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Onfinance Ai

Silverneedle eyes 10x larger second fund, plans first semiconductor bet

Silverneedle eyes 10x larger second fund, plans first semiconductor bet

04 Feb 2026, 22:56 PM

AI and deep tech will continue to dominate the fund’s thesis, perhaps even more strongly than before.

OnFinance AI bags $4.2 million in pre-Series A round led by Peak XV

OnFinance AI bags $4.2 million in pre-Series A round led by Peak XV's Surge

23 Sep 2025, 12:34 PM

The Bengaluru-based startup will use the fresh capital to expand its proprietary BFSI-focused AI models and accelerate research and development initiatives among others.

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Fintech Highlights

  1. RBI may allow banks, NBFCs to disable financed mobile phones after loan defaults

  2. Scapia raises $63 million led by General Catalyst

  3. Jumpp receives IRDAI approval to launch insurance distribution services

  4. Skydo gets GIFT City PSP, RBI licences for cross-border payments push

  5. Groww founders sell shares worth Rs 270 crore after lock-in ends
  6. Read more news...

AI/Emerging Tech

  1. ANSCER Robotics bags Series A funding led by IAN Alpha Fund

  2. Amagi Media Labs FY26 revenue from operations up 29% to Rs 1,505.6 crore

  3. Anthropic buys AI developer tools startup Stainless

  4. India's AI venture firm Activate makes strategic bet on ElevenLabs

  5. Zoho invests Rs 70 crore in ONDC
  6. Read more news...

IPO Tales

  1. Turtlemint IPO: Behind its 8x revenue jump, an internal deal does the heavy lifting

  2. Shiprocket IPO: A profitable core, costly emerging bets

  3. Fractal IPO: A bountiful harvest for PE investors, now comes the real AI test

  4. Boat IPO: A second shot amid management shake-up, flat revenues, eager to exit investor
  5. Read more news...

Money & Machines

  1. Razorpay's IPO + Visa's appointment + AI-IT tieups

  2. The Slice transition; Spyne's R&D obsession

  3. The fintech crackdown continues; The ROI paradox in AI

  4. 'Guilty, until proven innocent'; The ARR illusion
  5. Previous editions...

PE/VC Tales

  1. Zetwerk-backer Kae Capital sees more exits in next 12 months, says AI startup valuations high

  2. Micro VCs: Fueling India's startup pipeline or distorting it?

  3. Inside the fintech and financial services bets of Peak XV, Accel, Elevation

  4. Enterprise bets pay off as Arali Ventures eyes ‘larger’ third fund
  5. Read more news...

Editor's Pick

  1. Exclusive: Reserve Bank of India cracks down on misuse of education payments

  2. Inside Rebel Foods, Droom backer Lightbox's post-exodus reset

  3. The LAP rush and MSME mirage: Is fintech lending building its next risk? [Part-3]