InCred Holdings, one of India’s fastest-growing fintech firms, is gearing up for a blockbuster IPO with plans to raise ₹1,500 crore (around $172 million) via a fresh issue of shares. The company’s total IPO size is expected to fall between $460 million and $560 million, marking one of the most significant listings in the financial services sector this year.
According to internal documents…
CredRight, a Hyderabad-based NBFC (Non-Banking Financial Company), has just raised $10 million in Series B funding to support India’s smallest business owners — the ones who power local economies but often get overlooked by traditional banks.
This funding round was led by Abler Nordic, a global impact investor making its first move from its new Fund V. Existing backers Michael & Susan Dell…
In a major shake-up of the fintech space, Mumbai-based startup Kiwi is set to raise $23 million in its Series B round, according to sources with direct knowledge of the deal. And this isn’t just another funding headline — Kiwi is aiming to change how millions of Indians use credit.
Backed by top investors like Vertex Ventures (set to lead the round), and returning heavyweights Stellaris…
Navi Technologies—founded by Flipkart co‑founder Sachin Bansal—has just raised ₹170 crore (about $20 million) in debt financing. This strategic capital infusion, led by PhillipCapital along with several co-investors, marks a key milestone as Navi strengthens its lending operations and prepares for wider growth.
Who’s Involved?
PhillipCapital emerges as the lead investor with ₹120…
Saswat Finance, a Mumbai-based fintech startup, has raised $2.6 million in a funding round led by Ankur Capital, with participation from existing investor Incubate Fund Asia. The company aims to enhance financial inclusion in rural India by providing accessible and affordable financial services to underserved communities.
Company Overview
Mission and Vision
Founded in 2021 by Arun Tiwari…
Zerodha Capital Reports 78% Surge in Net Profit for FY25
Zerodha Capital, the non-banking finance arm of India’s largest stock brokerage firm Zerodha, has announced a remarkable 78% increase in its net profit for the financial year 2024–25, reaching ₹12.5 crore. This growth underscores the company’s strategic expansion into the lending sector and its ability to capitalize on the burgeoning…
MobiKwik, the well-known Gurugram-based fintech platform, has just revealed a staggering net loss in its Q4 FY25 results, marking a sharp downturn from the same period last year. Despite a strong growth trajectory in payment volumes, the company’s financial performance has taken a hit, primarily due to rising operational costs and challenges in its credit business.
Key Financials: A Look at the…
The Ultimate Payment Hack for Small Business Owners You Didn’t Know You Needed
Imagine a world where you never have to check your phone for payment alerts again. A world where you can track your earnings in real-time, all while running your business smoothly. Sounds like a dream, right? Well, Paytm just made that dream a reality.
In a jaw-dropping announcement, Paytm, the fintech giant…
In a bold move to further its commitment to supporting innovative Indian startups, 2am VC has just announced the launch of its second fund, with plans to invest in 30 startups over the coming months. With a particular focus on pre-seed to seed-stage investments, this new fund promises to fuel the next wave of high-growth businesses across India.
But what exactly does this mean for India’s…
Pi42 Welcomes Ex-Uber and CoinDCX Executive Satish Mishra as New CTO
Pi42, the company behind India’s first crypto-INR perpetual futures exchange, has made a big move by appointing Satish Mishra as its new Chief Technology Officer (CTO). Mishra brings with him a wealth of experience, including over 18 years in technology and a strong track record in the crypto space, having previously worked at…
