Introduction: ToneTag’s Massive $78 Million Funding to Transform Digital Payments
In a major boost for India’s fintech scene, ToneTag, a digital payments startup, has raised a whopping $78 million (around Rs 674 crore) in its latest Series B2 funding round. This marks the company’s first fresh capital infusion in almost seven years—and it’s already making waves. With investors like…
India’s startup ecosystem is booming, and Finvolve, a multi-stage venture capital (VC) firm, is diving into the action with big plans for 2025. The fund has announced it will invest a hefty Rs 350 crore into 40-45 startups across various stages of growth. After deploying Rs 100 crore in 2024 to back 27 startups, Finvolve is now setting its sights on fueling even more innovation and growth in the…
Rupeeflo’s Big Move: Making Financial Access Easier for NRIs
Rupeeflo, a fintech startup, has just raised a whopping $1 million in pre-seed funding, and it’s set to change the way Non-Resident Indians (NRIs) bank and invest in India. Backed by Piper Serica Angel Fund, this move aims to break down barriers for NRIs who’ve faced decades of frustrating banking procedures and complicated…
The Rapid Shift in Sentiment: How Trump’s Second Term Has Quickly Lost Its Spark
When Donald Trump began his second term, the business world buzzed with excitement. CEOs, bankers, and dealmakers were full of optimism, hoping that Trump’s pro-business policies would continue to drive growth and opportunity. However, just weeks into his new administration, that enthusiasm is already fading.
A…
In a groundbreaking move for the financial world, Rupeeflo, a fintech startup founded in 2024, has secured $1 million in pre-seed funding to transform the way Non-Resident Indians (NRIs) invest in India. Backed by Piper Serica Angel Fund, this new venture is set to make banking, investing, and financial services in India smoother, quicker, and more accessible for the millions of NRIs across the…
Mumbai-based venture capital firm Triton is making waves with the announcement of the first close of its second fund, Triton Fund II. Raising an impressive ₹120 crore so far, the firm is aiming to grow the fund to ₹240 crore ($28 million)—a significant leap from the size of its first fund. Here’s everything you need to know about Triton’s new venture and how it plans to back the next…
Big news in the logistics world! Delhivery, one of India’s leading logistics companies, has just brought in Vani Venkatesh, a former top executive from Airtel, as their Chief Business Officer (CBO). This unexpected move has caught the attention of industry experts and is likely to spark a significant shift in Delhivery’s strategic approach. The announcement comes just before Delhivery is set…
Info Edge, the parent company of popular job portal Naukri.com, is making a big move. The company has decided to invest up to Rs 1,000 crore in a new venture fund, IE Venture Investment Fund III, managed by its subsidiary, Smartweb Internet Services Ltd. This investment is a key part of Info Edge’s strategy to expand its portfolio of external financial investments in emerging businesses, marking…
India is witnessing an exciting tech revolution, and it’s happening faster than ever. According to a recent report from NLB Services, India’s Global Capability Centers (GCCs) are on track to create a staggering 4.25 to 4.5 lakh new jobs in 2024. This is a major boost for India’s growing position as a global tech talent powerhouse. But that’s just the beginning! By 2030, the GCC sector is…
Basil Alliance Takes a Bold Step with Fresh Investment from Inflection Point Ventures
In a strategic move that is set to disrupt the Indian alcoholic beverage market, Basil Alliance, an innovative AlcoBev startup, has raised an undisclosed amount of funding from Inflection Point Ventures (IPV), a leading angel investment firm based in Gurugram.
This new partnership signals a bright future for…
