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Fundamentum Partnership

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..."

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. RBI imposes compounding fee on Paytm over FEMA violations

  2. Aye Finance files RHP, reduces IPO size to Rs 1,010 crore

  3. Peak XV sees another top-level exits as three managing directors quit

  4. Dhan FY25 revenue more than doubles to Rs 877 crore

  5. Mobikwik Q3 revenue rises 7% to Rs 289 crore

  6. Read more news...

AI/Emerging Tech

  1. Robotics startup Octobotics raises seed funding led by Navam Capital

  2. Fibr AI bags seed funding led by Accel

  3. Vibrium secures seed funding of $1 million

  4. Intel eyes GPU market amid surge in AI model training demand

  5. Loop AI raises Series A funding led by Nyca Partners

  6. Read more news...

IPO Tales

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

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

  3. From social-commerce darling to e-commerce challenger: Inside Meesho’s IPO

  4. The Bull Run Broker: Inside Groww's $7 billion IPO

  5. Read more news...

Money & Machines

  1. Economic Survey with fintech goggles on; Activate's Pratyush Choudhury on vibe coding

  2. Why General Atlantic paid up for PhonePe; Voice AI for a Country that never stops calling

  3. The story behind NPCI Jogeshwari & Flipkart's AI moment

  4. The return of Super Apps; Grok triggers policy rethink + Peak XV Report

  5. Previous editions...

Editor's Pick

  1. ED orders Yes Bank to freeze accounts linked to BranchX, Frenzopay

  2. The shadow economy of online gaming: How money moves beyond the screen

  3. A VC in photos, a different story in business? Behind the facade of Foxhog’s Tarun Poddar

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