Investment

Altum Credo raising additional Rs 100 crore in extended Series C funding

Altum Credo raising additional Rs 100 crore in extended Series C funding

18 Jul 2025, 18:26 PM

Altum Credo will use the fresh capital for market expansion and to boost its lending operations.

Complaint filed with SEBI against hBits over disclosure concerns amid family feud

Complaint filed with SEBI against hBits over disclosure concerns amid family feud

17 Jul 2025, 15:40 PM

A complaint with Sebi claims hBits suppressed "material information" while applying for SEBI's approval to launch the SM-REIT.

At a Glance: Sebi-penalized Jane Street

At a Glance: Sebi-penalized Jane Street's many fintech, AI bets

16 Jul 2025, 18:26 PM

The recall value of Jane Street's name has shot up in the past weeks after India's SEBI barred the entity from accessing the Indian securities market for manipulating trades.

xAI reportedly eyes fresh funding at $170-$200 billion valuation; Musk denies

xAI reportedly eyes fresh funding at $170-$200 billion valuation; Musk denies

12 Jul 2025, 12:19 PM

The Saudi Arabian sovereign wealth fund, the Public Investment Fund, is expected to pick a significant stake in the round.

Jio Financial pumps Rs 190 crore into payments bank

Jio Financial pumps Rs 190 crore into payments bank

27 Jun 2025, 11:32 AM

The move follows its recent buyout of State Bank of India’s 17.8% stake for Rs 104.54 crore, giving JFSL complete ownership of the bank.

IndiaBonds bags Rs 32.5 crore in first external funding

IndiaBonds bags Rs 32.5 crore in first external funding

26 Jun 2025, 11:46 AM

IndiaBonds will use the fresh capital to scale its platform, hire senior executives and for marketing purposes.

At a Glance: Razorpay

At a Glance: Razorpay's M&A activity since its first acquisition in 2019

18 Jun 2025, 22:35 PM

The Head and Tale looks back at those deals struck by Razorpay as the company readies itself for an initial public offering (IPO) in the coming years.

Cred raises $72 million led by GIC in a downround

Cred raises $72 million led by GIC in a downround

11 Jun 2025, 14:22 PM

The investment was made at a valuation of $3.5 billion, much lower than the valuation of $6.4 billion when they last raised capital in 2022.

Flexiloans bags $44 million in Series C round

Flexiloans bags $44 million in Series C round

11 Jun 2025, 13:57 PM

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

Wealth-tech platform Syfe raises $80 million in Series C round

Wealth-tech platform Syfe raises $80 million in Series C round

06 Jun 2025, 10:23 AM

The funding round was led by two UK family offices and supported by returning investors Unbound and Valar Ventures.

Singapore’s GIC seeks CCI approval to pick 2.1% stake in Groww

Singapore’s GIC seeks CCI approval to pick 2.1% stake in Groww

19 May 2025, 15:45 PM

This development comes as Groww prepares for a pre-IPO fundraising round aiming to secure approximately $200 million.

General Catalyst leads $218 million seed round in PB Fintech

General Catalyst leads $218 million seed round in PB Fintech's healthcare unit

08 May 2025, 14:50 PM

The funding will be used to establish PB Health's first hospital network in the Delhi NCR and to accelerate product development and technology innovation.

Neo Asset closes second private credit fund at Rs 2,000 crore

Neo Asset closes second private credit fund at Rs 2,000 crore

10 Apr 2025, 01:36 AM

Launched three months ago, NSCOF-II -- a SEBI-registered Category II Alternative Investment Fund (AIF) -- is targeting a total corpus of Rs 5,000 crore.

InCred Alternatives close maiden PE fund at Rs 575 crore

InCred Alternatives close maiden PE fund at Rs 575 crore

10 Apr 2025, 01:12 AM

The IGPF-I Fund has secured capital commitments in excess of Rs 575 crore, which is above its target size of Rs 500 crore, the company said.

Digital lender Kissht plans $225 million IPO; appoints investment banks

Digital lender Kissht plans $225 million IPO; appoints investment banks

06 Apr 2025, 17:48 PM

The company has mandated ICICI Securities, UBS Securities India Private Limited and Motilal Oswal Investment Banking as lead managers for the IPO.

BlackSoil-Caspian Debt merger gets the RBI approval

BlackSoil-Caspian Debt merger gets the RBI approval

02 Apr 2025, 17:20 PM

This marks a crucial step toward finalisation of the merger, with only the National Company Law Tribunal (NCLT) approval remaining.

Cross-border neobank Zolve raises $251 million in equity and debt

Cross-border neobank Zolve raises $251 million in equity and debt

12 Mar 2025, 21:03 PM

The Series B round was led by Creaegis, with participation from HSBC, SBI Investment, GMO Venture Partners, DG Daiwa Ventures, and existing investors. This also includes a $200 million warehouse line (debt).

Insurtech company Go Digit buys stake in Dr. Reddy’s Lab for Rs 30 crore

Insurtech company Go Digit buys stake in Dr. Reddy’s Lab for Rs 30 crore

27 Feb 2025, 00:37 AM

The investment in shares is being made in the ordinary course of the investment function of the company, Go Digit said.

Walmart-backed PhonePe picks 4 investment banks for its IPO

Walmart-backed PhonePe picks 4 investment banks for its IPO

27 Feb 2025, 00:19 AM

PhonePe has reportedly onboarded Kotak Mahindra Capital, JP Morgan, Citi and Morgan Stanley to kick off its IPO.

Strata, Avigna, and the Hosur mystery: Fundraising, family ties, and investor fallout

Strata, Avigna, and the Hosur mystery: Fundraising, family ties, and investor fallout

18 Feb 2025, 08:33 AM

The fractional property ownership platform—backed by Elevation Capital and Nikhil Kamath-backed Gruhas VC—has become embroiled in a legal dispute with Avigna.

Fintech Highlights

  1. Altum Credo raising additional Rs 100 crore in extended Series C funding

  2. Paytm Money to rope in HDFC Securities executive as CEO: report

  3. Flipkart-owned Super.money entering stock broking space

  4. Jupiter Money gets IRDAI approval to enter insurance distribution space

  5. Phi Commerce raises $6 million part of Series B round
  6. Read more highlights...

AI/Emerging Tech

  1. Perplexity ties up with Bharti Airtel to provide 12-month free Pro subscription

  2. Meta ropes in two senior Apple AI researchers

  3. OpenAI launches proactively thinking and acting ChatGPT agent

  4. IBM opens Agentic AI Innovation Center in India

  5. Google rolls out Gemini 2.5 Pro, Deep Search to AI Mode in Search
  6. Read more highlights...

Editor's Pick

  1. RBI vs Government: The battle over India’s digital payments ecosystem explained

  2. What led Google-backed DotPe to shut down its lending unit

  3. Madras HC grants anticipatory bail to Strata founder in email impersonation case