Funding

Jainam Broking invests $3 million in investing platform Deciml

Jainam Broking invests $3 million in investing platform Deciml

04 Mar 2025, 16:32 PM

Deciml, which uses its round-up feature to automatically invest spare change from users’ daily transactions into mutual funds, is Jainam Broking's first startup investment.

InsuranceDekho raises $70 million round co-led by Beams Fintech, MUFG

InsuranceDekho raises $70 million round co-led by Beams Fintech, MUFG

04 Mar 2025, 16:07 PM

This capital will enable InsuranceDekho to expand reach, enhance tech-driven offerings, and solidify position, the company's founder Ankit Agrawal said.

Education financing startup Lorien Finance raises $2.25 million led by FlatIronX

Education financing startup Lorien Finance raises $2.25 million led by FlatIronX

28 Feb 2025, 15:53 PM

Additional investors include Seedstars International Ventures, Ahimsa Capital, ex-Paytm COO Bhavesh Gupta, ex-BharatPe MD Ashneer Grover, others.

Government, Paytm ink pact to support fintech startups with mentorship, funding

Government, Paytm ink pact to support fintech startups with mentorship, funding

27 Feb 2025, 00:30 AM

Paytm will provide mentorship, infrastructure support, market access, and funding opportunities to startups.

Cross-border payments startup Dodo Payments raises $1.1 million in pre-seed funding

Cross-border payments startup Dodo Payments raises $1.1 million in pre-seed funding

25 Feb 2025, 17:31 PM

The round was led by Antler, 9Unicorns, and Venture Catalysts, with participation from several angel investors.

Zeta raises $50 million at a valuation of $2 billion

Zeta raises $50 million at a valuation of $2 billion

16 Feb 2025, 01:50 AM

The new investment from US-based healthcare firm Optum values the banking tech company at $2 billion.

Cashfree raises $53 million led by Korean firm Krafton, Apis Partners

Cashfree raises $53 million led by Korean firm Krafton, Apis Partners

05 Feb 2025, 15:56 PM

The capital will accelerate Cashfree’s payments offering and boost market outreach, the Bengaluru-based payment aggregator said in its statement.

SME lender BizLoan raises Rs 35 crore from Michael & Susan Dell Foundation, others

SME lender BizLoan raises Rs 35 crore from Michael & Susan Dell Foundation, others

28 Jan 2025, 19:52 PM

The NBFC aims to expand its footprint, particularly in underserved markets, enhance its loan product offerings, and invest in advanced technology...

Fintech small finance bank Slice in talks to raise $300 million

Fintech small finance bank Slice in talks to raise $300 million

27 Jan 2025, 15:17 PM

The company has reportedly briefed the Reserve Bank of India about its fundraising plans.

IIFL Fintech Fund closes Rs 200 crore second fund

IIFL Fintech Fund closes Rs 200 crore second fund

24 Jan 2025, 15:55 PM

the Fund-II aims to invest in the next generation fintechs of India including in the generative artificial intelligence space.

VuNet Systems raises Rs 60 crore in Series B led by Pravega Ventures

VuNet Systems raises Rs 60 crore in Series B led by Pravega Ventures

24 Jan 2025, 15:30 PM

The funding round also saw participation from Kotak Securities and existing investors.

Agri-tech lender Arya.ag secures $30 million debt via GuarantCo

Agri-tech lender Arya.ag secures $30 million debt via GuarantCo

24 Jan 2025, 15:24 PM

GuarantCo, funded by governments of the UK, Switzerland, Australia, and Sweden, provided two partial guarantees to HSBC India for the loan given to Arya.ag.

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, 15:17 PM

The JV’s wholly owned subsidiary will be called 'Jio BlackRock Broking' -- which will undertake the business of broking.

Infinity Fincorp raises $35 million from Jungle Ventures, others

Infinity Fincorp raises $35 million from Jungle Ventures, others

10 Jan 2025, 00:38 AM

This investment boosts Infinity’s net worth to Rs 530 crore, the company said in a statement.

Merchant payments firm Mintoak secures secondary funding round

Merchant payments firm Mintoak secures secondary funding round

10 Jan 2025, 00:26 AM

As part of this deal, Z3Partners is acquiring a minority stake from some of Mintoak’s initial institutional investors.

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

Accel’s latest fund, its eighth in India and SEA, will bet on AI, consumer brands, fintech, and manufacturing areas.

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

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

06 Jan 2025, 14:19 PM

This story delves into Stashfin’s business operations – which have largely remained out of the public and media spotlight, as the company prefers to keep things under wraps.

Fintech Hightlights

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

  2. General Catalyst leads $218 million seed round in PB Fintech's healthcare unit

  3. Fino Bank reports growth in FY25 revenues, net profit

  4. Kaleidofin raises $5.3 million round led by IDH Farmfit Fund

  5. FM Nirmala Sitharaman asks NPCI to address infra gaps to curb UPI outages
  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?