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…
Zopper, the insurance infrastructure platform, secures $25 million in funding to expand its services and strengthen digital offerings. In a strategic move to enhance its technology and expand its presence in the insurance space, Zopper, a Noida-based insurtech firm, has raised $25 million in a Series D funding round. The investment was led by Elevation Capital, Dharana Capital, and Blume Ventures.
Lightmatter, an innovative startup harnessing the power of light for advanced computing, has successfully raised $400 million in a Series D funding round. This investment, led by T. Rowe Price, catapults the company’s valuation to an impressive $4.4 billion.
A Quantum Leap in Valuation
This new funding round marks a significant leap from Lightmatter’s previous valuation of $1.2 billion just…
