payments startup Aspora bags $53 million in Series B funding

Cross-border payments startup Aspora bags $53 million in Series B funding

20 Jun 2025, 14:41 PM

The fresh capital takes the company's total equity fundraise across seed, Series A and Series B rounds in the last 10 months to about $93 million.

Mahaveer Finance raises Series C funding from Elevation Capital, others

Mahaveer Finance raises Series C funding from Elevation Capital, others

19 Jun 2025, 11:55 AM

The fresh capital will be used to boost its presence in southern India, enhance its proprietary credit infrastructure, and expand its lending to underbanked customer segments.

Techfino secures Rs 65 crore funding from Stellaris, Saison

Techfino secures Rs 65 crore funding from Stellaris, Saison

18 Jun 2025, 11:43 AM

The Bengaluru-based company will use the capital to double its branch network from 30 to 60 branches in the next 12 months.

UGRO Capital to acquire Profectus for $162 million

UGRO Capital to acquire Profectus for $162 million

17 Jun 2025, 20:56 PM

The acquisition is expected to add around Rs 150 crore of annualized profit to UGRO.

Saswat Finance bags pre-Series A funding led by Ankur Capital

Saswat Finance bags pre-Series A funding led by Ankur Capital

17 Jun 2025, 16:06 PM

Saswat Finance will use the fresh capital to launch new products, strengthen its technology capabilities and boost its operations across Maharashtra, Karnataka and Uttar Pradesh.

Razorpay picks majority stake in consumer payments platform POP

Razorpay picks majority stake in consumer payments platform POP

17 Jun 2025, 13:58 PM

POP had raised $2.4 million in its seed funding round led by India Quotient and angel investors last year.

FamApp

FamApp's co-founder exiting startup via secondary stake sale

16 Jun 2025, 13:12 PM

The fintech startup has struggled to raise fresh capital since its Series A funding round of $38 million in 2021.

Open, but not Transparent: Inside the Cracks at India’s 100th Unicorn

Open, but not Transparent: Inside the Cracks at India’s 100th Unicorn

12 Jun 2025, 11:58 AM

Once celebrated for disrupting SME banking with its neobank model, Open’s journey since hitting the $1 billion mark in 2022 has been anything but smooth.

Uni Cards spun off entity PowerUp raises money from Accel, Blume

Uni Cards spun off entity PowerUp raises money from Accel, Blume

11 Jun 2025, 13:49 PM

In February, The Head and Tale reported that PowerUp Money raised $4.75 million to build a next-generation wealth management platform.

API infra firm Decentro raises Rs 30 crore in Series B led by Info Edge

API infra firm Decentro raises Rs 30 crore in Series B led by Info Edge

06 Jun 2025, 11:47 AM

InfoEdge Ventures led the round, along with participation from Stargazer Ventures and Infinyte Club Angel Fund.

Zerodha

Zerodha's NBFC unit posts Rs 36 crore revenues, Rs 12.5 crore net profit for FY25

30 May 2025, 22:05 PM

The rating agency ICRA said Zerodha Capital witnessed a "healthy" scaleup in its loan against securities book to Rs 381 crore as on December 31, 2024.

MSME lender Saarathi Finance raises Rs 350 crore in funding

MSME lender Saarathi Finance raises Rs 350 crore in funding

29 May 2025, 16:05 PM

TVS Capital Funds, Lok Capital, Evolvence Equity Partners, Paragon Partners, and other angels collectively invested about Rs 350 crore in the NBFCs.

Fintech Highlights

  1. Manipal Payment and Identity Solutions files draft papers for IPO via confidential route: report

  2. MobiKwik-backed Blostem bags seed funding

  3. MobiKwik elevates Saurabh Dwivedi as Chief Technology Officer

  4. Jio Financial pumps Rs 190 crore into payments bank

  5. Net1 exits MobiKwik after 8-year investment, books a loss
  6. Read more highlights...

AI/Emerging Tech

  1. AI Mode, ChatGPT or Perplexity - who's best at keeping kids active indoors on hot days

  2. Over 40% of agentic AI projects to be scrapped by 2027-end: Gartner

  3. At a Glance: AI Data Labeling companies beyond Scale AI

  4. Darwix AI bags seed funding

  5. Google plans to snap ties with Scale AI after Meta's "significant" investment
  6. Read more highlights...

Editor's Pick

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  3. Madras HC grants anticipatory bail to Strata founder in email impersonation case