In a move set to shake up India’s micro and small business lending space, Hiranandani Financial Services (HFS) has raised a whopping ₹800 crore ($91.5 million) in its maiden external equity funding round. The capital infusion comes from Vitruvian Partners, a global investment firm known for backing high-growth companies worldwide.
With this fresh funding, HFS, backed by real estate giant House…
Bengaluru-based fintech startup, Skydo Technologies, is taking the cross-border payment world by storm. With its recent RBI approval, the company is set to change how Indian exporters do business globally. Here’s everything you need to know about this exciting milestone and what it means for the future of global trade.
Skydo Earns RBI’s In-Principle Authorization for Cross-Border Payments
In…
PayMate, a leader in digital B2B payments in India, has announced a strategic partnership with NPCI Bharat BillPay Ltd. (NBBL) to unveil the PayMate BBPS-B2B platform. This innovative platform is set to transform the landscape of business transactions by streamlining invoicing, payments, and collections on a national scale. Targeting India’s vast network of 634 lakh MSMEs and 16.6 lakh…
