Matrix India

Wealth-tech startup Stable Money raising $20 million led by Nandan Nilekani

Wealth-tech startup Stable Money raising $20 million led by Nandan Nilekani's Fund, others

29 May 2025, 15:47 PM

Stable Money is raising Rs 173 crore (around $20 million) in a round led by Fundamentum Partnership Fund, with participation from Z47, Lightspeed India...

Metal card startup OneCard raising $28 million in new funding round

Metal card startup OneCard raising $28 million in new funding round

26 Nov 2024, 23:12 PM

The company has already secured $8.5 million (Rs 71.4 crore) with the rest to come in one or more tranches.

Zodius exits OfBusiness in $100 million share sale: report

Zodius exits OfBusiness in $100 million share sale: report

23 Oct 2024, 17:59 PM

Z47 (previously known as Matrix India Partners), an early investor in the Gurugram-based fintech and commerce startup, is also looking to sell its stake.

Fintech Highlights

  1. IPO-bound SME lender Aye Finance posts Rs 1500 crore in revenue in FY25

  2. MSME lender Kinara Capital hit by liquidity crisis after lenders set off Rs 81 crore

  3. UPI transactions hit record 19.47 billion in July

  4. Shark Tank startup Plus Gold shuts shop

  5. Software engineer held in connection with $44 million CoinDCX crypto hack
  6. Read more news...

AI/Emerging Tech

  1. Mistral in talks to raise $1 billion

  2. Apple creates new team to build ChatGPT-like app

  3. Google rolls out Deep Think for Gemini app

  4. SiMa.ai raises $85 million led by Maverick Capital

  5. AI startup Anaconda raises $150 million in Series C led by Insight Partners
  6. Read more news...

Editor's Pick

  1. Pine Labs IPO Playbook: Between DRHP Gloss and Ground Reality

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

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