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Total expenses of the company declined 12% to Rs 376.8 crore during the fiscal from Rs 426.7 crore in FY25, aided by a sharp reduction in impairment costs.
Niyo’s total operating expenses grew 20% to Rs 201 crore in FY26, compared with Rs 168 crore in the previous fiscal.
Existing investors Z47 and Lok Capital participated in the round along with Norinchukin Capital and Alteria Capital.
The startup is building systems for the defence, aerospace and space sectors.
The average ticket size for digital NBFC loans stood at Rs 18,802, up around 15% from FY26.
The funding round also saw participation from existing investors Kunal Shet and Parth D Bhasin.
Apple has also worked closely with other payment service providers (PSPs) like BillDesk, Cashfree, Juspay, Mswipe, Paytm and Pine Labs to bring Apple Pay to their merchant networks in India.
Qualified institutional buyers (QIBs) drove the demand, subscribing to their portion 227.5x.
The Bengaluru-based startup will use the fresh capital to strengthen its technology and product capabilities and expand its experience supply across existing markets.
The agency said the total value of proceeds of crime attached, frozen and seized during the investigation so far stands at around Rs 2,843 crore.
The fund has already deployed nearly Rs 55 crore across four deeptech startups.
The anchor book saw participation from large domestic mutual funds including SBI Mutual Fund, HDFC Mutual Fund and ICICI Prudential Mutual Fund, among others.
The funding round also saw participation from existing investors Accel, S32 (Section 32), Prosus Ventures, Hitachi Ventures and Wipro Ventures.
With the latest approval, PayGlocal plans to strengthen its international payments infrastructure from GIFT City while continuing to build its technology and operational capabilities in India.
The fund has brought Quest Global Engineering Services as a Limited Partner (LP), adding an institutional investor from the engineering sector to its LP base.
The funding round saw participation from DeVC, Peercheque and Kunal Shah.
The board has cleared the allotment of up to 2.64 crore equity shares at Rs 314.11 per share to a group of non-promoter investors.
The IPO will open on September 24 and close on September 28, while the anchor investor round is scheduled for September 23.
Several victims allege they paid thousands to GSUnite for fintech software that was never delivered as promised.
