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

Beenext leads Rs 30 cr bet on financial services platform VERVE

Finance

17 January, 2022

Beenext leads Rs 30 cr bet on financial services platform VERVE

Venture capital fund Beenext has led Rs 30 crore funding round in financial services and consulting startup VERVE Financial Services...

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Polytrade to raise crypto fund to back small biz

Finance

17 January, 2022

Polytrade to raise crypto fund to back small biz

Polytrade Finance, a decentralized finance lending platform, is looking to raise a crypto-based fund to offer working capital...

Digit Insurance FY21 net loss shrinks as revenue soars over 50%

Finance

17 January, 2022

Digit Insurance FY21 net loss shrinks as revenue soars over 50%

Cloud-based general insurance company Digit Insurance’s net loss shrank sharply in 2020-21 (FY21) as the company reported a...

Paytm to shut Canada B2C app amid eroding market capitalisation

Finance

14 January, 2022

Paytm to shut Canada B2C app amid eroding market capitalisation

One97 Communications Ltd, parent of online mobile payments firm Paytm, which has seen its market capitalisation erode...

India's Dec WPI inflation at 13.56% as firms fight rising costs

Economy

14 January, 2022

India's Dec WPI inflation at 13.56% as firms fight rising costs

India's annual wholesale price-based inflation eased marginally in December to 13.56%, but remained in double digits for a...

Tech investment firm Recognize nets $1.3 bn for maiden fund, closes 3 investments

Finance

13 January, 2022

Tech investment firm Recognize nets $1.3 bn for maiden fund, closes 3 investments

Technology investment platform Recognize has raised approximately $1.3 billion (around Rs 9604 crore) for its inaugural fund,...

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Satya Nadella-backed Groww eyes nearly $1 bn fundraise

Finance

13 January, 2022

Satya Nadella-backed Groww eyes nearly $1 bn fundraise

Financial technology unicorn Groww, which roped in Chairman and CEO of Microsoft Corp. Satya Nadella as a new investor and ......

Neobank Novo to increase workforce by 200 in India after $90 mn fundraise

Finance

13 January, 2022

Neobank Novo to increase workforce by 200 in India after $90 mn fundraise

US-based neobanking platform Novo, owned and operated by Novo Platform Inc, will be hiring more than 200 people in India ......

Venture debt firm BlackSoil's investments jump 2.5X in 2021

Finance

13 January, 2022

Venture debt firm BlackSoil's investments jump 2.5X in 2021

BlackSoil Capital Pvt Ltd said on Wednesday it has invested $80 million in 20 transactions in 2021, registering a 2.5 ......

Byju's backer Owl Ventures closes over $1 bn in new funds

Finance

13 January, 2022

Byju's backer Owl Ventures closes over $1 bn in new funds

Silicon Valley-based edtech focused venture capital firm Owl Ventures, which has invested in Indian companies such as Byju's...

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