Dia Vikas Capital

Digital lender Avanti Finance raises $14.2 million from Dia Vikas Capital, others

Digital lender Avanti Finance raises $14.2 million from Dia Vikas Capital, others

11 Dec 2024, 16:15 PM

Existing investors IDH Farmfit Fund, NRJN Family Trust, Rabo Partnerships and select HNIs.

Fintech Hightlights

  1. BillDesk co-founder MN Srinivasu is new IAMAI chairman

  2. PhonePe system faced UPI payment failures due to tech glitch

  3. BillDesk reports decline in FY24 revenue, profits

  4. Paytm financials: FY25 revenue dips 31% to Rs 6900 crore; loss narrows 50%

  5. General Catalyst leads $218 million seed round in PB Fintech's healthcare unit
  6. Read more highlights...

Editor's Pick

  1. NPCI’s Silent Power Play: The policy muscle and money behind RuPay’s credit push

  2. BharatPe’s NBFC Trillion Loans FY24 statement: Auditor flags ‘material weakness’ in financial controls

  3. Decoding Stashfin: Business, funding, and culture struggles — can Paytm veteran turn it around?