Investment

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.

Hitachi Payment invests in Spydra Technologies

Hitachi Payment invests in Spydra Technologies

12 Feb 2025, 23:38 PM

The company aims to develop and introduce offerings in the domains of Web 3.0, Central Bank Digital Currency (CBDC) and blockchain technology.

Paytm invests $1 million to pick 25% stake in Brazil-based fintech

Paytm invests $1 million to pick 25% stake in Brazil-based fintech

03 Feb 2025, 16:22 PM

This investment would help in understanding the merchants' business landscape and opportunity in the Brazilian market, Paytm said.

Scammers impersonate investment apps amid rising fraud

Scammers impersonate investment apps amid rising fraud

09 Dec 2024, 15:13 PM

Scammers are on the rise, targeting trusted names like Paytm Money, Zerodha, Groww, and Aditya Birla with fake apps designed to deceive investors.

Razorpay plans to invest in 50 startups through its venture investment initiative

Razorpay plans to invest in 50 startups through its venture investment initiative

13 Nov 2024, 14:40 PM

The initiative, launched in partnership with Peak XV and Lightspeed, targets sectors like fintech, e-commerce, healthcare, and education.

Fintech Highlights

  1. Ex-Niyo team floated fintech startup Belong bags seed funding led by Elevation

  2. Credit Wise Capital secures Rs 200 crore funding led by Trident Growth Partners

  3. InPrime Finserv bags fresh funding led by Pravega Ventures

  4. Sahil Kini appointed as CEO of Reserve Bank Innovation Hub

  5. Pine Labs to rope in Avendus executive as CFO
  6. Read more highlights...

AI/Emerging Tech

  1. OpenAI hires from Meta, xAI, Tesla in escalating battle for AI talent

  2. Google rolls out AI Mode in India amid competition from ChatGPT, others

  3. Meta hires Apple's top AI executive to beef up superintelligence team: report

  4. Capgemini to buy WNS for $3.3 billion in Agentic AI push

  5. Sutskever steps into CEO role at own startup after Meta poaches Daniel Gross
  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