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Finance

Stay updated with the latest financial news, funding developments, government policies, and insights shaping the finance sector in India.

Groww turns profitable as revenue jumps 14-fold in FY21

Finance

19 January, 2022

Groww turns profitable as revenue jumps 14-fold in FY21

Nextbillion Technology Pvt Ltd’s which operates Groww has turned profitable thanks to its exponential rise in its revenue,...

Locus, Agnikul backer pi Ventures marks first close of second fund at $40 mn

Finance

20 January, 2022

Locus, Agnikul backer pi Ventures marks first close of second fund at $40 mn

Early-stage venture capital (VC) firm pi Ventures on Thursday said it has marked the first close of its second fund ......

Cred expands ESOP pool to $500mn a month after raising funds

Finance

19 January, 2022

Cred expands ESOP pool to $500mn a month after raising funds

Credit card payment platform Cred, owned and operated by Dreamplug Technologies Pvt Ltd, has expanded its employee stock option...

Early-stage startups Finsall, Reloy net venture capital funds

Finance

19 January, 2022

Early-stage startups Finsall, Reloy net venture capital funds

Insurance-focused fintech platform Finsall said it has raised Rs 12 crore in a pre-Series A round from its existing investors...

Omicron poses limited downside to Indian economy, say economists - Reuters Poll

Economy

19 January, 2022

Omicron poses limited downside to Indian economy, say economists - Reuters Poll

There is scant downside risk to the Indian economy in the last months of this financial year from the Omicron ......

Avendus raises $57.8 mn to mark first close of second structured credit fund

Finance

19 January, 2022

Avendus raises $57.8 mn to mark first close of second structured credit fund

Avendus PE Investment Advisors, an asset management arm of Avendus Group, has marked the first close of its second structured...

Kalaari Capital, others back community investment platform threedots

Finance

19 January, 2022

Kalaari Capital, others back community investment platform threedots

threedots, a community investing platform, owned and operated by Tres Commas Technologies Pvt Ltd, has raised $4 million as a...

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DSG Consumer Partners likely to raise nearly $125 mn for new fund

Finance

18 January, 2022

DSG Consumer Partners likely to raise nearly $125 mn for new fund

Singapore-based venture capital firm DSG Consumer Partners is planning to raise its fourth consumer-focussed fund, targeting nearly...

9Unicorns-backed LegalPay launches healthcare-focused fund for retail investors

Finance

18 January, 2022

9Unicorns-backed LegalPay launches healthcare-focused fund for retail investors

9Unicorns-backed tech-based litigation financing start-up LegalPay has launched a Special Purpose Vehicle (SPV) and healthcare-focused...

Creator economy firm AppX, education planning platform EduFund secure capital

Finance

18 January, 2022

Creator economy firm AppX, education planning platform EduFund secure capital

Creator economy platform AppX said it has raised $1.3 million (around Rs 9 crore) in a funding led by Ycombinator.  The...

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