India’s fintech scene is buzzing — and the reason? Pine Labs, one of the country’s oldest and most powerful digital payments companies, just dropped news that it’s going public! With a massive Rs 2,600 crore IPO in the works, Pine Labs is ready to shake up the market and give investors a golden chance to jump on board early.
If you’ve been watching the fintech space, this is the moment…
NBFC Techfino Bags Fresh Capital to Expand MSME Lending in Tier 2 & 3 India
Bengaluru-based Techfino, a non-banking financial company (NBFC), has raised Rs 65 crore in equity funding in a round led by Stellaris Venture Partners and Saison Capital, the venture arm of Tokyo-listed Credit Saison.
Founded in 2019, the fintech-focused lender will use the new capital to expand its branch-led secured…
Fuze, a UAE-based digital assets infrastructure startup, has raised $12.2 million in a Series A funding round led by Galaxy and e& capital, the investment arm of global technology group e&. This investment aims to accelerate Fuze’s expansion into key markets, including India, and enhance its product development and leadership team.
What Is Fuze?
Fuze is a digital assets infrastructure provider…
CRED’s Shocking Move: Raising $200 Million with a Massive Cut in Valuation—Here’s Why It’s Happening
CRED Is Looking to Raise $200 Million—But There’s a Big Twist
In a surprising turn of events, CRED, the Kunal Shah-led fintech unicorn, is looking to raise up to $200 million. But here’s the kicker: this new funding round will come with a significant drop in valuation.
You read that right. CRED, which was once valued at an eye-popping $6.4 billion during its Series F funding round in 2022…
Cashfree Payments Raises $53 Million to Expand Its Global Reach
Cashfree Payments, a Bengaluru-based fintech startup, has raised $53 million (approximately Rs 450 crore) in its latest funding round, led by South Korea’s gaming giant, KRAFTON. The round also saw continued investment from Apis Growth Fund II, a private equity fund managed by Apis Partners Group.
This latest infusion of capital…
Fintech Startup’s Successful Series A Funding Round to Fuel Growth
Noida-based The Money Club, a fintech platform designed to offer on-demand liquidity solutions, has successfully raised $2.5 million in its Series A funding round. This new investment, led by Prudent Investment Managers, comes at a crucial time as the startup continues its mission to empower India’s lower middle-class…
In an exciting move, StockGro, a Bengaluru-based investment education and trading platform, has completed its second Employee Stock Option Plan (ESOP) buyout, amounting to $2 million. This initiative, conducted between 2023 and 2024, has been a game-changer for StockGro’s employees, offering them significant financial rewards and a chance to unlock the value of their shares.
Let’s take a…
Moneyview, the Bengaluru-based fintech startup, has recently achieved unicorn status, marking a significant milestone in India’s burgeoning startup ecosystem. According to a report by Entrackr, Moneyview has reached a $1.2 billion valuation following its latest funding round. This new valuation positions Moneyview among the elite group of startups valued at over a billion dollars, showcasing the…
Valyx, an innovative AI-driven B2B revenue and receivables automation platform, has successfully secured $800,000 in a pre-seed funding round. The investment round was co-led by Huddle Ventures and Waveform Ventures, with additional support from Bharat Founders Fund and Propell Fund, which is led by Shanti Mohan of LetsVenture.
Strategic Use of Funds
Valyx plans to utilize the newly acquired…
Fintech startup CredRight has raised $2.7 million in a round drove by 9Unicorns, Spearhead Capital and Venture Catalyst. Existing investors YourNest, Accion Venture Labs and other angels have also joined the round.
According to the Hyderabad-based startup, the assets will be utilized to increase the managed loan book, expand the team measure and invest in tech platforms and analytics.
Driven by…
