BusinessNews

Mintoak Raises Rs 71 Crore in Secondary Funding to Revolutionize SME Payments

The Mumbai-based Fintech Startup Gains Big Backing from Z3Partners to Power the Next Wave of Digital Payments Mintoak Secures Rs 71 Crore to Boost Merchant Services and Expand Global Reach Mintoak, a Mumbai-based SaaS platform that powers digital payments and banking solutions for small and medium-sized enterprises (SMEs), has raised Rs 71 crore (approximately $8.2 million) in its latest…
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BusinessNews

HDFC Bank Sells $717 Million in Home Loans to Reduce Credit Load Amid Regulatory Pressures

HDFC Bank Ltd. has recently sold a housing loan portfolio valued at approximately 60 billion rupees ($717 million) as part of its strategy to alleviate its credit load amidst increasing regulatory scrutiny in the banking sector. The transaction involved private deals with about six state-controlled banks, according to sources familiar with the situation who requested anonymity due to the…
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