Startup

Snapmint Just Raised $125 Million—Here’s How It Could Change the Way India Shops Forever

India’s booming buy-now-pay-later market just got a major shake-up. Snapmint, the BNPL startup that lets consumers pay through EMIs on UPI without a credit card, has raised a whopping $125 million in its Series B funding round led by global growth investor General Atlantic. Other participants included Prudent Investment Managers, Kae Capital, Elev8 Venture Partners, and existing angel…
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Startup

From WhatsApp to $500M Payments: PeLocal Bags $5M to Redefine Fintech

PeLocal’s $5 Million Power Move India’s fintech scene just scored another big win. Chennai-based PeLocal, a rising fintech startup, has raised $5 million in a Series A round led by UNLEASH Capital Partners and Unicorn India Ventures, with support from top angel investors. This comes less than a year after PeLocal’s previous $2 million raise in October 2024, showing investor confidence in its…
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Startup

QED Investors Bets Big on India: $300 Million to Fuel Fintech Innovation Across APAC

Introduction: A Bold Move into India’s Fintech Future In a significant development for India’s startup ecosystem, U.S.-based venture capital firm QED Investors has announced plans to deploy between $250 million and $300 million across early and growth-stage startups in India and the broader Asia-Pacific (APAC) region. This strategic investment underscores QED’s confidence in India’s…
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BusinessNewsStartup

Fintech Startup Axio Secures $20 Million from Amazon Smbhav Venture Fund for Expansion

Fintech lending startup Axio has successfully raised $20 million in its latest equity funding round, led by Amazon Smbhav Venture Fund. The funding will be directed towards scaling operations, expanding use cases for checkout finance, and broadening its range of credit products to serve customers throughout their financial journeys. This investment comes amid a surge in equity deals within the…
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