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PremjiInvest leads $110-mn funding round of fintech startup Mintifi

TMT

08 March, 2023

PremjiInvest leads $110-mn funding round of fintech startup Mintifi

Supply-chain financing platform Mintifi on Wednesday said it has raised $110 million (Rs 902.5 crore) in its Series D funding ......

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Indian, US consumer companies on divergent trajectories post IPO

Consumer

02 March, 2023

Indian, US consumer companies on divergent trajectories post IPO

Indian and US consumer companies, which went public post 2020, are witnessing comparatively divergent trajectories after listing on public bourses, ......

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Nexus Venture AUM crosses $2 bn as seventh VC fund hits final close

Finance

28 February, 2023

Nexus Venture AUM crosses $2 bn as seventh VC fund hits final close

Nexus Venture Partners has closed a new venture capital fund focused on India and the US after raising $700 million, ......

Elevation, Lightspeed co-lead seed round in Bluelearn

TMT

08 February, 2023

Elevation, Lightspeed co-lead seed round in Bluelearn

Upskilling platform Bluelearn on Wednesday said it has raised seed funding of $3.5 million (Rs 28.9 crore) co-led by Elevation ......

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Elevation, Accel co-lead investment in social commerce firm FreeUp

TMT

20 January, 2023

Elevation, Accel co-lead investment in social commerce firm FreeUp

Multi-stage investors Elevation Capital and Accel have come together to back social commerce platform Free Up in a Series A ......

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SarvaGram seeks to raise up to $40 mn in fresh fundraise

TMT

03 January, 2023

SarvaGram seeks to raise up to $40 mn in fresh fundraise

Maharashtra-based lender SarvaGram Fincare Pvt. Ltd, which caters to credit requirements of rural households, is raising around $40 million (around ......

Uni Cards posts Rs 139.5 cr loss in FY22

Finance

29 December, 2022

Uni Cards posts Rs 139.5 cr loss in FY22

Uniorbit Technologies Pvt. Ltd, which operates buy-now-pay-later platform Uni, posted a net loss of Rs 139.5 crore in its first ......

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Amid funding winter, Sequoia, Accel lead VC investments

Finance

26 December, 2022

Amid funding winter, Sequoia, Accel lead VC investments

Sequoia Capital led venture capital investments in India in 2022, completing 71 deals as of November, although it was 30% ......

Aye Finance bags $10 mn from responsAbility

Finance

01 December, 2022

Aye Finance bags $10 mn from responsAbility

Lending startup Aye Finance, on Thursday announced that it has raised $10 million via external commercial borrowings (ECBs) from its ......

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Aye Finance eyes turnaround

Finance

30 November, 2022

Aye Finance eyes turnaround

Lending startup Aye Finance aims to post a net profit this financial year, rebounding from a loss last year, on ......