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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, 23:13 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, 19:50 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 Hightlights

  1. IPO-bound Groww records Rs 1,820 crore net profit; raises fresh capital

  2. Crypto neobank startup PlutoPe bags pre-seed funding

  3. IPO-bound Pine Labs CFO quits

  4. Cred raises $72 million led by GIC in a downround

  5. Pine Labs set to file DRHP for IPO by June-end

  6. Read more highlights...

AI/Emerging Tech

  1. India’s domestic AI market to more than triple to $17 billion by 2027: BCG

  2. Read more highlights...

Editor's Pick

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

  2. Exclusive: Paytm’s payment aggregator unit fires all senior executives

  3. UPI’s Zero-MDR (Illusion) Model is Cracking – Who’s Really Paying the Price?

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