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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.

Knight Fintech raises Series A funding led by Accel

Knight Fintech raises Series A funding led by Accel

02 Jan 2026, 15:23 PM

The funding round also saw participation from IIFL and Rocket Capital, along with existing investors.

Account aggregator Finvu raises $15 million led by WestBridge Capital

Account aggregator Finvu raises $15 million led by WestBridge Capital

03 Dec 2025, 13:24 PM

The round also saw participation from existing investors Varanium Capital, DMI Sparkle Fund and IIFL Fintech Fund.

Open FY25 revenue almost doubles to Rs 46 crore, net loss at over Rs 100 crore

Open FY25 revenue almost doubles to Rs 46 crore, net loss at over Rs 100 crore

22 Oct 2025, 15:35 PM

Total expenses of the startup fell 18% to Rs 160 crore in the last financial year from Rs 195 crore in FY24.

Open, but not Transparent: Inside the Cracks at India’s 100th Unicorn

Open, but not Transparent: Inside the Cracks at India’s 100th Unicorn

12 Jun 2025, 11:53 AM

Once celebrated for disrupting SME banking with its neobank model, Open’s journey since hitting the $1 billion mark in 2022 has been anything but smooth.

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.

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