Finova Capital

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.

Fino Bank reports growth in FY25 revenues, net profit

Fino Bank reports growth in FY25 revenues, net profit

08 May 2025, 14:38 PM

The bank's net profit grew to Rs 92.5 crore during the period, from Rs 86.2 crore in FY24.

SME lender Finodaya Capital raises $2.5 million led by White Venture Capital

SME lender Finodaya Capital raises $2.5 million led by White Venture Capital

25 Apr 2025, 17:16 PM

Finodaya will operate on a hybrid “phygital” model, blending digital services with a physical branch presence to streamline loan disbursement and underwriting.

Fino Bank employees defraud merchants of Rs 35.55 crore; investigation reveals misconduct

Fino Bank employees defraud merchants of Rs 35.55 crore; investigation reveals misconduct

27 Jan 2025, 16:08 PM

The payments bank hired KPMG to conduct an independent investigation.

Finova Capital raises $135 million in Series E

Finova Capital raises $135 million in Series E

05 Nov 2024, 02:49 AM

Existing investors Norwest Venture Partners, Peak XV Partners, Faering Capital, and Maj Invest also doubled down in the round.

Fintech Highlights

  1. Insurtech platform Plum sets up health vertical

  2. EximPe gets in-principle licence to operate as cross-border payment aggregator

  3. PayU India secures Rs 302 crore investment from parent firm

  4. IPO-bound PhonePe ropes in former Meta India public policy head Shivnath Thukral

  5. Smallcase operating revenue jumps 57% to Rs 106 crore in FY25
  6. Read more highlights...

AI/Emerging Tech

  1. Oracle commits $3 billion for AI, cloud expansion in Europe

  2. Fractal Analytics raises $170 million via secondary share sale ahead of IPO

  3. LG introduces South Korea's first hybrid AI model

  4. Cognition to buy Windsurf after Google's reverse-acquihire $2.4 billion deal

  5. Meta's Zuckerberg commits hundreds of billions for AI data centers
  6. Read more highlights...

Editor's Pick

  1. RBI vs Government: The battle over India’s digital payments ecosystem explained

  2. What led Google-backed DotPe to shut down its lending unit

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