Inside the fintech and financial services bets of Z47
Z47's fintech portfolio has seen mixed outcomes, with some companies struggling for traction, reflecting the ecosystem's "middle journey" as described in its report.
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Z47's fintech portfolio has seen mixed outcomes, with some companies struggling for traction, reflecting the ecosystem's "middle journey" as described in its report.
Chiratae Ventures' exit from PB Fintech is only one of a handful of full or partial exits from its fintech portfolio, fewer than those executed by other VC firms.
The funding round was co-led by Fidelity Management & Research Company and Amplify Partners.
In this edition, we write on Razorpay’s valuation puzzle; and we explore why private equity firms remain cautious about backing India's AI startups.
The funding round was led by Altimeter Capital, Dragoneer, Greenoaks and Sequoia Capital.
One of the sharpest criticisms against the micro VCs in the ecosystem today is around what some investors call “optionality capital”.
Susquehanna International Group and Prosus Ventures participated in the funding round.
This could push OpenAI's valuation to roughly $830 billion.
Private market valuations, unsecured loan books and tighter regulation are forcing India's fintech lending companies to rethink their IPO plans…
The new investment from US-based healthcare firm Optum values the banking tech company at $2 billion.
If a report is to be believed then Razorpay - which is also planning to move its domicile to India - may see a similar 30-40% cut in fair market value.