Venture Capital

Cross-border payments startup Aspora bags $53 million in Series B funding

Cross-border payments startup Aspora bags $53 million in Series B funding

20 Jun 2025, 14:41 PM

The fresh capital takes the company's total equity fundraise across seed, Series A and Series B rounds in the last 10 months to about $93 million.

Saswat Finance bags pre-Series A funding led by Ankur Capital

Saswat Finance bags pre-Series A funding led by Ankur Capital

17 Jun 2025, 16:06 PM

Saswat Finance will use the fresh capital to launch new products, strengthen its technology capabilities and boost its operations across Maharashtra, Karnataka and Uttar Pradesh.

Razorpay picks majority stake in consumer payments platform POP

Razorpay picks majority stake in consumer payments platform POP

17 Jun 2025, 13:58 PM

POP had raised $2.4 million in its seed funding round led by India Quotient and angel investors last year.

SME lender Finodaya Capital raises $2.5 million led by White Venture Capital

SME lender Finodaya Capital raises $2.5 million led by White Venture Capital

25 Apr 2025, 17:16 PM

Finodaya will operate on a hybrid “phygital” model, blending digital services with a physical branch presence to streamline loan disbursement and underwriting.

Asha Ventures Fund I secures $10 million commitment from British International Investment

Asha Ventures Fund I secures $10 million commitment from British International Investment

07 Apr 2025, 16:17 PM

The investment marks a significant milestone as Asha Ventures Fund I moves closer to its target corpus of $91 million, the VC firm said.

Rajeev Misra steps down as co-chief of SoftBank Vision Fund

Rajeev Misra steps down as co-chief of SoftBank Vision Fund

13 Nov 2024, 15:09 PM

Alex Clavel will assume sole leadership as chief executive of both SoftBank Group Corp.’s Vision Fund and SoftBank Global Advisers.

Fintech Highlights

  1. American Express to discontinue Amex Pay from July 31

  2. Regtech startup Zango AI secures $4.8 million funding from Nexus, others

  3. Manipal Payment and Identity Solutions files draft papers for IPO via confidential route: report

  4. MobiKwik-backed Blostem bags seed funding

  5. MobiKwik elevates Saurabh Dwivedi as Chief Technology Officer
  6. Read more highlights...

AI/Emerging Tech

  1. AI Mode, ChatGPT or Perplexity - who's best at keeping kids active indoors on hot days

  2. Over 40% of agentic AI projects to be scrapped by 2027-end: Gartner

  3. At a Glance: AI Data Labeling companies beyond Scale AI

  4. Darwix AI bags seed funding

  5. Google plans to snap ties with Scale AI after Meta's "significant" investment
  6. Read more highlights...

Editor's Pick

  1. RBI vs Government: The battle over India’s digital payments ecosystem explained

  2. What led Google-backed DotPe to shut down its lending unit

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