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Finance

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

FPL Technologies raises $75 mn led by QED Investors, others

Finance

12 January, 2022

FPL Technologies raises $75 mn led by QED Investors, others

Credit-based fintech startup FPL Technologies Pvt Ltd has raised $75 million (around Rs 555 crore) at a post-money valuation of...

Kaleidofin raises $10 mn from Michael & Susan Dell Foundation, others

Finance

12 January, 2022

Kaleidofin raises $10 mn from Michael & Susan Dell Foundation, others

Chennai-based Kaleidofin Pvt Ltd, which operates an eponymous neobanking platform focused on the informal sector, has raised $10...

Tiger Global leads $82 mn funding in earned wage access platform Refyne

Finance

12 January, 2022

Tiger Global leads $82 mn funding in earned wage access platform Refyne

Earned wage access (EWA) platform Refyne, owned and operated by Refyne Tech Pvt Ltd, has raised $82 million (around Rs ......

Udaan net loss little changed as revenue surges over six-fold

Finance

11 January, 2022

Udaan net loss little changed as revenue surges over six-fold

Bengaluru-based business-to-business (B2B) marketplace Udaan, owned and operated by Trustroot Internet Pvt. Ltd., managed to cut...

TradeX raises seed capital from TDV Partners, SoMa Capital, others

Finance

11 January, 2022

TradeX raises seed capital from TDV Partners, SoMa Capital, others

TradeX, a predictions market platform, has raised $1 million (around Rs 7 crore) in a seed round from TDV Partners, ......

Capital flows to EM up in December, China offsets weakness elsewhere - IIF

Economy

11 January, 2022

Capital flows to EM up in December, China offsets weakness elsewhere - IIF

Net capital flows to emerging markets rose last month from November and fell more than 75% year-on-year, with China the ......

Japan's Sumitomo Mitsui Trust Bank, others invest $47 mn in DMI Finance

Finance

11 January, 2022

Japan's Sumitomo Mitsui Trust Bank, others invest $47 mn in DMI Finance

DMIĀ Finance Private Limited has announced the closure of a $47 million (around Rs 347.5 crore) equity investment round from...

EXPLAINER-How Amazon's battle with Reliance for India retail supremacy became a legal jungle

Finance

11 January, 2022

EXPLAINER-How Amazon's battle with Reliance for India retail supremacy became a legal jungle

For more than a year, Amazon.com Inc and India's Future Group have been locked in a complex legal stand-off that ......

Anicut Capital marks final close of second debt fund at Rs 875 cr

Finance

12 January, 2022

Anicut Capital marks final close of second debt fund at Rs 875 cr

Anicut Capital, which has backed startups such as Wow!, Momo and Akna Medical (acquired by PharmEasy), has marked the final ......

MSME-focused Arthan Finance nets $2.5mn in Dell Foundation-led round

Finance

11 January, 2022

MSME-focused Arthan Finance nets $2.5mn in Dell Foundation-led round

Micro, small and medium enterprise-focused fintech platform Arthan Finance has secured $2.5 million (around Rs 18 crore) in an...

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