Neobank

Jupiter Money gets IRDAI approval to enter insurance distribution space

Jupiter Money gets IRDAI approval to enter insurance distribution space

17 Jul 2025, 12:41 PM

The licence allows Jupiter to sell both life and general insurance policies through its app.

Crypto neobank startup PlutoPe bags pre-seed funding

Crypto neobank startup PlutoPe bags pre-seed funding

13 Jun 2025, 12:40 PM

The startup has raised $500,000 in a pre-seed funding round led by Indian investor Manit Gupta.

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.

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, 20:34 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).

Neobanking platform Jupiter sees senior-level exits amid cost-cutting drive

Neobanking platform Jupiter sees senior-level exits amid cost-cutting drive

12 Mar 2025, 20:24 PM

Prithvi Raj Tejavath, business head - investments, Vivek Agarwal, operations platform head - investments, and Aastha Sood, director-products have resigned from the Bengaluru-based fintech.

Fintech startup Jupiter sees 5x revenue jump in FY24

Fintech startup Jupiter sees 5x revenue jump in FY24

13 Nov 2024, 00:40 AM

The Peak XV-backed company saw its net losses go down to Rs 275.9 crore in FY24 compared to Rs 327 crore in FY23.

Fintech Highlights

  1. Payments Council of India reappoints CCAvenue's Vishwas Patel as chairperson

  2. Avanse Financial Services raises $200 million in debt via ECB

  3. Motilal Oswal Mutual Fund hikes stake in Paytm

  4. Kiwi raising Series B funding led by Vertex

  5. Kissht files draft paper for IPO, eyes Rs 1,000 crore via fresh issue
  6. Read more news...

AI/Emerging Tech

  1. Robotics startup FieldAI raises $405 million from Nvidia's VC arm, others

  2. Meta hits pause on hiring for AI division

  3. HDFC Bank invests in conversational AI company CoRover

  4. Nvidia developing new, more powerful AI chip than H20 for China

  5. OpenAI launches new subscription plan in India at Rs 399 per month

  6. Read more news...

Editor's Pick

  1. Jio’s third attempt at payments: Can Mukesh Ambani finally crack the merchant code?

  2. Exclusive: ICICI Bank breaks zero-fee UPI model, starts charging payment aggregators

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