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Venture Capital

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.

Razorpay plans to invest in 50 startups through its venture investment initiative

Razorpay plans to invest in 50 startups through its venture investment initiative

13 Nov 2024, 14:40 PM

The initiative, launched in partnership with Peak XV and Lightspeed, targets sectors like fintech, e-commerce, healthcare, and education.

Finova Capital raises $135 million in Series E

Finova Capital raises $135 million in Series E

05 Nov 2024, 02:49 AM

Existing investors Norwest Venture Partners, Peak XV Partners, Faering Capital, and Maj Invest also doubled down in the round.

Former PayU exec’s startup raises $25.5 million in seed round

Former PayU exec’s startup raises $25.5 million in seed round

05 Nov 2024, 02:34 AM

The company plans to use the funds to enhance product innovation and broaden its offerings, particularly in global investment tools, AI-driven university counseling, and cross-border payment solutions.

Jio Financial Services in talks with Allianz SE to set up insurance biz: report

Jio Financial Services in talks with Allianz SE to set up insurance biz: report

24 Oct 2024, 17:58 PM

The news comes shortly after Bajaj Finserv revealed that Allianz is considering an exit from its existing life and general insurance joint ventures with the Bajaj Group.

Who Reads Us

Fintech Highlights

  1. Actis sells additional stake in Pine Labs worth Rs 371 crore

  2. Skydo gets payment licence in Canada

  3. Telangana CID arrests Worldline executive in multi-crore Falcon fraud case

  4. ED raids Safexpay, Decentro, others in online investment fraud probe

  5. PhonePe says dormant wallet fee will not impact UPI, bank accounts
  6. Read more news...

AI/Emerging Tech

  1. OpenAI launches first custom AI chip 'Jalapeño' built with Broadcom

  2. JustAI secures $17 million in Series A funding led by Base10

  3. Former Infosys CEO Vishal Sikka's Hang Ten Systems raises $32 million in seed funding

  4. Sherlocks AI raises pre-seed funding led by SenseAI Ventures

  5. Mitigata raises Series B funding led by Bessemer Venture Partners
  6. Read more news...

IPO Tales

  1. Zepto IPO: Can this cash-hungry quick commerce model turn profitable?

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

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

  4. Fractal IPO: A bountiful harvest for PE investors, now comes the real AI test
  5. Read more news...

Money & Machines

  1. Money & Machines: MobiKwik's Third Lending Act; The Entry-Level Squeeze

  2. Money & Machines: RBI's quiet signals; Tamil Nadu's AI act

  3. Money & Machines: One on 1Pay; Gen Z goes AI-First

  4. Money & Machines: Project UPI Meta is back; A case for industrial AI
  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]