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Febi.ai raises $2 million in pre-Series A funding

Febi.ai raises $2 million in pre-Series A funding

23 Oct 2024, 17:56 PM

The new funding will be used to enhance AI capabilities, expand customer acquisition, and grow the workforce.

India ranked second in fintech funding during Q3

India ranked second in fintech funding during Q3

23 Oct 2024, 17:53 PM

The top-performing sectors in Q3 2024 included alternative lending, investment tech, and payments.

Ebix-owner Eraaya suspends chairman Robin Raina; initiates investigation

Ebix-owner Eraaya suspends chairman Robin Raina; initiates investigation

27 Sep 2024, 23:31 PM

Eraaya’s Board unanimously voted to investigate alleged financial irregularities and suspended Ebix chairman Robin Raina from all roles, pending inquiry.

Exclusive: Amazon-backed Axio closing $20 million fundraise

Exclusive: Amazon-backed Axio closing $20 million fundraise

22 Aug 2024, 17:26 PM

The Bengaluru-based Axio (previously known as Capital Float) is close to securing $20 million in a new equity round.

RBI amends P2P lending guidelines

RBI amends P2P lending guidelines

16 Aug 2024, 22:27 PM

After observing some peer-to-peer lending platforms violating the RBI's guidelines, the central bank has announced modifications to the master directions of NBFC-P2P.

Timeline: WazirX’s Volatile Journey

Timeline: WazirX’s Volatile Journey

04 Aug 2024, 04:54 AM

The Head and Tale looks back at the volatile journey of WazirX and its founder Shetty to get a sense of how far the company has come and where it currently stands.

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 hires Uber's Prabhjeet Singh as India managing director

  2. Adobe buys Topaz Labs to boost AI photo, video editing

  3. Amazon to invest $13 billion more for India AI, cloud expansion

  4. Anthropic strengthens Europe expansion with appointment of Orange AI chief

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