Iifl

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.

Who Reads Us

Fintech Highlights

  1. Budget 2026-27: FM announces Rs 10,000 Fund to support MSMEs

  2. Cred FY25 revenue up 16% to Rs 2,735 crore

  3. Fino Payments Bank Q3 revenue falls 15% to Rs 394 crore, net profit halves

  4. Paytm Q3 revenue up 20% to Rs 2,194 crore, swings to net profit

  5. Pine Labs Q3 revenue up 24% to Rs 744 crore
  6. Read more news...

AI/Emerging Tech

  1. Budget 2026-27: Govt to assess AI impact on jobs; boost services

  2. Electronics components manufacturing gets Rs 40,000 crore push in Budget 2026

  3. SpaceX may merge with other Elon Musk companies Tesla or xAI

  4. ServiceNow partners with Anthropic to bring AI-powered products

  5. Amazon cuts 16,000 jobs
  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. Visa's utility shift; an AI bet that isn't accidental

  2. A payments scare and an AI funding reality check

  3. ONDC confused me for years — now AGI is confusing everyone

  4. The Paytm Ledger; How Dunzo's Biswas lit up India's next AI deal wave
  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