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India lags in digital payments adoption, races ahead on innovation: VCCircle Summit

Finance

India lags in digital payments adoption, races ahead on innovation: VCCircle Summit

Though innovation in payments is quite high in India, digital adoption remains low, said panellists ...

Development of MFIs crucial to financial inclusion: Panellists at VCCircle summit

Finance

Development of MFIs crucial to financial inclusion: Panellists at VCCircle summit

The success of India's financial inclusion drive hinges on the development of microfinance ...

Micro-lender AYE Finance gets $3 mn in debt funding from SBI

Finance

Micro-lender AYE Finance gets $3 mn in debt funding from SBI

Gurgaon-based AYE Finance Pvt. Ltd, which lends to micro and small enterprises, has secured a credit...

Lok Capital marks first close of new VC fund at $40.5 mn

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Lok Capital marks first close of new VC fund at $40.5 mn

Impact investment firm Lok Capital said on Thursday it has raised $40.5 million (Rs 273 crore) to ...

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Lok Capital MD Vishal Mehta on social impact investing and exits during a slowdown

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Lok Capital MD Vishal Mehta on social impact investing and exits during a slowdown

Impact venture capital firm Lok Capital raised about $87 million in its first two funds and is now ...

It will be difficult for payment banks to grow profitably in the first few years, say panelists at Techcircle Payments Forum

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It will be difficult for payment banks to grow profitably in the first few years, say panelists at Techcircle Payments Forum

The yet-to-launch payment banks need to monetise the data on customers at the bottom of the pyramid...