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Fundamentum Partnership

Stable Money raises $25 million in pre-Series C funding led by Peak XV

Stable Money raises $25 million in pre-Series C funding led by Peak XV

18 Feb 2026, 11:34 AM

The funding round saw participation from Z47 (formerly Matrix Partners), RTP Global, and Fundamentum Partnership.

Olyv raises $23 million in Series B funding from Fundamentum, SMBC Asia Rising Fund

Olyv raises $23 million in Series B funding from Fundamentum, SMBC Asia Rising Fund

11 Feb 2026, 13:35 PM

The Bengaluru-based startup will use the fresh capital to expand into other areas of financial services such as insurance distribution, UPI payments, and business loans.

TransBnk raises $25 million in Series B funding led by Bessemer Venture Partners

TransBnk raises $25 million in Series B funding led by Bessemer Venture Partners

28 Aug 2025, 12:25 PM

The fresh capital will be used for TransBnk's expansion into Middle East and Southeast Asia.

Peak XV-backed Probo under ED lens: Rs 284 crore assets seized amid online betting allegations

Peak XV-backed Probo under ED lens: Rs 284 crore assets seized amid online betting allegations

11 Jul 2025, 19:21 PM

The investigation revealed that the Probo platform defrauds its users by initially promoting a "deceptive image of a legitimate skill-based platform, only to ultimately exploit them through a betting mechanism..."

Flexiloans bags $44 million in Series C round

Flexiloans bags $44 million in Series C round

11 Jun 2025, 13:56 PM

Flexiloans will use the fresh capital to boost its operations, improve product offerings and upgrade its infrastructure.

Wealth-tech startup Stable Money raising $20 million led by Nandan Nilekani

Wealth-tech startup Stable Money raising $20 million led by Nandan Nilekani's Fund, others

29 May 2025, 15:47 PM

Stable Money is raising Rs 173 crore (around $20 million) in a round led by Fundamentum Partnership Fund, with participation from Z47, Lightspeed India...

Who Reads Us

Fintech Highlights

  1. Kissht shares jump 12% on stock market debut

  2. ED arrests Gameskraft co-founders for alleged money laundering

  3. KKR-backed InCred Holdings files updated draft IPO papers with SEBI

  4. Peak XV Partners-backed Freo to acquire IndiaLends

  5. PB Fintech Q4 FY26 revenue from operations up 37% to Rs 2,061 crore

  6. Read more news...

AI/Emerging Tech

  1. Fi cofounder Sumit Gwalani launches stealth AI venture for enterprises

  2. Skyroot Aerospace becomes India’s first spacetech unicorn after $60 million fundraise

  3. SEBI forms cyber task force amid concerns over AI vulnerability tools

  4. Capillary Technologies Q4 FY26 revenue up 26%, profit surges over three fold

  5. Reliance-backed Netradyne buys European fleet firm Moove

  6. Read more news...

IPO Tales

  1. Turtlemint IPO: Behind its 8x revenue jump, an internal deal does the heavy lifting

  2. Shiprocket IPO: A profitable core, costly emerging bets

  3. Fractal IPO: A bountiful harvest for PE investors, now comes the real AI test

  4. Boat IPO: A second shot amid management shake-up, flat revenues, eager to exit investor

  5. Read more news...

Money & Machines

  1. Razorpay's IPO + Visa's appointment + AI-IT tieups

  2. The Slice transition; Spyne's R&D obsession

  3. The fintech crackdown continues; The ROI paradox in AI

  4. 'Guilty, until proven innocent'; The ARR illusion

  5. Previous editions...

PE/VC Tales

  1. Micro VCs: Fueling India's startup pipeline or distorting it?

  2. Inside the fintech and financial services bets of Peak XV, Accel, Elevation

  3. Enterprise bets pay off as Arali Ventures eyes ‘larger’ third fund

  4. TDV Partners bullish on consumer over AI, plans bigger fund

  5. Read more news...

Editor's Pick

  1. Exclusive: Reserve Bank of India cracks down on misuse of education payments

  2. Inside Rebel Foods, Droom backer Lightbox's post-exodus reset

  3. The LAP rush and MSME mirage: Is fintech lending building its next risk? [Part-3]

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