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IIFL Fintech Fund marks final close of second vehicle at Rs 500 crore

IIFL Fintech Fund marks final close of second vehicle at Rs 500 crore

20 Jan 2026, 14:36 PM

The fund has earmarked around 20-25% of the corpus for follow-on investments in top-performing portfolio companies from its first fund.

Darwix AI bags seed funding

Darwix AI bags seed funding

17 Jun 2025, 19:33 PM

Darwix AI will use the fresh capital to develop its product and expand its market.

India’s domestic AI market to more than triple to $17 billion by 2027: BCG

India’s domestic AI market to more than triple to $17 billion by 2027: BCG

12 Jun 2025, 16:42 PM

The report noted that India has more than 600,000 AI professionals and the number is expected to more than double to 1.25 million by 2027.

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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
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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

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